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American Solar Direct Offering Home Solar Loans through Mosaic

published: 2015-01-15 16:43

American Solar Direct (ASD), a residential solar energy provider in California, is now offering homeowners the opportunity to own their solar systems through zero-down loans with Mosaic.

The American Solar Direct Solar Ownership Program Powered by Mosaic enables American Solar Direct to continue offering customers the simplicity of a one-stop source for all their needs – from installation, long-term maintenance, and world-class customer service – now with the added benefit of owning their system.

“Homeowners seeking a home solar solution should be able to rely on a trusted company to provide a full suite of options and high-touch personal service,” said American Solar Direct CEO Brennan Mulcahy. “American Solar Direct has always been that full-service provider, and is very excited to provide customers the option to own an ASD home solar system through our valued partnership with Mosaic.”

Mulcahy said that while American Solar Direct continues to offer customers the option to lease their solar system, the company has seen a recent strong interest in direct ownership. The American Solar Direct Solar Ownership Program Powered by Mosaic provides ASD customers an affordable option to own a home solar system with little or no money down.

“We are proud to work with American Solar Direct, one of the nation’s leading residential solar providers,” says Billy Parish, CEO and Co-Founder of Mosaic. “Our financing portal is extremely fast and makes it easy for more homeowners to get financing to own their solar and reap long-term financial benefits.”

Homeowners can easily and quickly complete an online loan application that provides immediate answers. In the vast majority of cases, ASD customers are able to take advantage of a 20-year term, with some of the lowest monthly payments of any home solar loan on the market.

There is also a prepayment option that enables homeowners to pay off their loan early and enjoy years of free energy from the sun. In addition to the ownership option, American Solar Direct also provides its customers with several other industry-leading features, including a 20-year energy production guarantee and a long-term warranty and maintenance agreement.

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