However, the amount of money that you just’re eligible to borrow will rely upon a quantity of components together with your credit score history and debt to income ratio. While a HELOC is borrowed in opposition to your house’s equity, a house improvement mortgage doesn’t use your house as collateral. Because of this, home improvement loans have a loan maximum of $35,000 in comparison with HELOCs—that can vary from $35,000 to $350,000. Financing applied for and processed by way of the Mosaic platform is originated by Solar Mosaic LLC or certainly one of its lending/financing partners. Refer to transaction particular disclosures and loan documents for details and additional data. Whether your goal is increasing sales, simplifying operations or getting paid quick, Mosaic is redefining the financing expertise, helping your prospects rapidly finance their home improvement projects.
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