Mosaic Filed for Bankruptcy: What It Means for Your Solar Loan
If you financed your home solar system with a loan from Mosaic, you may have heard that the company filed for bankruptcy and be wondering whether you still owe the balance. It is a fair question, and the answer is important to get right.
Here is the key point up front: Mosaic was a lender, not an installer, and its loans are reportedly still being serviced. A bankruptcy of the lender does not mean your loan disappears. This article explains what changed and what it may mean for you.
What happened to Mosaic?
Mosaic, formally Solar Mosaic LLC, was a major financier of residential solar and home-improvement loans. It did not install systems; instead, it provided the financing that homeowners used to pay contractors. According to reports, Mosaic filed for Chapter 11 bankruptcy in June 2025 in the Southern District of Texas, amid pressures that reportedly included high interest rates and softening demand for solar financing.
A wind-down or liquidating plan reportedly went effective in September 2025. In practical terms, the company that originated your loan is generally being wound down, but that is a separate question from whether the loan itself continues.
What this means for your solar loan
This is the part that matters most, so we want to be clear. Your Mosaic loan is generally not void because Mosaic filed for bankruptcy. Loans are financial assets, and in a bankruptcy they are typically transferred to another party who continues to collect payments. According to reports, Mosaic's loan servicing was transferred to a successor servicer associated with secured lender Forbright Bank, and borrower terms and payment obligations generally continue unchanged.
That means your interest rate, your monthly payment, and your payoff amount likely stay the same. What may change is the name on your statement and the address where you send payments. Watch for written notices identifying your new servicer, and confirm the payment details before your next due date. For more on how these situations tend to unfold, see our guide on what happens when a solar company goes bankrupt.
Possible grounds for a review
Because Mosaic was a lender, disputes usually center on the loan and the underlying installation rather than on ongoing service. If your installer misrepresented the system, failed to complete the work, or the financing terms differed from what you were told, there may be avenues worth examining.
One principle that can be relevant to solar loans is the FTC Holder Rule. In certain consumer-credit situations, it may allow a borrower to raise claims and defenses they have against the seller against the party that holds the loan. Whether it applies depends heavily on the facts of your case. Our overview of the FTC Holder Rule and solar loans explains the idea in plain terms, and a professional can tell you whether it fits your situation.
Should you stop making payments?
Please do not stop paying your Mosaic loan simply because of the bankruptcy. The loan is reportedly still being serviced, the balance is generally still owed, and missing payments could lead to late fees, collection activity, and credit harm. If credit is a concern, our article on whether canceling solar can hurt your credit may help you think it through.
Keeping your account current while a professional reviews your options is usually the stronger approach. Stopping payments first can undercut any position you might otherwise have.
What to do now
- Find your original Mosaic loan documents and any paperwork from your installer.
- Watch for notices naming your new servicer, and confirm where payments go before the next due date.
- Continue making your regular payments on time.
- Write down any concerns about the installation or the terms you were promised, with dates.
- Get a professional review to see whether the Holder Rule or other grounds apply to your loan.
If you want help understanding your options, we are here for that. Call (385) 490-8606 or request a free consultation — free, no obligation, Mon–Sat 8AM–7PM MT. You can also see how other cases compare on our list of solar companies that have gone out of business.
Utah Solar Exit connects homeowners with licensed professionals and is not a law firm; this article is general information, not legal advice about any specific company or contract.