Your new construction home just got more affordable.
Get a $1,000 credit toward closing costs.*
Get a $1,000 credit toward closing costs.*
Looking for the perfect home? With the Parade of Homes approaching, it’s a great time to explore new construction options. To support homebuyers during this season, Alerus is offering a $1,000 closing cost credit* for eligible new‑construction mortgage loans.
Whether you’re finalizing your plans or just beginning your search, we’re here to help you move forward with clarity and confidence.
This credit is available to eligible Alerus Mortgage clients with new‑construction purchase agreements dated between March 13, 2026 and May 13, 2026, who close their end mortgage loan by December 31, 2026. Contact one of our mortgage experts, or visit a location near you to determine if you qualify.
We offer one‑time close and two‑time close construction loans. Your mortgage banker can help you compare options.
Your credit will be applied automatically at closing if your loan and purchase agreement meet eligibility requirements. Simply apply online, or contact one of our mortgage experts, or visit a location near you.
No. This special applies only to owner‑occupied, single‑family new‑construction properties.