Your new construction home just got more affordable.
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 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.
Why finance with us?
- Local expertise, personalized service.
Our mortgage bankers live in the communities we serve and bring a calm, supportive approach to the lending process. - Consistent guidance from start to finish.
Building a home involves many moving parts. We’re here to help you navigate each step — from prequalification to final closing.
Frequently asked questions
Who qualifies for the $1,000 closing cost credit?*
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.
What types of construction loans does Alerus offer?
We offer one‑time close and two‑time close construction loans. Your mortgage banker can help you compare options. The special offer is not applicable.
How do I apply for and receive the closing cost credit?
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.
Does this offer apply to all home purchases?
This special applies only to owner‑occupied, single‑family, newly constructed, or proposed construction properties. Some restrictions apply.