Whether you’re purchasing your first home or buying your next, we’ll work together to identify a home loan that is right for you. Our simple online application makes it easy!
Do you have a loan application currently in process? Manage your next steps here.
It’s our commitment to you to close according to the terms of our approval letter, or we will pay $20,000 to the seller — which can really stand out when it comes to putting in an offer.
Timothy
Craig
1- $20,000 Guarantee
$20,000 guarantee is paid to the seller if the loan does not close based on conditions and expiration date of the approval as outlined in the Alerus pre-approval letter. The guarantee is available for all mortgage loans except new construction and renovation.
The guarantee is not applicable if:
(1) Borrower, seller or any third party cause the delay or elect not to close on the real estate sale.
(2) Borrower fails to sign required disclosures or provide key documents by the requested due date.
The $20,000 guarantee, if applicable, is available to the seller only and not any of seller’s agents, representatives or related parties.
* 20 Days and $20,000 Guarantee
Promotion eligibility:
An application is defined as the submission of six pieces of information: (1) the consumer’s name, (2) the consumer’s income, (3) the consumer’s Social Security number to obtain a credit report (or other unique identifier if the consumer has no Social Security number), (4) the property address, (5) an estimate of the value of the property, and (6) the mortgage loan amount sought.
