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Eric Pederson

Loan Officer
NMLS #642070

Hudson Branch
625 Commerce Dr., Suite 108
Hudson, WI 54016

CUSTOMERS Come First

Whether you dream about purchasing your first home, or third, we are here to help your homeownership dream become a reality—which is why we’ve made buying a home easier than ever with our leading-edge technology, alleviating piles of traditional paperwork.

When you work with Novus Home Mortgage, you can close on your home simply faster with our digital mortgage application process. 

Why Homebuyers Love Working with NOVUS

Buying or refinancing a home is a big decision. You deserve straight answers. No jargon. No guesswork. You get clear explanations, real guidance, and consistent updates from pre-approval through closing.

Your goals, budget, and timeline are unique, so your mortgage should be too. Whether you are exploring:

• Conventional financing
• FHA (Federal Housing Administration) loans
• VA (Department of Veterans Affairs) loans
• USDA (United States Department of Agriculture) loans
• Investment property loans
• Second home loans
• Construction loans
• And more!

We help you compare your options and choose a loan that fits your life.

You should never feel like just another name on a list. With Novus, you get a loan officer who truly listens, cares about your goals, and guides you through every step with clarity and support. We blend personal care with smart technology to make your experience easier long after the closing table.

Learn how to Buy Your First Home

Buying a home is a big step — and I’m here to make it easier. I’ll walk you through your options, answer your questions, and help you find the right loan to fit your life and goals.

Our Services

Younger woman in her new home

Home Purchase Loans

Expert guidance through the home buying process
Young family with children in new home

Refinancing Options

Solutions to lower your interest rate or monthly payments
Younger couple starting out in first home

Personalized Consultations

One-on-one meetings to discuss your financial goals
Family outside just sold new home

Loan Program Guidance

Detailed explanations of different loan programs available

In Our Community

Our work doesn’t stop at helping families buy homes—we’re committed to strengthening the places we live and work. From sponsoring youth programs to supporting local charities, we’re proud to give back to our community.

Younger couple in new home with plants

Proudly Giving Back

We volunteer, sponsor local events, and support programs that strengthen our community.
Older couple walking into new home

Local Food Drives

We partner with local food banks to fight hunger, sponsoring community drives that help families in need.
Couple enjoying move-in day in new home

Youth Sports Sponsorships

We’re proud to support local youth sports programs, helping kids build teamwork, confidence, and lifelong skills both on and off the field.

Estimate your mortgage

See estimated monthly payments based on your loan details. Compare scenarios to find what best fits your budget.

$

5%

1%

5%

0%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Monthly PMI $0

$

5%

1%

5%

$
$

$1421

Monthly FHA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Up-Front MIP (1.75%)$0

Monthly Mortgage Insurance $0

$

0%

5%

1%

$
$

$1421

Monthly VA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Purchase Price $1421

VA Funding Fee $1421

Amount Financed $1421

$
$
$
$
$
%

You can afford up to

$

Monthly Payment $

Principal & Interest $

Tax $

Insurance $

$
%
months
$
%
months
$

Refinancing could save you

$/month

New monthly payment $

Refinance fees $

Lifetime Savings $

Steps to Easy Home Buying with Novus

Buying a home is a major milestone. You deserve a path to homeownership that feels clear and supported at every step. The Novus Path brings together experienced loan officers, innovative technology, and industry-leading knowledge in both traditional and Non-Qualified Mortgage (Non-QM) lending.

Younger woman in her new home

Get Pre-Approved

A Novus pre-approval gives you a clear idea of what you can afford, helps you understand your loan options, and strengthens your offer when it is time to make a move.
Unboxing and move in day

Explore Your Loan Options

From conventional, FHA, VA, and USDA loans to Non-QM, jumbo financing, and down payment assistance programs, we help you compare options and choose the one that fits your goals.
Younger couple starting out in first home

Find the Right Home

With your pre-approval in hand, you and your real estate agent can focus on homes that match your budget and priorities. Your loan officer stays connected throughout your search to answer questions and offer guidance.
New couple in home during move in day

Apply and Submit Documents

Our technology makes it easy to apply, upload documents, and see what’s next. Your loan officer will walk you through exactly what is needed and help you stay organized to keep your application on track.
First time homebuyer with my new home sign

Processing and Underwriting

Our team reviews your file, verifies your information, and prepares your loan for underwriting. Underwriting is the step where a loan expert reviews your financial details to make sure everything meets the guidelines for your loan. We keep you updated throughout the process and let you know if anything else is needed to keep your loan moving.
Family outside just sold new home

Closing, Getting Your Keys, And Beyond

Once your loan is cleared to close, you’ll sign your final documents and celebrate becoming a homeowner. Your Novus loan officer is here for you long after closing, whether you need answers, updates, or help with future financing.

Real Stories from Real Owners

Eric Pederson was wonderful to work with. His knowledge of mortgage loans paired with his willingness to help is so appreciated. I went into the mortgage loan process really not knowing the details of how things worked and Eric was super fast to answer all of my questions, and there was plenty of them! Eric is an asset for Novus Home Mortgage and his knowledge base is truly remarkable. Without his help I never would have made it through the process. He made sure that the loan underwriting was quickly completed . We had everything ready to close in 2.5 weeks. I'll definitely work with him again when the time comes.
Joshua C.
Little Canada, MN
December 19, 2025
Eric was the best mortgage officer I have worked with after purchases 2 houses prior to this one . He was transparent, and was very proactive in his communication aroind documentation needs
Glen B.
Ellsworth, WI
December 19, 2025
Eric is wonderful to work with. He is very professional and keeps you up to date on everything going on in the loan process and communicates well
Debra W.
Lake City, MN
December 16, 2025
Eric is super responsive. There's a reason my realtor suggested him!
Christopher Thomas N.
River Falls, WI
December 13, 2025
Thanks Eric!
Amy C H.
Chetek, WI
December 13, 2025
Eric was responsive and very helpful during our home purchase.
Lori J G.
Somerset, WI
December 11, 2025
We were in a situation where we had 90 days to leave the property we were managing and called home. The houses we managed were going to be re-purposed. We never thought we could buy a home let alone within 90 days. It was alot of work but Eric got it done for us and even showed up at the closing, fast responce to e-mails and call backs.
Kevin P.
River Falls, WI
December 11, 2025
Professional and efficient. We would recommend him to others.
David C.
New Orleans, LA
December 10, 2025
Easy quick refinance process
Austin Jacob G.
Dalbo, MN
December 10, 2025
Eric is the best
Jacob Andrew K.
Holcombe, WI
December 10, 2025
Eric Pederson at Novus was great to work with on the purchase of our new home. We had to sell our old home and purchase our new home within a very short window of time and he worked quickly on our behalf. He was super knowledgeable, personable and responsive throughout the process. I will definitely be recommending Eric to friends and family looking for a trusted local mortgage expert!
Kyndra Gagne .
January 27, 2025
Eric Pederson with Novus Home Mortgage was very professional, communicated and clarified things and the process in a way that was easy to understand and responded in a timely manner. Eric was always available to answer all my questions and made me aware of my loan process and what was needed and expected. Eric collaborated professionallly with all the parties involved in this process and made my loan applicatoon and rocess a great experience, until the closing of my new house. I would hightly recommend Eric and his team.
Jacob Oreso .
January 26, 2025
This was our second experience working with Eric Pederson with Novus. Both time that we have worked with Eric were great experiences. Eric is responsive, knowlegeable and helpful. I really believe Eric was key to our transactions closing smoothly.
Keith Kennedy .
November 27, 2024
Eric was great to work with. Everything in the process was streamlined and he was always available to answer questions. He helped us quickly secure financing for our new property. I highly recommend Eric if you need to get a mortgage.
Brad Karel .
August 8, 2024
Eric is great to work with! He really knows all of the ins and outs of financing and helped us purchase our first home. We were very budget conscious and he was patient with all our questions and always responded super promptly. He is really on top of everything and makes you feel secure in your decision. Highly recommend!
Eliza Bravick .
July 31, 2024
Amazing to work with and extremely helpful. Answered all my questions and if he didn't have the answer he would figure it out quickly.
cody lundquist .
July 27, 2024