Alerus adds mortgage teams | BankBeat


Joe Nabedrick
Erin Moffitt

Alerus Financial is expanding its mortgage presence in the Twin Cities. It added Joe Nabedrick and Erin Moffitt as mortgage bankers and Sarah Parrott and Allison Pederson as mortgage loan officer assistants.

Nabedrick has worked in the Twin Cities mortgage industry for nearly 20 years, serving most recently as a senior mortgage loan officer at U.S. Bank, Minneapolis. He specializes in navigating complex home financing programs, with expertise in physician and first-time homebuyer loans. He has a bachelor’s degree in psychology from the University of Wisconsin-Stout in Menomonie.

Moffitt has 20 years of experience in the mortgage industry, specializing in physician and first-time homebuyer loans. Prior to joining Alerus, he was a senior mortgage loan officer at U.S. Bank. He has been named to Twin Cities Business and Minneapolis-St. Paul Magazine’s annual Super Mortgage Professionals list for the past 10 consecutive years. Moffitt has a bachelor’s degree in finance from the University of St. Thomas, St. Paul, Minn. He serves as a board member for the Mahtomedi, Minn., Basketball Association.

“We are thrilled to welcome these top producing Twin Cities-based mortgage banking teams to Alerus,” said Lori Day, senior vice president and mortgage director at Alerus, which is headquartered in Grand Forks, N.D. “Not only are they experts within their industry, they are committed to providing superior service and meeting the unique needs of each client from start to finish. Their passion fits perfectly with our focus, and we look forward to supporting their continued success.”

The $3 billion Alerus has 16 offices in North Dakota, Minnesota and Arizona.



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