mortgage calculator: Changes in Minnesota....Is it going to help? - 08/21/07 02:48 AM
 After new legislation went into effect for mortgage loans on August 1st, 2007, mortgage companies in Minnesota have been scrambling.  This new legislation has banned mortgage brokers in MN from doing stated income or No Doc loans.  I'm not quite sure why this seems like it was so last minute to everyone.  We knew the legislation was coming....we knew what it said....we knew where we were headed.
But, it seemed as though the mortgage companies were just pretending that nothing would change.  We all kind of rode the wave and when it crashed down, nobody knew what to do.  Within the past … (1 comments)

mortgage calculator: National Night Out 2007 in Cambridge and Isanti, Minnesota! - 07/26/07 05:41 AM
The Isanti Involvment Team and Cambridge Police Department invite area residents to the 24th Annual National Night Out 2007.
Isanti - Held at the Isanti Community Center on Tuesday, August 7th at 6:30pm for potluck dinner, root beer floats, moonwalk, games and prizes.  Meet your local first responders and neighbors to help make a stand against crime.
Cambridge - Held at Helios lodge 273 at 343 2nd Ave SW in Cambridge.  Event will be held from 6-9pm.
National Night Out is a National event which is sponsored by Target.  It is a unique crime and drug prevention effort sponsored by the National Association of … (0 comments)

mortgage calculator: Don't Miss the 130th Annual Isanti County Fair - July 25-29, 2007 - 07/20/07 09:02 AM

Get Ready for the 130th Annual Isanti County Fair!  It gets bigger and better every year.  Hope to see you there!
Here is your schedule of events:
Wednesday, July 25th
8am-9pm                           4-H Animals entered, barns - ALL ANIMALS (except dairy) MUST BE ENTERED BY 9PM
9am                                   4-H Dog Show - Kennel Club Shelter
1pm-7pm                           4-H Project Member interviews - Poultry & Rabbit in barns
2pm                                  4-H Pet & Cat Show - Kennel Club Shelter
4pm                                  Beer Garden Opens
5pm                                  Midway Opens - FREE Trolley Rides Start
5:30pm                             4-H Dairy Goat Show, East Show Arena
5pm-9pm                          Zebreko Zoo-Tran Exotic Petting Zoo & Pony Rides, Rock Wall & Bungee Jumping open
5pm-9pm                          Wildlife exhibit opens … (0 comments)

mortgage calculator: Braham Pie Day is here at last! - 07/20/07 07:37 AM
Enjoy pie, pie, and more pie at the 18th Annual Braham Pie Day held in downtown Braham, MN on Friday, August 3rd, 2007.
The festivities are held in Freedom Park starting at 10:00 a.m. on August 3rd.  Activities include a pie eating contest, an art, craft, quilt, and fashion show, a pie medallion hunt, the Sweet as Pie Collector's Car Show, and Pie in the Sky or Pie in Your Eye Game Show.  Events continue throughout the weekend.  Sunday, August 5th features a Celebration of Praise in Freedom park.
Braham Pie Day Schedule of Events
7:00 a.m. -                          Pancake breakfast at the VFW building, W. … (5 comments)

mortgage calculator: Legislation changes in MN for mortgages effective August 1st, 2007 - 07/19/07 05:59 AM
Effective August 1, 2007, three anti-predatory legislative bills (H.F. 1004, S.F. 988, and S.F. 2096) enact changes designed to curb home foreclosures and mortgage lending fraud.
Many Minnesota lenders are taking a conservative approach by choosing, at least for now, to purchase only full documentation loans.  Others are stating that "no income, verified assets" will be acceptable.  However, all lenders are wanting to see that we have established a borrower's "reasonable ability to repay the loan." 
As we move closer to the August 1 effective date, more investors are issuing statements describing their position on the effect of the legislation.  While most … (2 comments)

mortgage calculator: Single family moratorium for Cambridge, MN? - 07/06/07 09:06 AM
             What good will this do?
Some local realtors in Cambridge, Minnesota are asking the city for a temporary halt on building new single family homes.  One realtor feels that a moratorium on large developments would decrease housing inventories, thus result in higher home values and benefit all home owners.
Has the city done a demographic study to determine housing need in Cambridge?  Has consideration been given to determine the effect of too much housing inventory (which results in lower home values)?  Has consideration been given to how the real estate market will be or has been affected by new developments?
One local realtor … (3 comments)

Angie Gerhardson, Helping YOU Realize your Dream of Homeownership! (Luminate Home Loans, Inc. - NMLS# 150953)

Angie Gerhardson

Helping YOU Realize your Dream of Homeownership!

Isanti, MN

More about me…

Luminate Home Loans, Inc. - NMLS# 150953

Address: 404 Whiskey Rd N, Suite L, Isanti, MN, 55040

Office: (763) 691-0202

Mobile: (763) 245-6150

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My blog is all about mortgages and real estate with a spattering of community specific information about Cambridge, Minnesota, Isanti County, or surrounding areas. I will also have a few blogs about being a Mom in Real Estate and other personal items, but will only post to those specific groups. I hope you enjoy reading the spillage of my brain.




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