Helping you find the right path to home ownership.

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Angie Sherer


Mortgage Loan Originator | 612-644-9948 | NMLS 373912

With over 20 years of experience in the mortgage industry, you can relax knowing that Angie and her team will take care of you. Angie is more than just your average mortgage lender and works hard to guide you through one of the biggest financial decisions of your life.


She and her team will help you structure a mortgage plan that makes you feel comfortable and confident in your choice. How? By having a complete understanding of what it takes to get you pre-approved for your future home, second home, or investment property. Whatever you may need, the Angie Sherer Team can help!

More About Angie

Our Loan Options

Community Reviews

How We Make a Difference in Our Community

For a long time, the housing market has not been kind to minorities and a variety of communities. While we’re happy to be a part of Luminate—a company that actively works against those stigmas—we also like to make a difference any chance we get.


We know how important it is to help your neighbor, no matter their color, gender, background, or sexual identity. It’s part of why Angie is so committed to being involved in her community. With her help, the team is always ready to volunteer their time to help organize events that get clients, friends, family, and referral partners involved.



Each quarter, Angie donates to a local charity selected by a past client. The client gets the opportunity to deliver the donation in person. The Angie Sherer Team also participates in the 12 Days of Giving every December, where they donate to a local charity for the first 12 days of the month.

  • Angie Sherer team on Earth Day

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  • Angie Sherer team donating to Crescent Cove

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    Crescent Cove

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  • Angie Sherer team donating toKeane Sense of Rhythm

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  • Angie Sherer team participating in meals on wheels

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  • Angie Sherer team donating to Move Minnesota

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  • Pinkyswear logo

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  • MTHC logo

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  • Ruff Start Rescue logo

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  • Hope Chest for Breast Cancer logo

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  • Lyke's Boxing logo

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  • MS logo

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  • Feline Rescue logo

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  • Appetite for Change logo

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  • Ride for Life Chad Smith logo

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  • Gilda's Club Twin Cities logo

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  • Help at Your Door  logo

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  • Free Bikes 4 Kidz logo

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Our Team

Angie Sherer headshot

Angie Sherer

Mortgage Loan Originator

612-644-9948 | NMLS 373912

Angie@AngieShererTeam.com

Stephanie Price headshot

Stephanie Price

Loan Officer Assistant

612-867-1355 | NMLS 395420

Sprice@AngieShererTeam.com

Kristina LeMire headshot

Kristina LeMire

Loan Officer Assistant

612-867-2239 | NMLS 1706897

Kristina@AngieShererTeam.com

Mariah Stewart headshot

Mariah Stewart

Loan Processor

763-458-8135

Mariah@AngieShererTeam.com

Billy Anstett headshot

Billy Anstett

Mortgage Loan Originator

612-578-3956 | NMLS 144220

Billy@AngieShererTeam.com


Blog

By Luminate Marketing Team March 25, 2022
Angie Sherer, a Loan Officer with Luminate Home Loans, was recently named as a Top Producing Loan Officer by Minnesota Housing for her loan production volume during 2021.
By Luminate Marketing Team March 12, 2019
What Happens During Mortgage Underwriting? What is underwriting? Your mortgage lender uses underwriting to take steps to verify your income, assets, debt, and property details along the path to approving your home loan. It's a way to reduce the mortgage lender's risk in providing you with the funds while ensuring you can actually afford the home you would like to buy. What do you need for underwriting? Your mortgage officer or lender will ask for a range of documents that answer questions concerning your income and ability to afford the home. These documents likely will include your tax returns, pay stubs, W-2s, W-9s, gift letters, and bank statements. The lender will assess any debt you have, such as monies owed on vehicles, student loans, credit cards, or furniture. The lender looks at any retirement savings and investments. Taken together, these paint a picture of your financial health. What will happen during underwriting? An underwriter is a financial expert specifically trained to do this kind of risk assessment work. The individual looks at your finances to determine how much risk the lender can take if they decide you qualify for a loan. Essentially, this underwriter decides if your loan will be approved or not. They want to ensure you don't receive a mortgage that you cannot afford and risks the lender initiating foreclosure proceedings. During the underwriting process, the underwriter will: #1: Review your credit report The credit report shows your credit score and how you used your credit in the past. They search for red flags like bankruptcies, late payments, and overuse of credit. A clear record with a good credit score shows that you are responsible about repaying debts. This improves your chances of loan approval plus better loan terms and interest rates. #2: Review your home appraisal The underwriter reviews the appraisal on the intended home. The appraisal is to verify that the amount you are asking for in funding aligns with the home's actual value. The appraiser pulls comparable sales from the neighborhood and inspects the home to make sure the purchase price is reasonable. #3: Verify your income The underwriter needs to prove your employment situation and actual income. You typically need three types of documents to verify your income, including: W-2s from the last two years Recent bank statements Your most recent pay stubs. If you are self-employed or own a large share of a business, your underwriter will look for different documents like your profit and loss sheets, balance sheets, and personal and business tax returns. The underwriter may ask questions about where certain deposits came from or for you to provide additional proof of assets. #4: Assess your debt-to-income ratio The debt-to-income ratio is a figure that shows how much money you spend versus how much money you earn. DTI is calculated by adding up your monthly minimum debt payments and dividing it by your monthly pretax income. The underwriter compares your debts to your income to verify you have enough income to afford your monthly mortgage payments, taxes, insurance. In addition to monthly income verification, the lenders want to see your assets because these can be sold for cash if you default on your mortgage payments. #5: Verify down payment Lenders want to make sure you have enough funds to cover the down payment and closing costs on the home purchase. Underwriters also look at your bank statements and savings accounts to ensure that you have the funds your sale and purchase agreement outlines you would make at closing. How long does loan underwriting take? Depending on how busy the underwriter is, the approval process can take 2 to 3 business days to work through the different steps. Other parties can hold up the approval process, such as the appraiser, title insurance, and any other external items in the process. Help speed along the underwriting process by actively responding to any requests from the team. Respond to any questions quickly and honestly. Avoid opening new credit lines during the process, as that will complicate your approval. After underwriting is finished... Once the underwriter is complete, they will approve, approve with conditions, suspend, or deny the loan application. The approval will give you the all-clear to close on the home purchase. For any other determination, review the reason and see if you can take steps to improve your chances of a future approval.
By Luminate Marketing Team March 12, 2019
Owning a home can be a big decision to make, but it can also be a worthwhile one. Big decisions should be made on an informed basis and, of course, Luminate is here to help!

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Have you been thinking about starting the pre-approval process? Do you have questions about where to start? It's never too early to get started! Apply today!
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