The Alera Difference

Alera Financial is a Correspondent Lender, which means we are in total control of the loan process from start to finish. We use our own money to make your loan. We alone make the final decision, and this means fast turn times, flexible underwriting and customer service driven experiences.

Mortgage brokers, on the other hand, do not underwrite or fund your mortgage. Instead the lending decision is made by investors who are often located elsewhere. So, who you are, what you need, and how it could affect you tomorrow are questions that are not going to weigh heavily in their decision making process. They approve a mortgage for you, but whether this mortgage is right for you is something you may never know.

With Alera Financial you and your Mortgage Consultant will decide the ideal financing package based upon the unique circumstances of your family’s needs. We offer the entire range of Conventional, FHA, VA, Non-conforming and Sub-prime lending options.

So, whether you are a first time buyer, a move up or move down buyer, or seeking to refinance your home Alera Financial is the right place to start.

Loan Products

Fixed Rate Mortgages
Advantages	Disadvantages
Monthly payments are fixed over the life of the loan Interest rate does not change Protected if rates go up Can refinance if rates go down	Higher interest rate Higher mortgage payments Rate does not drop if interest rates improve

Adjustable Rate Mortgages (ARMs)
Advantages	Disadvantages
Lower initial monthly payment Lower payment over a shorter period of time Rates and payments may go down if rates improve May qualify for higher loan amounts	More risk Payments may change over time Potential for high payments if rates go up

Balloon Mortgages
Advantages	Disadvantages
Lower initial monthly payment Lower payment over a shorter period of time Many balloon mortgages offer the option to convert to a new loan after the initial term.	Risk of rates being higher at the end of the initial fixed period Risk of foreclosure if you cannot make balloon payment or if you cannot refinance or if you cannot exercise the conversion option

First Time Buyer Programs
Advantages	Disadvantages
Lower down payment Easier to qualify Sometimes you may get lower rate	May be subject to income and property value limitations Some programs which have government subsidies may have a recapture tax if you sell the house too early.

Stated Income Programs
Advantages	Disadvantages
Don't need to verify income Faster approval	Higher rates Higher down payment

No point, No fee Programs
Advantages	Disadvantages
No closing costs Less money required to close	Higher rates Higher payments

Imperfect Credit Programs
Advantages	Disadvantages
Potential for reestablishing credit if you pay your mortgage on time. When used for debt consolidation, you may be able to reduce your monthly debt payment	Higher rates Terms may not be as favorable Harder to get long term fixed loans Loans may have prepayment penalties

Home Equity Line of Credit
Advantages	Disadvantages
You only borrow what you need Pay interest only on what you borrow Flexible access to funds Interest may be tax deductible	Rates can change. The maximum interest rate is normally high. Payments can change Harder to refinance your first mortgage

Home Equity Fixed Loan
Advantages	Disadvantages
Fixed payments Interest may be tax deductible	Higher interest rates than on firstst mortgages Harder to refinance your first mortgage

Which loan is right for me?
Years you plan to stay in the house	Recommended Program
1-3 years	3/1 ARM, 1-Year ARM or 6-Month ARM
3-5 years	5/1 ARM
5-7 years	7/1 ARM
7-10 years	10/1 ARM, 30-Year Fixed or 15-Year Fixed
10+ years	30-Year Fixed or 15-Year Fixed

In addition to our standard loan programs, we also offer a number of unique programs to serve your needs:

Purchase a house with 0 down
Piggyback loans 80-10-10 or 80-15-5. No PMI payments even with 5% or 10% down
Debt consolidation programs
Home Improvement loans
Qualify even if you may have been turned down before

Here is a great opportunity.

Production Manager Needed

The position is open for a loan officer who wants to
maximize their income while maintaining control of
their
business. Alera Financial provides the right person
with
the following:

Full-Time Position
401K Plan
50% Medical and Dental
Company provided Laptop, Printer/Scanner
Company Email Address
Business Cards
Online Marketing Flyers
Automated Loan Status
Optional Loan Coordinator (to maximize business
building)
Online Pricing Software
Online 1003
Calyx LOS Software Access
?and more for the right person

30 + Investors, 1500 + Programs
Loans underwritten IN-HOUSE within 48 hours of receipt
of loan package from the Officer
Automated loan status informs all parties in
transaction twice daily of the loan program
IN-HOUSE Credit Counseling
Easy online product selector helps you optimize price
and loan program selections
IN-HOUSE marketing and technology support
Ability to do desk rentals, marketing & service
agreements, and joint ventures

Top Loan Officers earn well above average commissions
(especially with compensation plan)

Alera Financial is currently licensed in 15 states and
expanding to 30 states shortly. Being licensed in 15
states allows our loan officers to market outside their
geographical area without obtaining different licenses.

Only Hiring - Highly Motivated, Hardworking, Energetic
Loan Officer to fill this Production Manager Position.
Applicants will have to meet certain requirements to be
considered. We are asking that you email Sherri a short
resume at etedmond@sellandbuywithedmond.com, and we
will
contact you within 48 hours (please include all
contact information).

Do not pass this opportunity! Strong Company Looking
For Strong Team!!

E.Tamika Edmond
Chief Executive Officers
Edmond Consulting Group
Columbia, SC
Company website:
www.reinvestorleads.net
Phone: (803) 394-0824
"Turn dreams to reality within realty."
website:www.sellandbuywithedmond.com