Maple Grove, MN, November 12, 2010 -- Equity Source Mortgage (Roy Sperr) Passed The New Federal and State Mortgage Exams Scoring Over 90%.Everything in the banking/mortgage industry has changed over the past few years Sperr says. The government has required mandatory education requirements, criminal background testing, finger printing and personal credit reporting that is submitted to the regulatory authorities to determine "financial fitness". It is now mandated that all originators re-apply to see if the state of origin and the Nationwide Mortgage Licensing System and Registry will deem you fit to have an originators mortgage license. Some estimate, that 25% of the originators will fail the new testing requirements. The attrition will be fairly high in the mortgage business potentially giving way to good times ahead says Sperr.
As founder of Equity Source Mortgage, Sperr has 15 years of experience in Mortgage Lending and previous to that was a Certified MN Real Estate Appraiser. Sperr has a Bachelor's degree in Economics from Saint Cloud State (1993) with a Mini MBA in Real Estate from the University of Saint Thomas (2005). Equity Source is a small and versatile Mortgage Broker which allows our costs to be controlled and passed down to the consumer. No more than 2 persons handle your loan file within Equity Source consequently reducing delays and redundancy.
If you are interested in learning more on how Roy Sperr can help you Visit http://www.RogersMortgageLender.com or 763-657-2000, firstname.lastname@example.org
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