In 1965, William Spencer began his career in Sacramento, California, as a Loan Officer for Bankers Mortgage Company, specializing in FHA & VA home loans.  There he had the opportunity to study under Ray Laphan who later became the first Director for the Federal National Mortgage Association (Fannie-Mae).  While with the firm Spencer became one of their leading mortgage bankers.

In 1970, Spencer opened his own mortgage banking firm, Sutter Mortgage Corporation.  He built this firm to average closing of 200 loans per month, specializing in home loans, subdivision construction and subdivision forward-takeout commitments.  At this time, he was certified as a Loan Underwriter for Fannie-Mae, Freddie-Mac, FHA and VA and was granted the rare authority, by each, to fund his own loan approvals immediately from his desk. He merged this firm with a national bank.

For years, Spencer taught real estate finance and economics at evening college and conducted real estate financing seminars.  He is a licensed real estate broker by the state of California Department of Real Estate, and is the author of “A Guide To Single Family Financing.”

In 1980, after a hiatus in Mexico, studying the culture and language, William Spencer Financial was founded.  Spencer began financing commercial, industrial and agriculture real estate with private, institutional and SBA funds. He sold and purchased loan portfolios for banks and arranged lender participations.  The firm offers exceptional solutions to almost any real estate loan request, assisting clients large and small with simple and complex projects.  Maximum effort and creativity is put forth to search out and obtain the best financing for each and every loan request.