Independent MLO's Thrive At NEXA Lending
We give you the tools and resources to reach the next level
NEXA Offers MLO's More
Unlimited commission and access to additional revenue opportunities
Get Paid on a W-2 or as a 1099 independent contractor with no taxes withheld
Work from home or remotely from anywhere and set your own hours
260 lenders to choose from so you can offer competitive pricing to win deals and switch lenders when needed to save a loan
Access to specialty loan products so you have a solution for every borrower
Get paid in 2 to 5 days after you your completed loans are submitted to payroll
Live support 6 days a week from experienced loan officers
Ongoing live zoom training, on-demand videos, and PDF educational materials
Unmatched corporate culture with leadership focused on making your life better
You can use own team name or DBA and have your own website
Access to a suite of MLO tools at no additional cost
Your own AI Agent to collect and process new loan applications
Build your own team, run your own branch
Optional training program for those that want assistance transitioning to NEXA
Get paid referral fees for loans in states you aren't licensed in
Ability to do non-delegated corespondent loans and control margin spread
Choose your own mortgage processors, or self-process
Access to our Business Development Team to generate leads for you
Partnership with Insurance Broker for fast, affordable insurance quotes
Ability to get your real estate license and be paid realtor commission
Take The Next Step
Complete the form below to get more information and access to our weekly zoom presentations for prospective NEXA MLO's
NEXA Pay & Fees
NEXA MLO's have control over their compensation plan and how they price their loans. The typical compensation plan has a top commission payout of 2.75% of the loan amount, although you can choose a lower percentage to t offer more competitive rates. Additional dollars for marketing and operating costs can also be earned.
Some loan products allow for even high compensation.
A portion of the generated commission is shared with NEXA, however there are multiple opportunities for you to get 100% of the commission, less taxes and fees that may apply.
If you don't qualify to receive 100% of the total commission you will receive 70% to 80% of your commission if you are paid as a 1099 employee. MLO's paid as W-2 employees will receive 60% to 70% of their commission before state and federal taxes are deducted.
Because NEXA offers unlimited pay and lets you keep the bulk of the commission, you are responsible for all costs associated with your employment. There is a $80 monthly fee to cover your essential technology services provided by outside companies. THIS FEE IS WAIVED FOR YOUR FIRST 3 MONTHS. After that the fee will be deducted from your loan commissions. We are working on reducing or eliminating this fee so it may not apply in the near future.
You are also responsible for any additional services, tools, or marketing programs you choose to use. NEXA provides discounted services that you are able to purchase, or you can use almost any other service you want and pay them directly.
NEXA Mortgage, LLC
NMLS # 1660690
AZ LIC # BK-2006218
5559 S Sossman Rd Suite 101
Mesa AZ 85212
NMLS Consumer Access
Homepage
Robert Balanoff
Recruiting Director
(773) 828-5700
NMLS # 1974234
