NEXA Mortgage, the Nation’s Largest Mortgage Broker, Launches NEXA100
21 Mayo 2024 - 11:30AM
Business Wire
The new program gives up to 100% of commission
splits to mortgage loan officers
NEXA Mortgage founder and CEO Mike Kortas announced today that
NEXA Mortgage, the nation’s largest mortgage loan broker, is
launching a revolutionary compensation plan for its mortgage loan
officers (MLOs). Titled NEXA100, the new program will allow for
NEXA’s loan officers to keep up to 100 percent of the loan
officer’s commission splits, without any per-file fees or other
hidden fees.
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Mike Kortas, CEO of NEXA Mortgage --
photo courtesy of NEXA Mortgage
“NEXA100 is the most competitive game changer in the mortgage
loan industry,” said NEXA founder Kortas. “It gives our loan
officers a shot at making 100 percent of the loan commission,
including a reinvestment into their business. And the greatest
thing about NEXA100? Our loan officers will still be giving our
clients the best mortgage rates in the industry.”
Innovation has been at the forefront of NEXA Mortgage since its
founding in 2017. With over 2,500 loan officers working throughout
the country, NEXA has become the mortgage broker leader by being
the champion for loan officers in an industry that didn’t always
treat loan officers well…until NEXA entered the fray. Since its
founding in 2017, NEXA has processed over 85,000 home
mortgages.
Jason duPont, branch manager and NEXA executive partner, said,
“NEXA100 is about giving our teams of loan officers and branch
managers trust. Our teams will get up to 100 percent of NEXA
revenue so they can grow their businesses on their own. We can only
do that because of our deep knowledge of revenue origination and
cutting-edge techniques.”
Michael Neill, director of correspondent lending at NEXA, added:
“This is probably the boldest program we’ve launched because it
goes against the fear that, if you give too much of the split to
loan officers, you do not have anything left to run the company. We
don’t believe that.”
ABOUT NEXA100
NEXA100 is an option where loan officers can earn 100 percent
commission on the loan. Compensation rules must be obeyed per all
agreements, and the 100 percent of the commission to the loan
officer can be obtained when fees to the loan officer are factored
including money that goes to marketing and other costs for the loan
officer. For more information about NEXA100, go to
www.nexa100.com.
ABOUT NEXA MORTGAGE
NEXA Mortgage is a full-service mortgage company headquartered
in Chandler, Arizona, with additional offices in 48 states, Puerto
Rico and the Virgin Islands. Whether buying a home, relocating to a
new area, or refinancing, NEXA helps clients realize their dream of
homeownership or save money when getting a new lower monthly
payment. NEXA also funds investment properties and provides
commercial financing. Reach out to NEXA for quickly funded home
purchase loans, refinance rates, rate comparisons, property
evaluation, and cash-out refinance options. For more information
about NEXA Mortgage, go to www.nexamortgage.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240520884629/en/
Press queries for NEXA Mortgage: Ross Johnson, Johnson Public
Relations Ross.Johnson@johnsonpublic.com (ph) 877.947.2496 ext.
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