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NEXA to give 100% of commission split to loan officers 

NEXA Mortgage, the largest mortgage brokerage firm in the U.S., will pay its loan officers 100% of the commission splits “without any per-file fees or other hidden fees,” according to co-founder and CEO Mike Kortas. 

NEXA usually pays loan officers 220 basis points (bps) out of 275 bps on most loans. However, moving forward, it will allow LOs to access the remaining funds — the 55-bps difference — through its new program, NEXA100.

Prior to NEXA100, 100% commissions were just paid in three situations: when a branch closed over $2 million in details ⇒

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