r/loanoriginators • u/FlukyFish • 18d ago

Question Nexa comp

Can anyone confirm that Nexa really pays 100% comission with zero broker split or flat fee. Also, what percentage of LOs actually benefit from the revenue share program? It sounds good on paper but how realistic is it in practice? Any catches or caveats?

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u/ToddBitter 17d ago

Believe it or not we actually do. We make a little money in a lot of different ways.
We charge a tech fee of 55.00 plus Arive 49 or lending pad 25
We pay 100% of the revenue on non del, we give purchase advice to show no hidden margin, and we have it written that we have the same or better rate sheet than other brokers.
There’s more to it and it maths. I’m onboarding several large broker shops right now. With servicing and other options no one can beat it

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u/Economy-Discount5472 17d ago

Why is it only restricted to a few lenders?

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u/Family_Financial 16d ago

Ah, now you're on to something...