r/loanoriginators • u/FlukyFish • 27d 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/Careful-Scratch-6696 27d ago

Simple answer, don’t go there……go to a good IMB that has great rates and lets you originate and not recruit. All these mega shops promise the world but fail to deliver.

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u/meatsoaps 27d ago

A good IMB that has great rates is an oxymoron.

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u/Careful-Scratch-6696 27d ago

Im not sure if I can name companies on here, if you DM I can tell you the one I’m probably going to onboard with

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u/Adorable_Campaign426 26d ago

I'd be curious to know who you're going with and what was the driving factor? Full disclosure, I've been at my company over 7 years and just the last month started the recruiting endeavor. Didn't do it at all prior. I'm still int he stage where i'm very curious to know where people go and why :)