Chris Bice
Branch Manager
NMLS: 795099
774-306-1395

Why Nexa

NEXA was built by originators, for originators. We operate under one simple philosophy "be profitable, be compliant." Within this you are provided great flexibility on how you choose to run your business. With NEXA you have the freedom to operate essentially as your own mortgage company within the company. 

You decide how to price your loans, which investors to send loans to, and what technology to use. NEXA pays you the highest commission split possible allowing you to decide where to invest your money.   

The NEXA Advantage

Revenue Share

This is NEXA's way of rewarding you for helping grow the business. Instead of spending money advertising for new originators, NEXA recognizes the best way to grow the company is through their current originators. You receive 4% of the commissionable profit for all loans closed by someone you introduce to NEXA. This goes three levels deep. If you bring over Bob to NEXA, Bob attracts Sally, and she attracts Tim to NEXA, you would get 4% from all three of them. 

Revenue share has two very important and potentially life changing features:
>First, you can retain this income into retirement. If you stop originating mortgages either to retire or do something else, as long as you do not go to work for another mortgage company, you continue to receive your revenue share income.
>Second, your revenue share is willable. You can leave your revenue share to your heirs and they will continue to receive it. 
 
Example:
Loan Amount - $300,000 
Margin - 200bps (2%) $6,000
NEXA Operating Fee - 25bps (.25%) $750
Commissionable Profit - $5,250
Revenue Share - 4% $210
You would earn $210 in Revenue Share on that loan.

I used a 200bps margin in this example. You can earn up to 275bps on a loan. Also, if the loan qualifies for the NEXA100 program, 100% of the profit would be considered commissionable and NEXA does not take the 25bps increasing your revenue share. 

Watch the video below to learn more about Revenue Share. 

Click Below For Revenue Share Calculator

Revenue Share Calculator

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