No split. No per-file fees. No quota.
100% of the revenue on every loan means exactly that on NEXA Unlimited - the originator keeps the revenue the loan produces. Here is the mechanic, what it does not cover, and how to sanity-check it.
What the named terms actually are.
| Term | NEXA Unlimited |
|---|---|
| Plan name | NEXA Unlimited |
| Payout | 100% of the revenue on every loan |
| Per-file fees | None |
| Volume requirement | None |
| Recruiting requirement | None |
| Providers | 9 wholesale providers, including UWM and PennyMac |
| Share of NEXA loans | 96%+ |
| Where the revenue goes | Your chosen compensation is paid to you; the rest stays in your own growth and marketing ledger |
| Payroll | Twice daily as loans fund; funds within 24 to 48 hours of closing |
| Employment | W-2 and 1099 options, depending on state |
| Platform cost | Monthly per-person technology fee |
| Coaching | NEXA Academy included at no cost |
| Servicing income | Roughly $25 to $30 per loan per month through eVOLend |
Compensation and program terms are set by NEXA Mortgage, LLC and are subject to change.
"100% of the revenue" is not the same claim as "100% commission."
The revenue a loan produces is set by its margin. On NEXA Unlimited, all of that revenue is yours. You choose a compensation setting from the approved chart; that part is paid to you on payroll, and everything above it stays in your own growth and marketing ledger.
The ledger is not money withheld from you. It funds your marketing and business expenses, and you can pay yourself a retention bonus from it - all but $5,000 - once every six months.
You choose the setting
Within the approved chart and compliance limits, the compensation level is your call - nobody at a corporate desk sets it for you.
You keep the revenue
On NEXA Unlimited there is no back-end split, no per-file fee and no company take on the loan.
You carry the costs
The monthly technology fee, marketing, extra tools and normal operating costs are yours. That is the trade for keeping 100%.
Same production, two models.
Benchmark: a $400,000 loan at a 275 bps margin ($11,000 of revenue per loan), with compensation set at 220 bps and 55 bps to your ledger.
| Monthly volume | Paid to you | Into your ledger | Total revenue, NEXA Unlimited | Same revenue at a 40-60% split |
|---|---|---|---|---|
| 5 loans ($2.0M) | $44,000 | $11,000 | $55,000 | $22,000-$33,000 |
| 10 loans ($4.0M) | $88,000 | $22,000 | $110,000 | $44,000-$66,000 |
| 20 loans ($8.0M) | $176,000 | $44,000 | $220,000 | $88,000-$132,000 |
Illustrative only. Not a guarantee of earnings, a projection or a typical result. The split column applies a hypothetical 40-60% split to the same revenue for comparison; retail plans vary widely. Actual compensation depends on volume, product, pricing, margin and individual performance.
How NEXA leadership explains it.
"NEXA makes money. We have simply built the company differently. We do not believe the answer has to be taking more and more from the loan officer on every transaction. NEXA Unlimited is possible because we have spent years building scale and creating a model that does not depend on that. I don't need to make money on individual loans anymore, I make money on volume."
Mike Kortas, Founder & Executive Partner, NEXA Mortgage
"We don't hire recruiters. What we do is give away the profits to the recruiting loan officers, so that they can recruit other loan officers directly. We truly believe that if we give loan officers the income off the loans, they will grow the company."
Mike Kortas
"There are more ways to make money than on loan fees for a broker. I won't give out trade secrets, but it's a real and sustainable thing."
Mike Kortas
Four questions worth asking any brokerage.
1. Are there per-file fees?
Ask for the number in writing. A plan can advertise a high split and still charge per closed loan, per month, or per service.
2. What is the monthly cost before my pipeline ramps?
Every platform has a cost floor. Know what yours is on day one, and know when it ends.
3. Who sets the pricing?
If someone else sets the margin, someone else sets your revenue per loan. Ask who controls it.
4. What happens to my book if I leave?
Ask it early. It tells you more about a company's incentives than anything on the recruiting page.
Ask us all four. Ask NEXA directly. Ask the loan officers who came before you. Then decide.
Straight answers.
Is it 100% of the commission or 100% of the revenue?
100% of the revenue — the company's full revenue on the loan. That is a larger number than a commission split.
Is there a catch with a downline?
No. NEXA Unlimited covers nine providers and requires no recruiting at all. A separate tier of 28 lenders requires one producing recruit.
Are there per-file fees?
None on NEXA Unlimited. You can check the rate sheets.
How is it paid?
Twice daily, landing 24–48 hours after closing.
Is any of it held back?
Everything above your chosen compensation setting stays in your own growth and marketing ledger — your revenue, drawable as a retention bonus every six months.
How much of NEXA's volume is 100%?
Over 96% of NEXA's loans run through the nine NEXA Unlimited providers.
Get the terms in writing first.
Book a call. We will send you the current compensation documentation before you commit to anything.
This site is for the recruitment of licensed mortgage professionals and is not an advertisement for consumer credit, an offer of employment, or a commitment to any specific compensation. Compensation, lender availability and program terms are set by NEXA Mortgage, LLC and are subject to change - verify all current terms directly with NEXA Mortgage, LLC. Bill Burg, NMLS# 1647508, AZMB#0944059 | NEXA Mortgage, LLC, NMLS ID #1660690 (nmlsconsumeraccess.org). Equal Housing Opportunity.
Bill Burg — Executive Partner, NEXA Lending
Running my lending business from a sailing catamaran in the Caribbean for the last 18 months. Same platform, same economics, real freedom. 23 years in real estate and mortgage.