For Former NEXA Loan Officers
If you left NEXA before 2024, you didn't leave this company.
You left a version of it. The platform you walked away from paid 220 to 275 basis points, had no NEXA Unlimited, and offered 100% of revenue only in narrow circumstances. That is not the platform that exists today. Here is exactly what changed — and you can decide whether it matters to you.
First, the honest part
People leave companies for good reasons. A split that stopped making sense. A structure that did not fit. A season of life where something else was the right call. None of that needs defending, and this page is not going to argue with your decision.
What we will do is tell you what is different now, plainly, and let you judge whether the reasons you left still apply.
You are not being asked to admit you were wrong. You are being asked to look at a company that has changed.
I will say this plainly too: NEXA is a better and much happier company today than the one you left. The leadership team is doing genuinely good work, and it shows in how people feel about being here.
And there is one thing worth knowing about how NEXA thinks about departures. Our model does not punish them. When a loan officer leaves, their downline does not contract — those producing lines stay on the platform. That is why we can be genuinely unbothered about people exploring other options, and why a conversation with us carries no pressure.
What actually changed
The single most important thing to understand: if you left before May 2024, the compensation model you left is gone.
| Dimension | The NEXA you may remember | NEXA today |
|---|---|---|
| Compensation | 220–275 bps, with 100% reachable only in narrow situations | Up to 100% of the revenue, across nine NEXA Unlimited providers with no recruiting requirement |
| Coaching | $250 per month, out of your own pocket | Included at no cost — one of the biggest changes for returning officers |
| NEXA Unlimited | Did not exist | Nine providers, including two of the top three lenders in the country by total production volume |
| What 100% applies to | Conditional — tied to volume thresholds or bringing people in | 96%+ of NEXA's loan volume runs through NEXA Unlimited, with no recruit requirement |
| Lender access | Narrower shelf | 321 lenders and 7,000+ products, including non-QM, bank statement, DSCR, reverse, and commercial |
| Revenue share | Limited structure | 10 bps, three levels deep, up to $3,000 per producing loan officer per month |
| Residual income | Minimal or none | Servicing income on your book, plus revenue share — and continuing to your family |
| Getting paid | On a scheduled cycle | Twice daily, landing 24–48 hours after closing |
| Training program | NEXA Academy did not exist before 2020 | A purpose-built program with more than 600 loan officers graduated through it |
| Leadership | The founding structure | Mike Kortas moved into the Executive Partner role; Geri Farr appointed CEO |
Dates, program details, and compensation structures are set by NEXA Mortgage, LLC, are subject to qualification, and may change. Coaching, compensation, and program terms should be verified directly before making a decision.
The company you left no longer exists
Three moments define the platform that exists today.
NEXA founded
Built on scale from day one. Profitable every year since.
The comp model changed
NEXA Unlimited launched — 100% of the revenue across nine providers, no recruiting required. Free coaching. The old 220–275 bps model was retired.
The platform today
321 lenders, 7,000+ products, servicing income, revenue share three levels deep, and a 600+ graduate training program.
NEXA founded
Built on scale from day one. Profitable every year since.
The comp model changed
NEXA Unlimited launched — 100% of the revenue across nine providers, no recruiting required. Free coaching. The old 220–275 bps model was retired.
The platform today
321 lenders, 7,000+ products, servicing income, revenue share three levels deep, and a 600+ graduate training program.
Why it was able to change
The reason NEXA can pay 100% of the revenue today when it could not a few years ago is not generosity. It is scale.
The company does not make its money on the individual loan. It earns on aggregate volume across 4,000+ loan officers, its technology platform, servicing income, events and ventures, and revenue share retention — and the founder owns and leads a portfolio of businesses around the mortgage transaction. It has been profitable every year since 2017. That model took years to build, which is exactly why it did not exist when you were here.
The things that did not change
Worth saying, because some of what you left is still here and still the point.
Independence
You still run your own business. Your clients, your relationships, your brand. You are not an employee waiting on leads.
No quotas
No production minimums, no pressure to push products that don't fit the borrower, no sales-floor culture.
Flat organization
Direct access to leadership. No layers between a producer and the people who make decisions.
Questions about coming back
Would I have to start over?+
You would re-onboard, but you would not be starting from zero. You already know the platform, the systems, and how the company works. That is part of why returning producers tend to ramp faster than new ones.
What happens with my licensing?+
You would transfer your license back to NEXA as you would with any move. Talk to us about your current state registrations and we will walk through the sequence so there is no gap in your ability to originate.
Do I need to bring anyone with me?+
No. NEXA Unlimited pays 100% of the revenue with no recruit requirement of any kind. Revenue share is optional upside if you choose to build a downline — never a condition of your own compensation.
What if I am somewhere else right now?+
Then you have a fair comparison to make, and you are better positioned than most to make it. Bring your current numbers and we will put them side by side. If your current platform is genuinely better for you, we will tell you.
Is my old downline still there?+
This is a specific question with a specific answer, and we would rather discuss your situation directly than generalize. Bring it up on the call.
Is this confidential?+
Yes. Thirty minutes, no pressure, and your current employer is never contacted.
It's time to come home
You did not leave the company that exists today. The compensation is different, the coaching is included, the lender list is four times deeper, and the ecosystem around the platform is not something you could have had then.
Bring the volume you are doing now and what you are keeping from it. We will show you what the same production looks like here — and you can decide with nothing at stake either way.
Thirty minutes. Confidential. No pressure. Your current employer is never contacted.
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.
This page is for the recruitment of licensed mortgage professionals and is not an advertisement for consumer credit. Compensation figures, program details, and provider lists are illustrative, subject to qualification, and subject to change — verify all current terms directly with NEXA Mortgage, LLC. Returning producers must satisfy all licensing, transfer, and program requirements, and should review any agreements with their current employer before making a move. Bill Burg, NMLS# 1647508. AZMB#0944059 | NEXA Mortgage, LLC. NMLS ID #1660690. Equal Housing Opportunity.