Mortgage Branch Opportunity Careers At NEXA Lending

By becoming a member of NEXA Lending, you are joining a fast-growing network licensed in 48 states (MA and NY Pending), Puerto Rico, Washington D.C., and the U.S. Virgin Islands.

Mortgage Branch Opportunity Careers at NEXA Lending

Find Freedom, Growth, and Independence in the Mortgage Business; The mortgage industry is changing fast. Gustan Cho Associates, together with NEXA Lending, offers professionals a way to run their own business through the Mortgage Branch Opportunity Program.

With NEXA’s Mortgage Branch Opportunity Program, you can open your own branch, get support, obtain licenses nationwide, and build your own team.

NEXA Lending is one of the fastest-growing mortgage lenders, licensed in 48 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. This reach allows loan officers, branch managers, and independent brokers to serve clients across the country. While some mortgage companies are shrinking, Gustan Cho Associates and NEXA Lending continue to grow by opening new branches and hiring experienced managers.

What Makes NEXA Lending Different Than Other lenders

There are three distinct benefits that NEXA Lending differs From the competition:

1. Rates:  At NEXA Lending, we strive to help consumers not just getting them qualified, approved, and closed BUT our goal and mission is to offer the best rate and term.
2. States:  NEXA Lending is licensed in 48 states (MA and NY Pending) including Washington, DC, Puerto Rico, and The U.S. Virgin Islands.
3. Mortgage Loan Options(Products): At NEXA Lending, we have the products.
   1. We have a national wholesale lending partnership network of 280 wholesale lenders that are the best of the best in business financing, commercial loans, and residential mortgage loans.
   2. Any type of loan that is in the marketplace, you can be rest assured NEXA Lending has the product and if we don’t, we can partner up with the new investors no later than 72 hours.

Why NEXA Lending Has The Most Competitive Rates Than Other Lenders

First to answer this important question is to understand the difference between a mortgage broker versus a direct lender.  There is no such thing as free in the mortgage business. Mortgage companies charge every dime, nickel, and penny on everything from credit reporting fees, to lock extensions, to rush appraisals. Therefore, when it comes to compensation of the mortgage company, the higher the commission of the mortgage company, guess who pays for it? You, the consumer. The higher the commission, the higher the mortgage rate to you.

Mortgage brokers are capped at 2.75% yield-spread premium of the loan amount whereas mortgage bankers (direct lenders) have no maximum commission they can charge a consumer.

NEXA Lending operates on the mortgage broker compensation model, which means the maximum yield-spread premium (YSP) or commission the entire company can make is not greater than 2.75%. This means the maximum compensation of NEXA Lending is 2.75%. Mortgage lenders cannot survive on a 2.75% yield-spread premium due to their overhead. Most lenders need to charge 5% to 9% to be able to operate. This generally means that mortgage rates at NEXA Lending being on a broker compensation platform is lower than any direct lender. Mortgage brokers need to disclose the yield spread premium on the Closing Disclosure. Direct lenders are exempt from disclosing their compensation. Therefore, the bottom line is most direct lenders/mortgage bankers cannot beat rates of a NEXA Lending loan officer.

Independent P&L Branch Sponsorship Model

This model works best for:

• Experienced loan officers who want to become branch managers.
• Mortgage teams seeking greater freedom and higher income.
• Regional or area managers seeking multi-branch expansion.
• Independent mortgage brokers with national licenses who want to stay in control while growing their business.

Benefits of NEXA Mortgage Branch Opportunity Partnership

Control and Flexibility

• As a branch operator, you make key decisions for your local business, while NEXA Lending handles operations and compliance.
• You stay in charge of marketing, partnerships, and hiring.

Cross-State Licensing

• With NEXA Lending’s many licenses, including Puerto Rico and the U.S. Virgin Islands, your branch can serve clients in nearly every part of the country.
• You also get up-to-date digital tools, full training, customer management systems, marketing support, and resources to help you grow your business.

Positive Pay and Transparency

• You get a clear and straightforward pay system that lets you decide your earnings.
• With competitive pay and real-time income tracking, you always know what you make.

Mortgage Branch Opportunity: Who We Want

Be Part of the Growing Network of Independent Mortgage Branch Opportunity

NEXA Mortgage Branch Opportunity Frequently Asked Questions

What is a P&L Branch in Mortgage Lending?

• A P&L branch allows mortgage professionals to run their own business under a licensed lender.
• Branch operators manage costs, profits, and hiring, while following the parent company’s rules, processing, and licenses.

What Support Does Gustan Cho Associates Provide to Branch Partners?

• Gustan Cho Associates offers complete support for loan processing, compliance, marketing, technology, and guidance from experienced professionals.

Is NEXA Lending Licensed in All States?

• NEXA Lending holdNEXA Lending is licensed in 48 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands.
• This broad coverage enables branches to help borrowers across the country.

Opportunities Operating As a Branch of NEXA Lending

• The best compensation plan in the Industry.
• Able to operate P and L branch under a DBA of NEXA Lending.
• Reputation of transparency, honesty, integrity, with little to no supervision.
• If you have a strong track record, proven leadership skills, and a current license, we encourage you to apply.
• Branch managers, independent brokers, and loan officers are all welcome.

Learning More and Applying

We want you to ask as many questions as possible and speak to any support, operations, or licensed personnel at NEXA Lending and share their experience at NEXA Lending compared to other mortgage companies.