NEXA Removes Volume and Recruiting Requirements in Comp Changes #14 and #15
Effective September 1, seven lenders now pay 100% of revenue with no volume or recruiting requirement, and the $2M correspondent threshold is gone.
What changed, in one line
Two things changed on September 1: seven lenders now pay you 100% of revenue with no conditions at all, and the $2 million volume threshold on every other correspondent lender is gone.
Book a 1:1 with Renato Rodic →
NEXA Lending announced two changes to loan officer compensation effective September 1, 2026 — the company's fourteenth and fifteenth revisions to its compensation plan.
| NEXA 100 UNLIMITED | NEXA 100 (all other correspondent lenders) | |
|---|---|---|
| Lenders | UWM, PennyMac, evoLend, Deephaven, Finance of America Reverse, Longbridge, eLend | Every other approved correspondent lender |
| You keep | 100% of revenue | 100% of revenue |
| Volume required | None | None (the $2M threshold was removed) |
| Recruiting required | None | One level-one recruit closing one loan per month |
| If you don't qualify | N/A — no conditions | 25 bps + 12% corporate margin |
| Starts | Your first loan | September 1, 2026 |
Comp change #14: every correspondent lender now qualifies
The $2 million volume threshold on the correspondent side has been removed. A loan officer with one recruit in their level-one downline closing one loan per month now qualifies for NEXA 100 economics across every correspondent lender on the approved list.
Brokered loans continue to require $2 million or more in volume. If the recruit requirement is not met, the standard structure applies: 25 bps + 12% corporate margin.
Comp change #15: NEXA 100 UNLIMITED
Seven lenders now carry the NEXA 100 UNLIMITED designation and pay 100% of revenue on every file, with no volume requirement and no recruiting requirement.
The designation is automatic from a loan officer's first day and covers UWM, PennyMac, evoLend, Deephaven, Finance of America Reverse, Longbridge, and eLend.
NEXA has said additional lenders will be added over time.
eLend timing and existing pipelines
eLend joined the UNLIMITED group on September 1. Applications dated September 1 or later are treated as NEXA 100; loans already in the eLend pipeline remain non-delegated. The changes apply to loans funding September 1, 2026 forward. Loan officers with files funding at a NEXA 100 UNLIMITED lender receive the improved economics automatically, without applying or qualifying.
Why it matters
The recruiting requirement has been among the most common criticisms of NEXA's compensation model. Under NEXA 100 UNLIMITED that requirement no longer applies to files placed with the seven designated lenders; it still applies to the broader correspondent lender list under change #14. Compensation terms vary by lender, channel, and file, and NEXA has revised its plan repeatedly — confirm current terms with a sponsoring team before making decisions. See our full NEXA100 breakdown for how the underlying 220 bps cash and ledger structure works.
What this means for you
- Already at NEXA with files at an UNLIMITED lender: you're earning more automatically — nothing to apply for.
- At NEXA with files at other correspondent lenders: the upgrade is available with one producing recruit in your level-one downline.
- Not at NEXA: there is no longer a volume or recruiting requirement to earn 100% on the seven UNLIMITED lenders.
Want to know what this changes for your numbers?
Renato Rodic (NMLS 1615600) will run your last 12 months against the new plan — 15 minutes, no pitch deck.
Book a 1:1 with Renato Rodic →Renato Rodic's breakdown of the September 2026 comp changes — public Facebook post. View on Facebook.
Sources: Renato Rodic, NEXA Lending (NMLS 1615600), September 1, 2026 announcement; Mike Kortas, public Facebook post.