NEXA Lending Celebrates 3,700 Loan Officers Milestone
NEXA Lending has crossed 3,700 mortgage loan originators — a milestone that cements its position as one of the fastest-growing broker-owned platforms in the United States.
NEXA Lending has officially crossed 3,700 mortgage loan originators (MLOs), a milestone shared publicly by the company's leadership on LinkedIn. The announcement — "Celebrating a milestone: 3,700 MLOs! One vision, one mission, one movement." — underscores the pace at which NEXA continues to scale its broker-owned platform.
Why this milestone matters
Reaching 3,700 loan officers places NEXA among the largest mortgage brokerages in the United States by originator headcount. The company was co-founded by Mike Kortas and Mat Grella in 2017 (originally as NEXA Mortgage) and has grown almost entirely through its loan-officer-first model: the NEXA100 compensation plan, access to 260+ wholesale lenders, and licensing in 47 states.
What's driving the growth
- NEXA100 split — loan officers keep up to 275 bps per loan, one of the most aggressive splits in the industry.
- Lender access — 260+ wholesale lender relationships give LOs pricing and program flexibility banks and retail shops can't match.
- W-2 or 1099 flexibility — LOs choose the employment structure that fits their business.
- Nationwide licensing — 47 states means originators can follow clients and referral partners across the country.
The bigger picture
The 3,700 milestone is a leading indicator of two industry shifts: (1) experienced originators are continuing to move from retail banks and IMBs to broker-owned shops for higher compensation, and (2) platforms that pair aggressive splits with real technology and lender access are compounding faster than legacy models.
For loan officers evaluating a move, NEXA's headcount growth is one of the most concrete signals available — LOs vote with their licenses.
Source
Original announcement: LinkedIn post — Celebrating a milestone: 3,700 MLOs.