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Mortgage Loan Officer

NEXA Mortgage

Mortgage Loan Officer

Philadelphia, PA +20 locations
Full Time
Paid
  • Responsibilities

    Job Description

    REQUIREMENTS:

    MUST BE REGISTERED WITH NMLS WITH AT LEAST 1 STATE LICENSE. 2-3+ YEARS OF EXPERIENCE PREFERRED. THIS IS A REMOTE POSITION. THE COMPENSATION IS 100% COMMISSION WITH UNLIMITED EARNING POTENTIAL. WE OFFER W-2 OR 1099 EMPLOYMENT OPTIONS AS DICTATED BY STATE REGULATIONS. PRODUCTION EXPECTATIONS ARE TWO (2) LOANS MONTHLY, MINIMUM.

    ABOUT NEXA

    Founded in 2017, we have a proven track record of success and stability and we are positioned for growth and expansion during any shifts in the market. At NEXA, we pay extremely high commission splits to our quality, self-sustaining and self-generating Mortgage Loan Originators. We are the #1 Mortgage Broker operation in the country, providing you with a wide network of support and opportunities that provides you with great mobility for your career.

    WHY JOIN NEXA

    • We help increase and maximize your production, earnings, autonomy, and sustainability
    • We pay high commission splits with no padding on wholesale rates and discounted pricing from our top lenders
    • We originate across 48 states plus DC, Puerto Rico and parts of Mexico. (-NY,-MA)
    • We receive the best wholesale pricing with over 170 lenders
    • We serve both Commercial and Residential clients
    • Win any deal and any client with a wide variety of product options and solutions
    • NEXA Mortgage is immediately offering 220bps - 275bps through Branch Ownership Contracts with unlimited earning and retirement income potential.
    • Optional ability to build teams and receive long term passive income
    • No origination or lender fees to our clients
    • Fast turn times, our average file is clear to close in 15 calendar days or less
    • Inside Zoom support team to get your questions answered immediately
    • Weekly webinars on various sales and training topics for support
    • 1099, 401K, Medical, Weekly Direct Deposit

    WHO WORKS WELL IN THIS MODEL:

    • MLO's who have a positive mind set, disciplined attitude, go-getter personality and are open and willing to learn our NEXA strategies to dominate in the mortgage industry
    • MLOs who are looking for a broker model that provides them with more support in terms of training, mentorship, resources, troubleshooting, and an overall helpful and exciting culture
    • MLO’s switching from retail who no longer enjoy losing deals to brokers due to substantially better pricing, more product options, and overall more flexibility
    • MLO’s switching from retail who are interested in receiving industry-leading, competitive, and tiered compensation opportunities
    • MLOs who are looking to grow their referral business by providing the best customer service with 2 weeks or less to close a loan, direct access to their underwriting team, and industry-leading technology that keeps them and their realtor informed of what is going on with their loan

    ADDITIONAL VALUE ADDS:

    • Same day full mortgage approval with all conditions provided
    • Industry-leading technology to make loan origination faster, easier, and cheaper
    • Processing technology that allows you or your processor to close loans more quickly and efficiently
    • Mobile app that allows you to view your pipeline, lock a loan, view underwriting conditions, and reach underwriter
    • Direct access and communication to underwriters on files that are in process
    • Marketing platform that provides a full client experience and automated calendar posts for any mortgage industry-related campaign
    • Brand building platform that provides completely customizable social media and website posts completely integrated with brand, colors, and formats
    • The ability to completely customize a loan with exact rate and exact term
    • The ability to run DU and LP at the same time to pick the loan that works best for you (which allows you to have more appraisal waivers more often!)
    • The ability to earn and use partner points to build your business (such as providing closing gifts to your clients, lunches with potential realtor partners, free training courses, and so much more!)
    • Access to mentors and industry experts to coach you up on your business
    • Free intensive training program at any level of experience in the industry

    NEXA'S 8 REASONS TO JOIN

    1. NEXA IS THE LOWEST RATE LENDER:
    • We offer the best rates in the market
    • We want you to be confident that you're the Low rate leader
    1. NEXA PRODUCTS: DOUBLE YOUR PIPELINE BECAUSE OF OUR VAST ARRAY OF PRODUCTS. WE ARE THE NEW LOW-RATE MARKET LEADER. THESE ARE A FEW OF OUR QUALIFIED PRODUCTS:
    • FHA and VA down to a 500 score
    • Construction “One Time Close”
    • NEXA dpa – Multiple down payment assistance programs to choose from
    • DrNEXA – Doctor program
    • Bank Statement Programs (for self-employed)
    • NO DOC Programs (for investors)
    • Hard Money & Fix and Flip Programs
    • Commercial
    • Reverse Mortgages
    • ITIN
    • HELOC
    1. NEXA SUPPORT: SOMEONE IS ALWAYS READY FOR A LIVE SUPPORT SESSION - THERE'S NO LEAVING MESSAGES WITH NEXA - ALL LIVE ZOOM VIDEO!
    • Marketing Support
    • Systems Support
    • Lender/Scenario Support
    • Human Resources Support
    • Payroll/Accounting Support
    • On-boarding Support
    1. NEXA PROCESSING: WE MADE PROCESSING AND SUPPORT SUPER EFFICIENT AND EFFECTIVE SO YOU CAN FOCUS ON BRINGING IN NEW BUSINESS.
    • True A-Z processing (submit a purchase contract and processing handles the rest!)
    • You no longer have to chase down your conditions. Working 7 days a week AND evenings.
    • Processors are COMMISSIONED ONLY and based on speed (they are motivated).
    • You may use your own as Processors as well.
    • Fully automated processing systems that dramatically speed up the process
    • Processor is ready to be the main point of contact for everyone, contract to close!
    1. NEXA MARKETING & TECHNOLOGY: Our full-time marketing team is always ready to assist you with your video and online marketing needs. We have all the materials you will need to run a successful business.

    2. NEXA BENEFITS: IN APPLICABLE STATES, WE OFFER A ROBUST BENEFITS PACKAGE INCLUDING A PRE-TAX EXPENSE ACCOUNT. Medical (multiple plans to choose from), Dental, Vision, Life Insurance, 401k, Legal Services, Retirement Plan

    3. NEXA LOAN OFFICER COMPENSATION: We start at 220bps and pay 275bps for production over $3M per month.

    4. NEXA ADDITIONAL COMPENSATION: Earn additional passive and retirement compensation only offered at NEXA.

     

    Company Description

    About NEXA Founded in 2017, we have a proven track record of success and stability and we are positioned for growth and expansion during any shifts in the market. At NEXA, we pay extremely high commission splits to our quality, self-sustaining and self-generating Mortgage Loan Originators. We are the #1 Mortgage Broker operation in the country, providing you with a wide network of support and opportunities that provides you with great mobility for your career.

  • Locations
    Phoenix, AZ • Los Angeles, CA • Beverly Hills, CA • San Diego, CA • San Francisco, CA • Sacramento, CA • Washington, DC • Orlando, FL • Chicago, IL • Baltimore, MD • Detroit, MI • Minneapolis, MN • Kansas City, MO • Charlotte, NC • Portland, OR • Philadelphia, PA • Pittsburgh, PA • Nashville, TN • Dallas, TX • Houston, TX • Seattle, WA