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Part 2: Understanding NEXA Mortgage's Compensation and Growth Strategy

Outline

Introduction to NEXA Mortgage's Compensation Plan

00:00:00

NEXA 100 Program and Key Lenders

00:00:23

Growth Strategy and Partner Benefits

00:01:54

Compensation Plans and Partner Levels

00:04:48

Everyday Payday Policy

00:07:01

Team Dynamics and Volume Strategy

00:10:02

Section: Compensation Plans and Partner Levels

Start: 4 minutes and 48 seconds | End: 7 minutes and 1 second

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Compensation Plans and Partner Levels

NEXA Mortgage has developed a dynamic compensation plan that has evolved over the past seven years, with eleven changes to date. These changes have consistently aimed to enhance benefits rather than reduce them, unlike many other mortgage companies that often lower commissions and increase margins.

The core of NEXA's strategy is to offer a residual income model, where loan officers are rewarded for bringing new recruits into the company. By introducing just one person to NEXA, you can become a Growth Partner, earning 100% on NEXA 100 loans. This opportunity is available for free for the first ninety days, providing a risk-free chance to experience the benefits.

The partnership levels are structured to encourage growth and collaboration. As you bring more people into the fold, you can advance through various partner levels, each offering increased benefits. The ultimate goal is to reach the Executive Partner level, which provides the most substantial rewards.

"11 compensation changes for the better!"

The compensation plan is designed to be sustainable and profitable, with thorough validation from CFOs and legal experts. The focus on volume ensures that the model remains viable, with plans for a twelfth compensation change already in the works.

Compensation Plans and Partner Levels