NEXA Lending: What the 275 BPS Broker Cap Means for Your Income

The 275 BPS Cap: What It Actually Means for Loan Officers

Federal regulation limits broker compensation to 275 basis points on any single loan. That number gets cited frequently in conversations about NEXA Mortgage and the broker channel — but it is often misapplied. The 275 BPS cap governs what the lender pays the broker. It does not cap what you, as the originating loan officer, can earn on a transaction structured through the NEXA Lending platform.

How Broker Channel Compensation Flows at NEXA

On a $400,000 loan at 275 basis points, the gross broker compensation is $11,000. At a retail shop on a 75/25 split, the loan officer sees $8,250 of that — the remaining $2,750 flows to the company. On the NEXA Mortgage platform at 100% commission, the same origination generates the full $11,000 to the LO, minus a nominal flat processing fee that does not scale with loan size. The difference compounds across every file you close.

Non-Delegated Correspondent Adds Another Layer

NEXA Lending also operates a non-delegated correspondent channel alongside the broker model. This structure allows loan officers to access back-end margin that does not exist on the retail or pure-broker side. When a loan is priced with room for both front-end origination and back-end yield, the non-delegated correspondent model captures both — and on the NEXA platform, that additional margin flows to the originator, not to a corporate P&L.

What Top Producers Have Already Figured Out

Experienced loan officers who have run the math on NEXA Mortgage do not debate the outcome — they debate the timing. The question is not whether the broker model pays more. The question is how long you are willing to subsidize a retail employer with the gap between what you earn and what you could earn. At $5 million in annual production, that gap is roughly $25,000–$40,000 per year. At $20 million, it exceeds $100,000.

Run Your Numbers at NEXA Lending

Learn more and take the next step at nexamortgage.net/why_nexa_mortgage — see exactly why top-producing loan officers are making the move to NEXA.