NEXA Commission Split Explained (NEXA100 & 275 bps)
How the NEXA100 plan, the 275 bps per loan, and W-2 vs 1099 pay actually work — and the real monthly cost.
Under NEXA Lending (formerly NEXA Mortgage), the NEXA100 plan lets loan officers keep 100% of their commission split with no per-file or hidden fees (HousingWire, MPA, BusinessWire). Loans can be earned up to 275 bps.
The real cost isn't a hidden split — it's that you run your own P&L: a small monthly tech/software cost, your own marketing, and (for brand-new LOs) a required coaching phase through NEXA University.
You can be paid W-2 or 1099. W-2 gives you tax withholding and benefits access; 1099 gives you maximum flexibility and deduction control. NEXA also allows brokered and correspondent non-delegated loans.
On Renato Rodic's team, onboarding and the marketing stack are covered, so realistic out-of-pocket after the intro waiver is roughly $80–$103/month.
See the For Loan Officers page for the full sourced breakdown.
Talk to a NEXA loan officer
This guide is written by Renato Rodic, a NEXA Lending loan officer. See the contact page to reach him about your specific scenario.