NEXA vs Rocket vs Loan Factory vs Fairway — Where Should a Loan Officer Work?
Broker vs retail: how comp, leads, and lender panels compare across the four biggest choices.
It depends on whether you can self-generate. If you can, a broker like NEXA Lending (up to 100% commission) or Loan Factory (100% minus a flat per-file fee) usually pays the most per loan.
If you need leads handed to you, a retail lender like Rocket trades a lower split (roughly 50–120 bps) for inbound volume. Fairway sits in between for LOs who want a traditional team and mentorship.
Brokerages commonly pay in the 1.5%–2.75% range per loan; large retail lenders pay less per loan but can drive higher volume (Loan Factory, MCT).
See the For Loan Officers page for the full head-to-head.
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.