What does nexa mortgage operate on?

Hallo…,

I just got recruited by a company called Nexa Mortgage, but I’ve got no experience in the mortgage industry. I’m thinking about giving it a shot as a career, but I’m not totally sure. Their commission structure is kind of confusing, and I’m wondering if anyone here has worked with them or knows if Nexa is legit or something I should be cautious about?

Best wishes…

As a mortgage broker, NEXA Mortgage helps clients find home loans and refinance choices by putting them in touch with lenders.

.These are the most prevalent kind of mortgage, supported by Freddie Mac and Fannie Mae, two government-sponsored companies. :unamused:

Compared to traditional loans, these government-insured mortgages have a smaller down payment requirement. :unamused: The U.S. Department of Agriculture provides these loans for rural housing.

Jumbo mortgages are loans that are larger than the conforming loan limit that Freddie Mac and Fannie Mae have established. VA loans are mortgages that qualified veterans and active military personnel can obtain.

This entails refinancing your current mortgage in order to get a shorter loan term or a lower interest rate. Refinancing your current mortgage to get funds for other uses, such debt consolidation or home renovations, is known as cash-out refinancing.