Processing Options at NEXA
Processing is a crucial aspect of the mortgage broker sector, and at NEXA, it is handled with flexibility and control. Unlike other mortgage brokers who may charge additional processing fees, NEXA offers a more transparent approach.
Overview of Processing Options
At NEXA, you have the option to self-process your loans, hire a processor for your branch, or utilize third-party processing companies. This flexibility allows you to choose the best method that suits your needs and financial considerations.
Secured Mortgage Processing
NEXA has a unique relationship with Secured Mortgage Processing, a preferred but not mandatory partner. These processors work on a commission-only basis, meaning they are paid only when a file closes. This model ensures that processors are motivated to perform efficiently and effectively.
Importance of Communication
Choosing the right processor is essential, and communication plays a vital role. NEXA encourages interviewing multiple processors to find one that aligns with your communication preferences. Processors are required to use their personal cell phones for communication, ensuring they are accessible and responsive.
Additional Support
Secured Mortgage Processing (SMP) offers comprehensive support by handling all conditions on a file, dealing with disclosures, and managing communication through a built-in texting system. This allows loan officers to focus on their primary responsibilities, such as acquiring new transactions and prequalifying clients.
By providing these options and support, NEXA ensures that processing is streamlined and efficient, allowing loan officers to maximize their productivity and success.