This is a balanced comparison of NEXA Lending and Loan Factory for an experienced loan officer weighing independent broker platforms. It is not a "NEXA wins everything" page. Both companies are reputable independent mortgage brokerages, and the right choice depends on your compensation priorities, lender access, products, support, and autonomy preferences.
Comparison facts last verified: September 5, 2026. Both companies change programs and terms. Verify all figures directly with each company before deciding.
Both NEXA and Loan Factory are established independent mortgage brokerages (often called "aggregators" or "super-brokers") offering loan officers broad lender access and high compensation in exchange for self-generated business. The table frames what an LO should verify with each company rather than asserting unverified specifics.
| Dimension | NEXA Lending | Loan Factory | What to verify |
|---|---|---|---|
| Company model | Independent mortgage brokerage / platform | Independent mortgage brokerage / platform | Both independent broker channels, not retail |
| Lender access | Broad wholesale panel; confirm current count | Broad wholesale panel; confirm current count | Compare lender lists for products you originate |
| Compensation | Current program: NEXA Unlimited (Sept 2026) | High-split/bps model; confirm current terms | Compare gross revenue vs. fees/overhead |
| Technology | CRM, LOS, pricing engine (see /technology) | Proprietary LOS/pricing tools; confirm | Assess each platform's actual daily toolset |
| Leads | Not provided; self-generated | Not provided; self-generated | Neither provides leads as a standard entitlement |
| Employment | Typically 1099; confirm | Typically 1099; confirm | Confirm W-2 vs. 1099 for your role |
What this comparison intentionally does: Because both platforms change their programs, lender panels, and fees regularly, this page does not assert specific unverifiable numbers as fact. Instead, it gives you the objective dimensions to compare and tells you what to verify directly with each company. This is more useful — and more accurate — than a page that guesses at out-of-date specifics.
Sourcing note: This comparison relies on publicly available information about both companies' general positioning, plus each company's current program details as of September 5, 2026. Independent broker platform reviews and mortgage trade reporting can provide further context. Verify any terms directly with both NEXA and Loan Factory before deciding.
Review your current platform and the independent options side by side with Matt Dean in a confidential conversation.