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Tagged: AXEN Mortgage, Michael Neill, NEXA Mortgage
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AXEN MORTGAGE vs NEXA MORTGAGE
Posted by Lisa Marie on December 16, 2023 at 3:39 pmWhat is the difference between AXEN Mortgage and NEXA MORTGAGE?
Jeannie replied 1 month, 3 weeks ago 6 Members · 6 Replies -
6 Replies
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AXEN is a DBA of NEXA and is a non delegated lender…NEXA is a pure broker… <div><div>
We have a Why AXEN call with Michael Neill that goes over the differences.
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AXEN Mortgage is the sister company of NEXA Mortgage and is the correspondent lending division of NEXA. AXEN Mortgage is the mini-correspondent arm of NEXA Mortgage and is headed by Michael Neill. Phenomal platform, total transparency, and Mr. Mike Neill is hands down one of the best leaders I have worked with in the mortgage industry. AXEN Mortgage is great. We get to do both NEXA and AXEN. With AXEN, we have a lot of flexibility. John, what are the requirements to become AXEN Mortgage? Is there a production minimum or volume history?
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There is minimum volume requirement, there are Zoom meeting to attend to make sure you understand the differences and to set you up for success if you use AXEN and NEXA to close more loans.
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Michael Neill is a great mentor and is always there for not just loan officers but real estate agents as well to answer questions about getting your mortgage loan origination career opportunities off the ground.
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Michael Neill is the director of AXEN MORTGAGE the non-delegated correspondence division of NEXA Mortgage LLC
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CEO Mike Kortas explains clarification
https://www.housingwire.com/articles/nar-mba-ask-for-clarification-on-underwriting-rules/
housingwire.com
NAR, MBA ask for clarification on underwriting rules - HousingWire
The trade groups asked federal housing officials to continue to exclude seller or listing agent payments of buyer agent fees from IPC caps.