NEXA Lending acquires UMortgage in a broker channel shake-up
UMortgage’s team of 246 loan officers originated approximately $2.05 billion over the past 12 months. The addition brings NEXA’s combined loan officer count to more than 4,000 and pushes its annual origination volume to approximately $14.15 billion.
In 2025 alone, UMortgage funded $2.57 billion across 6,678 loans, according to previously reported company figures.
A model other broker owners are watching
NEXA is framing the transaction as a template — one explicitly aimed at other mid-sized independent mortgage companies struggling to sustain the overhead of compliance, licensing, and technology development in a competitive rate environment. T
NEXA’s offer to incoming partners includes access to its lender network, a compensation program that allows qualifying originators to receive splits of up to 100%, and an artificial intelligence platform launched in January 2026 for loan origination, marketing, and client engagement.
UMortgage founder and CEO Anthony Casa, who will join NEXA as an executive partner, described the decision as a recognition of scale economics over independent ambition. “When I looked at the technology, lender relationships, infrastructure, economics, and scale NEXA has built, I had to ask myself, how am I supposed to compete with this?” he said.
