Dually Licensed Agents have better control of their closings and make more money.
Realtors are permitted to simultaneously act as the Mortgage Loan Officer & Real Estate Agent on the same transaction. A license is required for each side of the deal, but the concept is permitted by RESPA. Additionally, since 2022, HUD also permits you to utilize FHA loan options for your clients.
Control
By acting as the Loan Officer, you will have in depth knowledge of the financial side of a home purchase. This includes processing, appraisal status and underwriting conditions. You will know SPECIFICALLY what is needed to close the loan.
Customer Experience
You're not a mortgage expert yet, and that's ok. Partner with a seasoned and experienced MLO as your "assistant" to ensure your loans close timely and without a hitch. Our team will handle everything.
Monetize your mortgage opportunities
Help your current home buyer close their purchase. Offer past clients a refinance or HELOC loans. Create a separate income stream via loan commissions.
Additional Training
If you want to focus more on the mortgage business, NEXA University provides you hands on training to become the expert.
How do I start?
Set up an introductory call and review the program, and licensing requirements
Have you already passed the SAFE Act MLO Exam? The timeline to join is just a day or two.
New to lending? We can help you with the path to licensing. Use our discount code towards your 20 hours of online classes, and free sample test library to help you study.
If you find it overwhelming or prefer to focus more on selling homes, ask about the BDM Program, and join our Business Development Team. By marketing NEXA Lending, you can receive commissions in partnership with your Loan Officer.
Whatever direction you choose is right for your business, you will be joining a team of successful professionals. We provide with tools, training and support you need to take your career to the next level.
Who is this for?
Realtors, Attorneys, Financial Planners, Accountants, or anyone else who has the ability to market mortgage opportunities
What if I'm not currently a Licensed Loan Officer?
No worries! We can help you with training and testing to obtain a license
How much does a license cost?
We will discuss costs, but through our relationships and training program, the cost is minimal (a few hundred dollars) and recouped on your first closing
Can I invite others to join the call too?
Of course! We are confident your friends and associates will also find value in our message.
Join Todd Olson and The Olson Group
The Original O.G. of real estate finance, Todd brings 30+ years of growing teams and creating value. With achievements including Leaders Club for personal mortgage production, but more importantly helping his region grow from $150mm to over $1bil annually. He was also integral in creating many joint venture mortgage companies and achieving profitable growth. Todd also started a mortgage division within a Chicago based bank leading all aspects of his correspondent lending platform, including sales, processing, underwriting, capital markets, and compliance.
With that depth of experience, partnering with the Olson Group and AXEN Realty will help you achieve the results you want.
for information call 630-333-1966
Becoming a Dual Agent provides the highest level of income and best control of your closings
Dual Agency permits you to earn on the property sale and the mortgage loan. Since December of 2022, HUD permitted real estate agents to act as mortgage loan originators.
**Dual Agent not available in Utah or Louisiana
Partner with NEXA Lending to multiply your earnings.