Mortgage Nerds Joins NEXA Lending to Expand Its Mission in Supporting Veterans
NEXA Lending has announced the acquisition of Mortgage Nerds after an 18-month search for a strategic partner. The move is driven by shared goals, particularly around expanding access and education about VA home loans among veterans. Founded by Mike Cox and Brian Hofmann, Mortgage Nerds built its brand on educating and empowering veterans to use their VA benefits effectively. The decision was influenced not only by NEXA's infrastructure but also by CEO Mike Kortas' commitment to the veteran community and his collaboration with Vetted VA. The partnership aims to create a broader platform for scaling this mission, as well as offering new opportunities in servicing and borrower retention that were previously unavailable. NEXA is redefining traditional broker platforms through innovations like evoLend's work on wholesale lending structures. Kortas emphasized the importance of supporting entrepreneurs by removing operational barriers so they can focus on building relationships and growing their businesses.
Tickers: $NEXA
Topics: mortgage partnership VA loans veterans