Key facts
- NEXA Lending has acquired UMortgage.
- UMortgage founder Anthony Casa joins NEXA as an Executive Partner.
- The acquisition adds over $2 billion in annual mortgage volume to NEXA.
- UMortgage has a team of approximately 275 employees.
- UMortgage has been recognized on the Inc. 5000 for three consecutive years.
NEXA Lending has acquired UMortgage, integrating one of the nation's prominent independent mortgage brokerages into its organization. The deal aligns two leaders around the principle that loan officers are central to the business.
UMortgage founder and CEO Anthony Casa will assume the role of Executive Partner at NEXA. This move will allow Casa to continue leading recruitment and business development efforts, while UMortgage benefits from NEXA's scale, technology, lender relationships, and national infrastructure.
UMortgage generates over $2 billion in annual mortgage volume and comprises a team of approximately 275 individuals. The company has received recognition on the Inc. 5000 list for three consecutive years. This acquisition enables UMortgage to maintain its brand, marketing, and culture, while gaining advantages from NEXA's broader platform.
Under the NEXA umbrella, organizations can retain client relationships, keep 100% of their revenue, share in monthly servicing income, and access NEXA's lender network and AI platform. This structure aims to relieve leaders of operational burdens such as liability, compliance complexity, and administrative tasks, allowing them to focus on core business growth.
NEXA CEO Mike Kortas emphasized that the goal is to support, not diminish, successful leaders. Casa's appointment as Executive Partner, NEXA's highest partnership level, reflects his significant production, organizational influence, and experience. Geri Farr, President of NEXA, highlighted Casa's leadership and shared commitment to improving opportunities for loan officers as key to the organization's growth. Tyler Hodgson, Founder of NXT Mortgage, a UMortgage division, echoed this sentiment, stating that prioritizing the loan officer's success is fundamental to the company's philosophy.