Out With The Old – NMP Skip to main content

Out With The Old

Staff Writer
Aug 24, 2023

NextUs Lending is now rebranded as Brokers Advantage Mortgage

Gone are the days of NextUs Lending. Or, at least, its name. The Irvine, Calif.-based lender rebranded itself Wednesday as Broker Advantage Mortgage.

"We are committed to providing white-glove service to our brokers and wanted to choose a name that emulates that commitment while providing the vision for the new era of our company," a press release said. 

NextUs, which offered non-conforming residential lending programs, will still offer the same services and focus on purchase and refinance transactions. The Non-QM and TPO platform will still remain a DBA of Vista Point Mortgage, which is also based in Irvine.

The release also said that the company's mortgage products include bank statement loans, asset depletion, HELOC, HELoan, DSCR programs and interest-only mortgage options.  

About the author
Staff Writer
Sarah Wolak is a staff writer at NMP.
Published
Aug 24, 2023
More from
Non-QM
Investor Homebuying Slows, Small Buyers Claim Biggest Share In 15 Years

Smaller investors accounted for 66.2% of investor purchases in the first half of 2026 and relied on cash much less often than mega-investors

Oct 22, 2026
For The Love Of Mortgage

Nearly four decades in lending have reinforced a veteran’s conviction: lasting success comes from solving borrower problems, adapting, and earning trust

Oct 21, 2026
The Non-QM Opportunity Beyond The Rate Conversation

For business owners and investors, purchase price, negotiating power, and cash flow can create reasons to buy before rates fall

Oct 21, 2026
Carrington, Newfi Stress Non-QM Staying Power

Both lenders point to financial strength and continued investment in broker partnerships amid rising rates, even while Non-QM production grows

Oct 14, 2026
Non-QM Locks Defy September Slowdown, ARM Share Hits Seven-Year High

Non-QM lock volume rose 8% from August while overall activity declined, and adjustable-rate loans captured their largest share since Optimal Blue’s tracking began in 2019

Oct 13, 2026
Conventional Credit Tightens While Non-QM Gains Ground

Lenders pulled back on cash-out refinance and investor loan offerings in September, even as non-agency programs continued to support the jumbo market, and Non-QM lending gained market share

Oct 09, 2026