Most respondents expect business to grow next year, with 84.5% forecasting increased activity. Brokers cited stronger referral networks (38.5%), expanded non-QM offerings (30.4%) and improvements in the borrower experience (11.7%) as the primary drivers of growth. Brokers said the biggest challenges in 2025 were external. About 67.8% pointed to broader economic and market conditions, while 43.5% cited rate volatility. Client acquisition challenges were noted by 31.4% of respondents. Internal or operational issues, such as tools or regulatory changes, were cited far less frequently.
At NEO, we've received transparent pricing, comp structures, and loan options. Plus, we have access to corporate resources and technology without giving up independence. It feels like a real partnership. Fillis and Gascho cited four factors in their decision: transparent pricing and compensation; broader loan options including non-QM and specialty products; operational control with strong technology and support; and a partnership model built on shared success.
Non-QM loans empower lenders to accommodate unique financial situations while expanding access to a broader pool of potential clients, many of whom might otherwise have to reconsider homeownership.