NEXA Lending Hired Veteran Andrew Deyo

The veteran and former Rate manager has joined the Colorado Springs branch of the lending firm.

Updated on Oct. 5, 2026 in Military Jobs

Bold flat-color editorial illustration showing a series of interconnected geometric building volumes, representing institutional business growth. — NEXA Lending has appointed Andrew Deyo, a 13-year U.S. Army veteran and former branch manager at Rate, to lead its Colorado Springs office. AI Illustration. Upload story photo >

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NEXA Lending has announced the hiring of Andrew Deyo, a veteran who served in the U.S. Army for 13 years. Deyo is based in Colorado Springs and joins the firm after previously working as a branch manager at Rate.

Why it matters

Deyo selected NEXA Lending due to its specific business development marketing program and the company's long-term growth trajectory. He noted that the firm's financial model and infrastructure were key factors in his final decision.

Deyo originated $46 million in mortgage volume across 107 units year to date. He brings over a decade of leadership experience from his 13 years of service in the U.S. Army.

The players

Andrew Deyo

He is a former U.S. Army veteran and mortgage branch manager who recently joined NEXA Lending in Colorado Springs.

NEXA Lending

This is a mortgage lending organization that provides various platforms and marketing programs for mortgage professionals.

Rate

This is a mortgage company where Deyo previously served as a producing partnership branch manager.

Krystal Stearns

She is a current employee at NEXA Lending who works alongside the firm's incoming staff.

The details

Andrew Deyo evaluated multiple mortgage platforms before choosing NEXA Lending to support his ongoing business. His move was finalized after a comprehensive review of the company's economic model and internal support infrastructure.

October 5, 2026: NEXA Lending announced the hiring of Andrew Deyo.

Market Landscape

This move reflects the competitive recruitment landscape within the mortgage industry, where firms are increasingly vying for high-volume producers to expand their regional footprints. It highlights a shift where top talent prioritizes firms offering robust business development marketing over legacy organizational structures.

Local mortgage applicants in Colorado Springs may now access different loan platforms and marketing resources through NEXA Lending. This change in leadership at the branch level could lead to shifts in the types of financing programs available to regional borrowers.

The takeaway

Top-tier mortgage producers are increasingly scrutinizing the underlying infrastructure and marketing capabilities of prospective firms before moving. Veterans looking to transition into the private sector can leverage leadership experience to secure roles at firms that prioritize long-term growth.