

Top 5%
Michael McDermott
Mortgage Loan Originator | NMLS 184065


Arizona State University
Michael McDermott is a Phoenix mortgage broker with The McDermott Team at NEXA Lending. One application and one credit report, and he shops the file across 300+ lenders while staying the lender.
He works purchase, refinance, HELOC, cash-ou... Show More
Location & Business Hours
Business Hours
Fri
8 AM to 6 PM
Sat
9 AM to 5 PM
Sun
11 AM to 5 PM
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Reviews from Web
All of the BAY family really exceeded my expectations. Nothing but PRO'S at Bay Equity!Thanks for getting my daughter and I into our 1st AZ home.Highly recommended and will do business again!
Was amazing with our buyer George! New just what program to get him in to help him get a home. Was patient with our search and contract and professional to the very end!
Reply from The McDermott Team
March 7th, 2026 06:24 AM
We're thrilled to hear your positive feedback, Billy. Our team at Bay Equity Home Loans always aims to provide top-notch service and it's great to know that we hit the mark with your buyer, George. We appreciate your patience during the process...
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The communication from you was top notch. You were ahead of the game every step of the way and made this one of the smoothest transactions I have been involved in. I would definitely recommend Michael and his team for all your mortgage loan...
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Reply from The McDermott Team
March 7th, 2026 06:24 AM
Thank you for the kind feedback, Stephanie! Our team strives to keep our communication lines open and transparent, and we're happy to know we hit the mark for you. Knowing that this was one of the smoothest transactions you've been part of...
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I never felt pressured and Mike always responded in a timely manner.
Reply from The McDermott Team
March 7th, 2026 06:24 AM
We're thrilled to hear about your positive experience with us, Stephanie! Your feedback is incredibly valuable, especially noting Mike's prompt responses and the comfortable, pressure-free environment we strive to maintain. Thank you for choosing...
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It was awesome and easy working with them.
Reply from The McDermott Team
March 7th, 2026 06:24 AM
Thank you, Bulmaro. Your feedback is greatly appreciated and it's wonderful to know that our hard work was reflected in your dealings with us. We aim to make all our transactions as awesome and easy as yours. Thank you for choosing Bay Equity...
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As a first time homebuyer I was unsure and nervous about the process of buying my first home. But Michael McDermott and his team were completely understanding, kept multiple ways of communicating open, answered any question I had, and made...
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Everyone involved. Best real estate team ever.
Reply from The McDermott Team
March 7th, 2026 06:24 AM
We're thrilled to hear such positive feedback, Jason! We strive to create the best experience for our clients at Bay Equity Home Loans and we're pleased to learn that we met your expectations. We believe in the power of teamwork and are glad...
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You always pull the rabbit out of the hat
Reply from The McDermott Team
March 7th, 2026 06:24 AM
We greatly appreciate your stellar rating and positive feedback, William. Hearing that we managed to "pull the rabbit out of the hat" for you is a testament to the commitment we have at The McDermott Team to provide exceptional service. We...
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I can’t say enough about Michael and his team at Bay Equity! They came highly recommended by our realtor and we highly recommend them if you are looking to buy! Michael made everything happen smoothly and was great at explaining everything...
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I can’t say enough about Michael and his team at Bay Equity! They came highly recommended by our realtor and we highly recommend them if you are looking to buy! Michael made everything happen smoothly and was great at explaining everything...
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About
Michael McDermott is a Phoenix mortgage broker with The McDermott Team at NEXA Lending. One application and one credit report, and he shops the file across 300+ lenders while staying the lender.
He works purchase, refinance, HELOC, cash-out, DSCR, and renovation files for homeowners and Realtors. Licensed in Arizona, California, Colorado, Idaho, Illinois, Kansas, Michigan, Missouri, Montana, and Texas. NMLS 184065. Originating since 2002.
Products & Services
Mortgage Broker
FHA Home Loan
Jumbo Home Loan
Conventional Home Loan
Home Renovation Loan
Construction Loan
Home Equity Loan
Down Payment Assistance
Mortgage Refinance
Home Purchasing Assistance
Specialities
First-Time Homebuyers
VA, FHA, USDA Loans
Conventional & Jumbo
Purchase & Refinance
Renovation & Construction
Responsive Communication
Realtor Partnerships
Complex Loan Scenarios
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Education
- Arizona State UniversityBiology/Biological SciencesAug 2001 -Dec 2013

Positions
- Nexa Lending - The McDermott Team - Mortgage Loan OriginatorMar 2nd, 2026 - Current
Memberships
- National Association of Mortgage Brokers (NAMB)
- Arizona Mortgage Lenders Association
- Certified Mortgage Planning Specialist (CMPS)
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Addresses and Serving Areas
Primary Serving Area
Other Serving Areas
Year Started
2002
Time Zone
Mountain Standard Time (MST)
Licenses
- NMLS # 184065
Gallery




Awards
MPA Young Gun
Top 1% Loan Origin...
Achievements
- Top 1% Originator for 10+ Years
- 2015 Mortgage Professional America Young Guns Award
Hobbies
- Hiking Arizona Trails
- Hiking Rocky Mountain 14ers
- Fitness & Outdoor Adventures
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Disclaimer
Compliance & Licensing Information:
Equal Housing Lender | NMLS ID #1660690
NEXA Mortgage, LLC | AZMB #0944059
Corporate Office: 5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212
For Advertisement Purposes Only. This is not a commitment to lend.
Legal Disclosures, Licensing & Website Disclaimer: https://nexamortgage.com/disclaimer/
Privacy policy: https://nexamortgage.com/privacy-policy/
For licensing information, go to http://nmlsconsumeraccess.org/