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
We were in a hurry to buy a new home as first time homeowners and Michael and his team made the process painless and easy. Michael was quick to answer any questions we had and never made us feel like we were alone in the process. We were able...
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Michael was very thorough and communicated every step of the way. Loan was approved and was an easy process there after. He made it possible to own my first home in AZ. They will work with you in any way.
Michael was very thorough and communicated every step of the way. Loan was approved and was an easy process there after. He made it possible to own my first home in AZ. They will work with you in any way.
We were in a hurry to buy a new home as first time homeowners and Michael and his team made the process painless and easy. Michael was quick to answer any questions we had and never made us feel like we were alone in the process. We were able...
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Michael and the Bay Equity team were so easy to work with throughout the e home buying process. As a first time buyer, I was treading on very unfamiliar territory. Each step of the way, I would ask questions that I was sure were common questions,...
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Michael's team was awesome they were very patient with us they were always and making sure that we got all the correct information in it really helped things go very smooth. I appreciate the time they spent with us keeping on top of my husband...
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Michael's team was awesome they were very patient with us they were always and making sure that we got all the correct information in it really helped things go very smooth. I appreciate the time they spent with us keeping on top of my husband...
read more
Excellent lender to get you the best deal and into your new home! Great communication, insight, and customer service.
Reply from The McDermott Team
June 29th, 2024 07:29 PM
We're thrilled to hear you had a fantastic experience with us, Billy! Our team is dedicated to providing top-notch communication and insight, so it's fantastic to know that we were able to help you. Your 5-star review is greatly appreciated....
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Excellent lender to get you the best deal and into your new home! Great communication, insight, and customer service.
Reply from The McDermott Team
March 7th, 2026 06:24 AM
We're thrilled to hear that you had such a positive experience with The McDermott Team, Billy! Many thanks for your trust in Bay Equity Home Loans and for taking the time to leave this outstanding review. We hope to assist you again in the...
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Excellent follow up and on top of updates and every step of the loan process.
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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/