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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(Open now)
Sun
11 AM to 5 PM
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Reviews from Web
The team is amazing to work with! We are updated constantly, which to me is very important. They communicate their needs so the transaction was fast and easy on us at all times. Cannot recommend them enough to anyone who needs this service.
I have been trying to refinance my home for a long time and I always had trouble with other banks including my mortgage company. I have had the tremendous pleasure of working with Teresa Vasquez who help make my refinancing process easier....
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Teresa Vasquez from Bay Equity was fabulous to work with and gave us 100% of her time and help / support. She went out of her way to come to our home on several occasions to help us with loan paperwork. She and Bay Equity where a pleasure to...
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Melissa Vasilev from Bay Equity is just the best at what she does! She kept me informed every step of the way buying a new home and securing a mortgage for me. I have never before experienced this high of a level of customer service. I felt...
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Always willing to answer any questions I had and made sure I was fully aware of the process. Thanks!
Melissa at Bay Equity was a joy to work with. Mortgages are always stress-inducing, but she was always quick to respond to any questions I had. She took care of everything beyond my just needing to sign on the dotted line. I couldn't have asked...
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Prompt, professional service
Julissa McDermott was awesome to work with and always had an answer to our many questions...
Thank you Julissa
more direct communication via phone or video calls would be better than just emails.
Loan officer should take into consideration people are not all computer literate. I really dont know how old people can do this stuff when asked to upload or download documents as you guys wanted it. Be mindful not all can do this.
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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/