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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
Melissa you are awesome. Anyone looking for an honest, friendly and professional lender, Melissa Vasilev at Bay Equity is who you want. She made the process so easy and kept us informed through the process. I have thoroughly enjoyed working...
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Moving from another state, we knew little about who to work with here in the Phoenix area, but our realtor recommended Bay Equity and we were very impressed with them. From the start, their system was set up with such streamlined websites,...
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Moving from another state, we knew little about who to work with here in the Phoenix area, but our realtor recommended Bay Equity and we were very impressed with them. From the start, their system was set up with such streamlined websites,...
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The team was to easy to communicate with and was available at any time we reached out! All questions were answered promptly and everyone was very pleasant to speak with.
Mike McDermott and his team members made our home purchase quick, efficient and easy. The most difficult part of our mortgage process was being available to immediately sign the multiple e-documents sent us! Mike and associates were available...
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Michael and the team (Julissa was amazing!) at Bay Equity Home loans were amazing. As a first time homebuyer I was skeptical about how the loan process would play out. The Bay Equity team put all my apprehension aside by always responding to...
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The team at Bay Equity provides amazing service. You are lucky in life if you can find any company with the professionalism, dedication, and efficiency of Bay. One of the best companies I have ever worked with.
The team at Bay Equity provides amazing service. You are lucky in life if you can find any company with the professionalism, dedication, and efficiency of Bay. One of the best companies I have ever worked with.
Recommend in every way possible, TEAM is relentless at gettin it done, I have both years and many transactions thru the McDermott group, the speed along with the smoothness of the transaction is over the top, I hear so many bad stories from...
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Honest, no surprises, great communication, and everyone very nice.
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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/