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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
Bay Equity kept us very informed about the process of the loan throughout the whole experience. They guided us every step of the way. They answered all of our questions. They reminded us when items were due by emailing and also texting us....
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Bay Equity kept us very informed about the process of the loan throughout the whole experience. They guided us every step of the way. They answered all of our questions. They reminded us when items were due by emailing and also texting us....
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Had an amazing experience with them in purchasing our first home;super easy process and they were available anytime we had questions or concerns. Definetly will refer them to other future home buyers.
Michael and the entire team were great, I was a little nervous to start my refinance process but it was a very smooth and easy process. I would recommend them to anyone and would not hesitate to use them again.
Great communication from the entire team! You really made the process smooth and easy for us.
This was the second time using Michael McDermott and his team and they were exceptional once again! Great communication and follow through on their end. They made the entire process easy on our end. I would definitely use them again in the...
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This was the second time using Michael McDermott and his team and they were exceptional once again! Great communication and follow through on their end. They made the entire process easy on our end. I would definitely use them again in the...
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I can’t say enough about Michael! He was amazing every step of the way. He was quick with communication, very professional, and he got everything processed faster than ever! As a first time homebuyer, he made it so easy and explained everything....
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I can’t say enough about Michael! He was amazing every step of the way. He was quick with communication, very professional, and he got everything processed faster than ever! As a first time homebuyer, he made it so easy and explained everything....
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The whole process was very smooth in obtaining the loan and things moving swiftly. I was kept informed of progress on a regular basis. My only problems were when I reached out with specific questions, it took a few days to get a response. Also,...
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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/