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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
Sun
11 AM to 5 PM
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Reviews from Web
The McDermott Team was amazing to work with and helped every step of the way! They made the home buying experience easy, enjoyable, and stress free! I would recommend The McDermott Team to anyone looking to buy a home! They are awesome! Thank...
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I struggled for a while to find a house and when i asked if i could get a bigger loan they were able to do that and i found a house much faster
We used Michael and Julisa for our first home purchase in Arizona. They kept us informed every step of the way and made this process run smoothly. We wouldn’t hesitate to recommend them to anyone that needs their services for a home loan, refinance...
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stayed on top of things the entire time
Working with Michael was the best! Highly recommended. Michael went the extra mile to get the reinspection completed as a requirement of a VA loan. Michael and Bay Equity went the extra mile to secure me the most competitive rate and terms....
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Working with Michael was the best! Highly recommended. Michael went the extra mile to get the reinspection completed as a requirement of a VA loan. Michael and Bay Equity went the extra mile to secure me the most competitive rate and terms....
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The McDermott team is professional and fast. They were always available to answer our questions and I never wondered what was happening next. I would defiantly recommend all of my friends and family for any services that Bay Equity provides....
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I have used Mike and his team for several purchases and refinances over the years. He is typically very communicative throughout the process and is detailed in his explanation(s) when faced with decision points on certain aspects of the deal....
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My husband and I applied with 4 other lenders before finding Mike and Julissa. From the very beginning, I knew they were different. They make sure everything is in order, so when you find your house it’s go time. We are first time homebuyers...
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I have used Mike and his team for several purchases and refinances over the years. He is typically very communicative throughout the process and is detailed in his explanation(s) when faced with decision points on certain aspects of the deal....
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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/