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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
Melissa was great, had issues with solar and she was very responsive worked everything out.
I have worked with Melissa Vasilev on numerous clients for the past 10 years. She takes time to explain everything to my clients and make sure they get the very best service. She is so careful and thorough that we always close on time, with...
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Let me first say I have purchased or refinanced at least 10 times. Melissa Vasilev is the best loan officer I have ever worked with. Her attention to detail and guidance is second to none! She will be the only person I use in the future and...
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My loan team was so awesome, great communication, compassion and understanding.
They will surely get the job done. But you will pay a premium. We used Bay for our home loan. We didn't realize at the time that we were buying a Bentley loan with all bells and whistles and associated fees that are pure profit for this broker....
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I can’t say enough good things about my experience with The McDermott Team. Every team member was so kind, they really made the home buying process smooth with little stress. My loan officer JB, returned all my calls quickly, calmed my anxiety...
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Everything was perfect from beginning to closing day! Great Team!!
They did a great job
Purchasing a home with BayEquity has been a miserable experience. I would not recommend their services, the realtor and seller who was the Maricopa County Housing made it difficult throughout the whole process. Failing to communicate and promising...
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The McDermott Team is incredible at communicating and made buying a house easy. They answered our questions readily and let us know each step of the process. It completely transparent, and they are so helpful!
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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/