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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
We had previously used Michael and his team for the financing on the house we were purchasing. Because they made the process so smooth and easy we chose them again for our REFI. They are knowledgeable. professional and promptly answered all...
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We initially used the McDermott team when we purchased our home a year ago and with interest rates so low we decided to refinance again. They were on top of it as they were with our initial home purchase and would highly recommend that anyone...
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This is a BIG shout-out to Mike McDermott and The Bay Equity team for their superb help in refinancing our home loan. They were quick to work to get us the best rate and complete the process before the rates went back up. The team kept my sister...
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Excellent service with prompt response.
Well its a rough market out there right now, while this has been a stressful process all around, its been so worth it! Bay Equity team was very engaged, always communicating, easy apps used to upload docs, and definitely they work well under...
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Well its a rough market out there right now, while this has been a stressful process all around, its been so worth it! Bay Equity team was very engaged, always communicating, easy apps used to upload docs, and definitely they work well under...
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We think Tina must work 24/7 for you! She is really on the ball for helping and providing information!
I cannot say enough about Michael and Bay Equity. Because of he and his team our dream became a reality.
Our experience with Michael and his team was great, we worked with such a professional group. They always made themselves available for our needs; phone calls, questions, etc.
Micheal and his team have exceeded every expectation I had. They guide you through the process and are always there to help. Micheal got me into my home sooner than I thought I would and it’s all because of how hard he works to make sure his...
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501–510 of 954
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/