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Michael McDermott - Mortgage Loan Originator | NMLS 184065 in Phoenix, AZ
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Michael McDermott

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Mortgage Loan Originator | NMLS 184065

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Arizona State University
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
Company Logo
Arizona State University
Arizona State University
Location & Business Hours
Business Hours
Fri
8 AM to 6 PM
Sat
9 AM to 5 PM
Sun
11 AM to 5 PM
View All days
Overall Ratings
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5 Star
97%
4 Star
2%
3 Star
1%
2 Star
0%
1 Star
1%
Reviews from Web
  • Encompass
    M
    Michael J
    Surprise, AZ
    Posted on July 30th, 2020 02:47 PM
    Julissa is great resource and always answered my questions promptly. I appreciate her helping my husband and I during our process of buying our new home. Highly recommended ******
  • Zillow
    Z
    Zuser201610180624009
    Phoenix, AZ
    Posted on July 29th, 2020 12:00 AM
    Great team to work with! Would highly recommend! The process went very smoothly. Great people! I would definitely use them again in the future. Very professional!
  • Zillow
    M
    Melissa F
    Phoenix, AZ
    Posted on July 25th, 2020 12:00 AM
    I ended up switching lenders during the buying process. Bay Equity came in and completed everything in a very short timeline. Everyone was helpful, kind, and courteous. The team quickly responded to any question, no matter if morning, noon,...
    read more
  • Zillow
    C
    Charity
    San Tan Valley, AZ
    Posted on July 24th, 2020 12:00 AM
    So glad we found this team! Held our hand the entire way and made us feel confident in the process. I would recommend this team to anyone. Thank you so much!
  • Encompass
    P
    Peter J
    Peoria, AZ
    Posted on July 20th, 2020 12:51 PM
    The Mcdermott team gave us such a hassle-free experience. Each step of the way they communicated, guided us, let us know exactly what to expect. From pre-qualification, to pre-approval, to finding a house, underwriting and closing i dont believe...
    read more
  • Zillow
    R
    Ricardo G
    Tolleson, AZ
    Posted on July 17th, 2020 12:00 AM
    They made the process so simple, I would definitely use them over and over again you can definitely see the professionalism and work ethic displayed throughout, they truly are the best in the business!
  • Encompass
    R
    Ricardo R
    Tolleson, AZ
    Posted on July 15th, 2020 01:15 PM
    Mike and his team are professionals, they take care of all your needs from the very beginning, you can truly see why they are the best in the business! Thank you guys!
  • Zillow
    S
    Sarah K
    Posted on July 15th, 2020 12:00 AM
    We were recommended to Bay Equity by our real estate agent and were so glad that we chose them to work with. JB was there every set of the way making sure that every question was answered as well as keeping us on track to close. The process...
    read more
  • Zillow
    S
    Sarah K
    Scottsdale, AZ
    Posted on July 15th, 2020 12:00 AM
    We were recommended to Bay Equity by our real estate agent and were so glad that we chose them to work with. JB was there every set of the way making sure that every question was answered as well as keeping us on track to close. The process...
    read more
  • Encompass
    T
    Tyler D
    Mesa, AZ
    Posted on July 12th, 2020 05:51 PM
    Mike, and his team were very thorough with the funding and closing process. They were very reliable and always available to answer any questions that I had. They were absolutely incredible to work with start, to finish.
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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 University
      Biology/Biological Sciences
      Aug 2001 -Dec 2013
      Arizona State University logo
    Positions
    • Nexa Lending - The McDermott Team - Mortgage Loan Originator
      Mar 2nd, 2026 - Current
    Memberships
    • National Association of Mortgage Brokers (NAMB)
    • Arizona Mortgage Lenders Association
    • Certified Mortgage Planning Specialist (CMPS)
    • View All
    Addresses and Serving Areas

    Year Started

    2002

    Time Zone

    Mountain Standard Time (MST)
    Licenses
    • NMLS # 184065
    Gallery
    Michael McDermott - Gallery Photo
    Michael McDermott - Gallery Photo
    Michael McDermott - Gallery Photo
    Michael McDermott - Gallery Photo
    Awards
    MPA Young Gun
    MPA Young Gun
    Top 1% Loan Originator 10+ Years
    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
    • View All
    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/