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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
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 ******
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!
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,...
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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!
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...
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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!
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!
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...
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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...
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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 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/