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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
I am so glad that our realtor recommended the Bay Equity Team. From day one of purchasing a house they made sure we had all the appropriate paperwork filled out so that there was no doubt to the seller that we were serious buyers. If we had...
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We contacted Michael and his team a couple of years ago and after some preliminary stuff, my wife and i decided not to go forth at that time. Now that we felt we were ready, we contacted Michael again and were not disappointed. Michael, Julissa...
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Mike and his team are amazing! I am a real estate agent and I refer my clients to him all the time, so I made sure when we were buying a home, to use him for our own personal loan! He also helped us refinance as well! He answered our many questions...
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Mike and his team are awesome! Their communication throughout the process is the reason why I decided to go with them. Always kept me up to date on my loan. And answered my many questions throughout the whole process! Would recommend them to...
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I can honestly say Michael and his team at Bay Equity made my first home buying experience a very pleasurable one. From the start, I was informed of each and every option that was available to me and I never felt pressured into any decision....
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Getting a mortgage through Mike and Jessica McDermott and staff was seemless. They walked me through the process, answered all my questions and kept me well informed. I highly recommend!
I was referred to Melissa Vasilev by my friend and co worker who told me "she is the best". Now I refer all my friends to Melissa who are in the market for a house as I saw for myself that she is truly the best.Melissa is very knowledgeable,...
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Michael McDermott has received a review with 5 star rating from Terry K
Melissa at Bay Equity was very knowledgeable and very helpful during the entire buying/selling process. Highly recommend using Melissa and her team.
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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/