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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(Open now)
Sun
11 AM to 5 PM
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Reviews from Web
I purchased a home in AZ in 2019 and had a wonderful experience working with the McDermott team! We decided to move to CO and try to purchase a home, but we were having a lot of trouble getting approved due to moving, having new jobs lined...
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I was just starting to consider buying a house when someone suggest I contact Bay Equity and the McDermott team as they had such a positive experience. I am so glad I did! They made the whole process so simple for a first time homebuyer. They...
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As first time home buyers, my daughter and I were unsure about everything! Mike and his team literally came to our rescue. After talking with several lenders and feeling lost and defeated, our realtor connected us with Mike and it was “happily...
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The McDermott Team was fantastic. This was our third home buying experience and this team was by far the easiest and most professional to work with. They worked with us every step of the way, communicating with us every step of the way. They...
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The McDermott Team was fantastic. This was our third home buying experience and this team was by far the easiest and most professional to work with. They worked with us every step of the way, communicating with us every step of the way. They...
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I rarely give one star to places but this business deserves it. I came in as a referral from a realtor and work with Mike McDermott. I only heard from this guy once and I have tried reaching out to him numerous times but never get a call back....
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Working with the lender has been a easy and seamless process for myself; as I'm a first time home buyer from California. The lender was precise in the entire process from start.to finish and was able to close our home by the date promised....
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Mike and his entire staff were very informative and helped me for years get the credit score I needed to buy my first home. Most lenders give up the second they see your credit isn't high enough. Mike and Julissa stuck with me and made sure...
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Mike and his entire staff were very informative and helped me for years get the credit score I needed to buy my first home. Most lenders give up the second they see your credit isn't high enough. Mike and Julissa stuck with me and made sure...
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Would love to work with again in the future! These guys helped make home buying a breeze and stress free, thank you so much! Highly recommend people to work with and super friendly!
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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/