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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
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!
I read these few reviews on this site and am shocked they would get scored anything less than 5 stars. Every single person in this office has been very informative, followed up, and stayed in communication, even on the weekends! I am a first...
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They did a great job with keeping in contact with us and letting us know what we needed during this really long process. We're very happy with our home and we are happy we went with Bay Equity
They did a great job with keeping in contact with us and letting us know what we needed during this really long process. We're very happy with our home and we are happy we went with Bay Equity
Mr. mcDermott kept in touch with us through this whole process. Easiest home buy ever. Everything was done in a timely manner. Would recommend to other people.
The McDermott team is the definition of a superb lender. The entire staff at Bay Equity is continuously engaged from start to finish. Any question that I asked was answered in a very timely manner with a detailed explanation. At no point did...
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All I can say is, as a first time homebuyer, I couldn’t be happier. The entire Bay Equity Team was fantastic. From start to finish, they were on top of everything. Very informative, professional, and prompt. Thank you Michael and Team!
Once again you and your team did an outstading job helping us with our home purchase. I am very pleased with the sevices you provide. Your team was very knowledgable and on point when we had any questions. Your wife Julissa answered all the...
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Michael McDermott has received a review with 5 star rating from Rajendar P
Mike and Julissa made the home buying process smooth and easy. All requirements were easy to provide online with no hassle. We would recommend Bay Equity to everyone.
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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/