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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
Mike McDermott held our hands and guided us expertly through the entire process. Because they knew what they were doing and could explain things to us there was no anxiety or apprehension about the process itself. I cannot say enough good things...
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My husband and I worked with Michael and Cy at Bay Equity Home Loans, they explained all steps and were very responsive to any questions we had. We would highly recommend them.
McDermott team are awesome. You can depend on them anytime you need help or clarify things. They are very professional the way they handle the process.Thank you Team McDermott for all your help to me and my family.We really appreciate all the...
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My husband and I worked with multiple staff at Bay Equity Home Loans, the entire expierence was beyond what I expected. They explained all steps and were quick in responding to any questions. Everybody was knowledgeable and very professional....
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Mike McDermott held our hands and guided us expertly through the entire process. Because they knew what they were doing and could explain things to us there was no anxiety or apprehension about the process itself. I cannot say enough good things...
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I want to give a huge appreciation to Bay Equity and team for the process of my loan and closing so less stressful than my previous time when purchasing a home. The team always kept me up to date on the whole process and always available when...
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I want to say Thank you to the entire Bay Equity Team. They were hardworking,dedicated, accommodating, and very helpful during the entire process. They made sure that we were informed every step of the process, and I really appreciated them...
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I want to give a huge appreciation to Bay Equity and team for the process of my loan and closing so less stressful than my previous time when purchasing a home. The team always kept me up to date on the whole process and always available when...
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Michael McDermott has received a review with 5 star rating from Geri C F
We couldn't be happier with the service we received from Michael McDermott at Bay Equity. Every question we had was answered with specific information.
771–780 of 954
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/