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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
WOW! The Mcdermott team is Awsome everyone there treated me well guided me through the home loan precess kept in touch with every step that was taken to complete the loan process they went above and beyond to get me approved.I am thankful for...
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Michael was very helpful through the entire loan process and more than met our needs. He promptly answered all of our questions and was a big help in negotiating through some tricky processes during the loan application. I would recommend him...
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Michael and his team gave us helpful information all the way thru the purchase of our new home. This was our sixth home purchase and all of the other companies we have used in the past have never been as helpful as nova home loans. I would...
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Over the past 10 years I have sold and purchased 4 homes, by most recent being with Michael and his team at Nova. They are by far the most courteous, professional, informative, and responsive team of lenders I have worked with and I would recommend...
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Michael and his team were very professional. They kept us informed throughout the process and responded to our questions in timely manner. We received full loan approval and closed in three weeks.
The McDermott team really made this happen for us. They were there throughout the whole process, always availble to answer questions and keeping us updated on the progress of our mortgage application.Thanks Michael, I will definately be recomending...
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This is my first time applying for a home loan and I was a little nervous. Michael explained everything to me in grave detail and he was very informative. One of the things that was the most impressive to me was how he kept me updated every...
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From start to finish Michael and the all the crew from Nova were on top of the loan for our mortgage. Michael knows his trade and we will always be grateful for his expertise that saved us a lot of headaches we have experienced with other financial...
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From the 1st phone call to the last phone call the Mcdermott Team was GREAT they walked us through the process with no STRESS answered every question we had. If we ever need anything in realestate the Mcdermott team will be the only company...
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Reply from Owner
October 2nd, 2014 12:00 AM
Thank you so much for the kind words Haynes Family! It was truly our pleasure to guide you through the home buying process. Congratulations again on your new home!
I moved down to Arizona in January. I contacted the McDermott team, I was told I had a Zero Credit rating. This was due to not using credit for the last two years. With their guidance, I established credit, and bought my house within six months....
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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/