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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
Michael completed the loan for the buyers on this home that I had listed. He was extremely professional and most importantly timely. There were no issues and we had a great transaction!
Mike kept all parties informed throughout the process. I was very satisfied with the results. Although there was a delay in the USDA inspection process Mike informed all parties of the delay and was on top of the USDA department to get the...
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Mike has been a valuable resource for our business, and the success we have. I feel very confident sending clients to him for advice on the loan process. I know my clients will be treated fairly, and will always get honest answers from Mike....
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Mike,Was able to pick up where another lender couldn't. He closed the transaction early, where the other lender needed more time. He was amazing, and saved the day!!!
I have sent several Buyer clients to Michael to obtain their home financing. Every time Michael is involved with a loan, he delivers nothing but the best service. From application to close, Michael keeps everyone up-to-date and most importantly,...
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Michael was great to work with. Any time I had a question he would get back to me within hours. He even helped us by writing a recommendation letter to turn in with our offers to help with this crazy AZ market. I would defiantly recommend Michael....
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Not knowing anyone in Phoenix Michael was recommended to me by my Realtor. It can be very frustrating buying a home from long distance, which is what I did while living in Washington. Michael made my journey very pleasant and allowed me to...
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I am a first time buyer and Michael McDermott walked me through everything I needed to know from which loan to get.. Michael and his team walked me through step by step on how to get my credit score higher. He touched base with me every step...
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Michael kept us informed through every step in the process. There was never as much as a hiccup in any of the phases along the way. Mike is a true professional in every sense of the word. He had every answer to any question we managed to broach....
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Michael and his team were willing to help us when others wouldn't, And went above and beyond to get us our loan. He was always in contact, And we always knew the status of application. We closed in about a month, and every thing went smoothly....
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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/