About Russell McCarrel


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Russell McCarrel is a Mortgage Loan Officer at NewCastle Home Loans with more than three years of professional experience in mortgage lending. Before joining NewCastle, Russell has worked in every aspect of the mortgage process as a Consumer Loan Officer, Consumer Underwriter, Processor, and Mortgage Specialist.

Inspired by his father serving as a police officer for the University of Chicago, Russell wanted his career to focus on helping people. As a result, Russell received his Associates Degree in Fire Science while working as a firefighter/EMT. However, Russell found his calling as a Loan Officer and an alternative route to help others.

Through honesty and transparency, Russell’s goal is to make the home buying journey as exciting and easy as possible for each of his clients. Russell will not only make it simple for you to know where you are during the entire mortgage process, but also make sure you have the tools you need to understand each step as well.

In addition, Russell has been happily married to the wonderful Cadence McCarrel for five years.

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Causes Russell cares about:

Woodstock Pride
BLACKDOG All Breed Dog Rescue

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Russell's Articles:

18 Sep 2018
| 4 min read

Understanding your Certificate of Eligibility (COE) for VA Loans

One of the first steps any veteran seeking a VA Loan will want to take is to apply for their Certificate of Eligibility (COE). In our introduction to VA Loans blog, we discussed a few ways you can go ...

17 Sep 2018
| 6 min read

How to qualify for a VA Home Loan

There seems to be a great mystery out there on how to qualify for a VA Home Loan. A number of my veteran friends have reached out to me over the last few years and explained how difficult it was for t...

13 Sep 2018
| 5 min read

Introduction to VA Loans: Eligibility, home details, and how to apply

Personal Note: First, I’d like to thank you and all of our veterans for serving our country and the sacrifice veteran families make while veterans answer the call to serve.

11 Sep 2018
| 4 min read

Common first time homebuyer mistakes to avoid

We all know somebody who spends well beyond their means, and that’s an easy issue to spot from the outside looking in. But what about some of the more subtle mistakes that can take years to identify a...

08 Sep 2018
| 4 min read

Cash-Out Refinances on your mortgage can be used for nearly anything

Did you know that Cash-Out Refinances (CO) on your mortgage can be used for nearly anything you can think of? If you’ve never heard of refinances, take a look at my other blog to learn some of the bas...

05 Sep 2018
| 5 min read

Understanding the benefits of a mortgage refinance

Every month that you’ve paid on your mortgage, you’ve been building up equity in your home. This means the longer you’ve owned your home, the more value you’re sitting on. Depending on how much value ...

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