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:

04 Dec 2018
| 10 min read

How to make sense of the VA Certificate of Eligibility (COE)

In this article, I’ll show you how to quickly read and understand the Certificate of Eligibility (COE). This information will make it easy for you to see if you’re eligible for a VA Loan so that you c...

04 Dec 2018
| 5 min read

Calculating the VA funding fee for a VA Loan

The VA funding fee is a government fee applied to nearly every VA home purchase and refinance. The VA funding fee covers the cost of the VA Loan Guarantee and is paid directly to the Veteran Affairs A...

27 Nov 2018
| 9 min read

New 2019 VA Loan limit and Max VA Loan amount

How much will it cost? This question is at the top of the list for every home buyer. You want to know if you can afford your big purchase. 

21 Nov 2018
| 5 min read

Advantages and disadvantages of buying a house in the winter

Conventional wisdom says the best time to buy a house is in the spring and summer. However, I say the best time to buy a house is when you need a house! As nice as the warm weather seasons can be, win...

16 Nov 2018
| 3 min read

VA Loans for first-time homebuyers

Are you a first-time home buyer and also a veteran? If so, you have the chance to take advantage of one of the best mortgage deals on the market with a VA Loan. In fact, you could be approved for $0 d...

14 Nov 2018
| 4 min read

How to use a VA Loan to buy a condo

If you want to use your VA Loan benefit to purchase a condo, there are three main steps you’ll need to complete. First, you’ll need to get pre-qualified with your mortgage lender. Second, you’ll searc...

See all of Russell's Blogs

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