Russell Carmichael - NMLS# 1492025
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Nearby finance companies
35601
Well Street NE
Johnston Street SE
4th Avenue NE
Moulton Street E
4th Avenue SE
35601
Johnston Street SE
Wilson Street
Market Street NE
Johnston Street
35602
Johnston Street SE
Elm Hill Pike, Nashville
2nd Avenue SE
Nearby accountants
Stratford Road SE
Moulton Street E
Wilson Street
Moulton Street E
Johnston Street SE
Johnston Street SE
Nearby realtors & realty services
Highway 72, Athens
Steve Perkins Drive SW
35603
Church Street
35601
Nearby law practices
Steve Perkins Drive SW
Moulton Street East
Moulton Street E
614 Johnston St SE
West Cherokee Street, Brookhaven
Lower Mortgage, NMLS # 1124061 | Equal Housing Lender
11/04/2026
I had a great time in Ohio this week attending Lower’s leadership conference. It was great meeting more of my colleagues and our leadership team. I also picked up some new ideas that I’m excited to bring back to better serve my clients and Realtor partners.
There are exciting things happening at Lower, and I’m grateful to be part of it.
10/29/2026
Communication is everything when buying a home. I believe my clients deserve to be informed, have their questions answered, and know exactly where things stand throughout the process.
Thank you, Tylor, for the kind words and for trusting my team and me with your mortgage. We appreciate you!
10/29/2026
5.0 star review received on Experience.com for Russell Carmichael by Jonathan C M - Communication was fantastic, wonderful experience with Russell and Vickie.
New ★★★★★ 5 Star Experience.com Review by Jonathan C M Click to see all 100 reviews of Russell Carmichael, Branch Manager, VP | NMLS # 1492025
The number nobody talks about when buying a home: the full monthly payment.
Everyone focuses on two numbers: the purchase price and the interest rate. But that is not what you pay every month.
Your real mortgage payment has four parts. Principal, interest, taxes, and insurance. People call it PITI. Principal and interest are the part your rate controls. Taxes and insurance are set by your county and your insurance company and they can change every year.
In a lot of markets insurance premiums have jumped 20, 30, even 40 percent at renewal. Then there are HOA dues if the property has them. And mortgage insurance if you put less than 20 percent down.
So two homes at the exact same purchase price can have monthly payments that are hundreds of dollars apart. A house with high property taxes and a flood zone requirement might cost significantly more per month than a slightly more expensive home with lower taxes and no HOA.
That is why I tell every buyer: shop the payment, not just the price.
Before you fall in love with a house send me the address. I will build the full monthly payment with taxes and insurance included so there are no surprises at closing.
Your buyers have never had this much negotiating power. And most of them do not realize it.
Sellers now outnumber buyers by nearly 58 percent. The largest margin ever recorded. That means price cuts, closing cost credits, and rate buydowns are all back on the table in ways they have not been in years.
Agents across the country are closing deals $40,000 to $60,000 under asking on listings that sat for 30 days. Mortgage applications just hit their lowest level since 1995 which means your buyers are not fighting bidding wars. They are negotiating with real leverage.
And here is the part nobody is talking about: September home sales rose in defiance of surging rates. The agents winning right now are not waiting for rates to drop. They are writing aggressive offers with every contingency intact.
Send me your buyers and I will run the payment scenarios that show them exactly what buying today looks like with a buydown included.
This market will not last forever. Once rates fall competition returns and all of this leverage disappears.
10/12/2026
Great reviews and referrals don't happen by accident. They're earned by taking care of people, communicating well, and doing what you say you're going to do.
That's how I've always believed this business should be done, and it's what my team and I work hard to deliver every day.
Grateful for customers who trust us with one of the biggest purchases of their lives.
10/05/2026
5.0 star review received on Experience.com for Russell Carmichael by Christian A D - Russell and his team excell in providing every resource and instruction needed in order to ensure the home buying process goes as smoothly as possible. He consistently would ensure hwe was available to answer any questions or concerns we had and really made this, otherwise complicated process, simple. I will be referring Russell and his team to everyone!
New ★★★★★ 5 Star Experience.com Review by Christian A D Click to see all 97 reviews of Russell Carmichael, Branch Manager, VP | NMLS # 1492025
10/05/2026
Many people think the first step in buying a home is touring houses, but one of the smartest first steps is getting pre-approved for a mortgage.
It helps you understand your budget, focus your home search, and show sellers you’re ready when you find the right home.
10/02/2026
Big day. Two more families are Clear to Close! 🏡
Always a good feeling getting these across the finish line and one step closer to closing day. 🔑
09/24/2026
There’s no better compliment than knowing a client felt taken care of, especially when the loan wasn’t straightforward.
Thank you, Dave, for trusting me and my team to help get you into your dream home.
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Decatur, AL
35601
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