Director of Reverse Division/Branch Manager - Loan Officer
- Office Phone: 732-505-4600 x 701
- Mobile Phone: 973-449-7702
- Fax: 732-945-1006
- Email: firstname.lastname@example.org
- NMLS: 408742
A reverse mortgage is a loan option for people age 62 and older that allows you to tap into the equity you’ve already built in your home. It provides funds to help pay for the things you want or need, while you continue to live in and own your home. Family First Funding LLC specializes in reverse mortgages and is a member of the National Reverse Mortgage Lenders Association.
Close to 70,000 homeowners per year are deciding to enhance their retirement with a reverse mortgage. Why?
A lifelong New Jersey resident, Robert Lowe was born in Jersey City, and moved to Nutley, NJ with his family before moving to Red Bank in 2002. He is a graduate of St. Peter’s Preparatory High School and Saint Peter’s College, where he earned a Bachelor of Science degree in Management and Marketing.
Professionally, Robert is Director of The Reverse Division for Family First Funding. Since joining Family First Funding in this role in 2014, He has earned his MBA from Seton Hall University while working full time as Director of Finance for The Prudential Insurance Company of America. He is an Academic Assessor for The Stillman School of Business for Seton Hall University. He also served on the boards of both The Northern Monmouth Chamber of Commerce and Jersey Promise. He also served on the Executive Board of the PTA for Saint James Elementary School in Red Bank where his daughter attended grade school. Robert is also active in his community as he founded the Navesink Business Group and also belongs to the Red Bank Business Alliance. Both of the organizations promote the community of Red Bank and give back to the community through numerous charitable initiatives. Some of the many organizations receiving fundraising contributions include Lunch Break, Clean Ocean Action, Love Inc, Volunteer Firemen, Needy Veterans, Habitat for Humanity, JBJ Soul Kitchen, and many others.
JD Dinnocenzo (NMLS#118902) is a Certified Mortgage Planner, Certified Senior Advisor, H.E.C.M. (Reverse Mortgage) Specialist and M.B.A. Dinnocenzo has been in the mortgage industry for 20+ years and holds licenses in Florida, New York, and New Jersey.
Featured Article: How to Access Your Home Equity Without Monthly Mortgage Payments (Assisting Hands HomeCare, 2019)
Darryn Silver Murdoch obtained her BBA in Finance and Economics from Emory University in 1982. She was the Vice President in charge of making markets for corporate accounts for U.S. Treasuries for Lloyd Government Securities Corporation until 1992.
In 1994, Darryn graduated from Yeshiva University with a Masters in Social Work and focused her expertise as a Licensed Certified Social Worker for individuals with life challenging illnesses. After 12 years of clinical practice as well as conducting nationwide Leadership trainings for Value Option’s Management and other healthcare related business, Darryn was recruited as a Reverse Mortgage Consultant.
Darryn conducts presentations on a regular basis to consumer groups as well as to professional associations. She says that any career that supports a balanced lifestyle based on the principles of abundance and well-being will establish a sense of freedom for all. “I get to educate older adults and their families on their financial options and watch the quality of life improve for people right before my eyes. It does not get better than this for me!”
“It is so gratifying to see the stress leave people’s faces when I offer them a potential solution for their financial concerns. I feel as though I have found my home in helping people stay in their homes!” “Reverse Mortgages are guaranteed to improve the quality of life for our senior citizens”.
Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan specialist. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice. As an experienced loan officer I have the knowledge and expertise you need to explore the many financing options available.
Ensuring that you make the right choice for you and your family is my ultimate goal. And I am committed to providing my customers with mortgage services that exceed their expectations. I hope you’ll browse my website, check out the different loan programs I have available, use my decision-making tools and calculators, and use our secure online application to get started.
After you’ve applied, I’ll call you to discuss the details of your loan, or you may choose to set up an appointment with me using my online form. As always, you may contact me anytime by phone, fax or email for personalized service and expert advice. I look forward to working with you.
Is a reverse mortgage right for you?
Your payment will vary depending on how much you will be borrowing, the interest rate, and the length of your loan. Other factors also need to be taken into consideration, such as your taxes, your insurance, and your PMI, all of which are included in your monthly house payment. Even the value of your home will affect your payment.
Just as an example, let’s say you are borrowing $250,000.00 for 30 years with an interest rate of 5.875%. If the value of your home is $300,000.00, your property taxes $3,000.00 per year and your insurance is $1,500.00 per year, you can expect to be making a total payment of $1,958.01. This is because you need to pay $1,478.84 toward the actual loan, plus $250.00 for real estate taxes and $125.00 toward insurance.
Since your loan to value ratio is 83.33%, you will also have to pay PMI for 16 months which will add an extra $104.17 a month. Don’t forget to drop the PMI when the 16 months is complete and you might save yourself some money each month. Canceling your PMI will require a reappraisal of your home in most cases.
HEAR FROM OUR CLIENTS
Everyone we came across at the company made our process a lot less stressful. They answered all our questions and made sure we handed everything that needed to be handed in on time. Thanks!
Paul K. / Homebuyer, NJ
We highly recommend Family First as they are an amazing team, efficient, honest and always available! Not only would I recommend Family First to my clients, I do use them for our family's mortgage needs!
Lisa C. / Real Estate Agent, FL
Great service, very professional. Highly recommended!
Christofer V. / Homebuyer, TX
Expertise, open communication at all times, and complete confidence knowing that my Buyer was wonderfully serviced and their loan would close!
Laure M. / Real Estate Agent, NJ
It was a smooth process from start to finish and I appreciate the time each of them took to answer any questions I may have had with respect to the process, the paperwork, etc. They were all incredibly kind, helpful, and responsive no matter how small the question may have been, and as a first time homebuyer I am very grateful for that.
Jessica S. / Homebuyer, NJ