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  • Darren DiBenedetto

    Darren Dibenedetto

    Senior Mortgage Officer

    NMLS #: 404038

    TEGFCU Mortgages icon
    New home owner with keys

    I’m Here To Help You

    For more than 20 years, Darren DiBenedetto has worked as a mortgage originator, helping thousands of families turn their dreams of homeownership into reality. With a relentless focus on customer service, he has consistently delivered results that have earned acclaim and acknowledgment. His work with union families has been extensive, including the IAFF, Sheetmetal Workers, and CSEA Southern Region members. By building lasting relationships with trusted real estate professionals throughout the lower Hudson Valley, Darren has established a reputation as a go-to resource for homebuyers in Northern Westchester and Putnam counties.

    Born and raised in Hastings on Hudson, NY, Darren received his bachelor’s degree in communications from the University of South Carolina at Aiken. Darren has been happily married since 2005, lives in Brewster, NY, and has two children, Ava Jean and Gia. In his free time, Darren enjoys distance running, and he’s completed four marathons and several half marathons. You can also find him cheering for his favorite teams, the Yankees, Rangers, Giants, and South Carolina Gamecocks.

    Career Highlights

    • 20+ years of consumer & home loan experience in the Hudson Valley

    Contact Darren

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    Why Choose TEGFCU for Your Mortgage?

    There’s no place like home. There’s no place like the Hudson Valley. And there’s no place like TEGFCU for your mortgage. We know that everyone’s needs are different when it comes to home financing. So, whether you are looking to purchase a primary residence, second home, or investment property or refinance to a lower rate, we will go the extra mile to find the best possible financing solution that is right for you.

    Great Competitive Rates

    Low Closing Costs

    Local, In-House Processing & Underwriting

    FREE Pre-Approvals

    We’re proud to be local, member-owned, and not-for-profit. When you buy your dream home, you can feel confident you’re getting a competitive interest rate from us. We believe that making a mortgage affordable means not surprising you with extra closing costs like some other lenders. Compare our closing cost to theirs.

    Discover the TEG Difference – our friendly, knowledgeable people. Our Mortgage Officers are here to answer any questions and help you through every step of what can be an intimidating process. We want you to enjoy the experience of finding the perfect home. Buy with confidence today and have peace of mind knowing that your loan will close quickly and easily.

    Conventional Mortgage & Refinance Rates

    Mortgage TypeRateAPRPoints
    30 Year Fixed6.750%6.855%0.500%
    20 Year Fixed6.625%6.778%0.625%
    15 Year Fixed6.250%6.437%0.625%

    APR = Annual Percentage Rate. Rates effective as of 11/04/2024. All loans are subject to approval. APR assumes a $300,000 loan amount with escrows a FICO score of 760 or higher for a loan for an owner-occupied (primary residence), single-family dwelling in New York State with a loan-to-value ratio of 75% or less, and no cash-out.

    For example, a 30-year, $300,000 conforming mortgage with a fixed APR of 6.855% has an approximate payment amount of $1,945.79. Real estate taxes, insurance, and private mortgage insurance (if applicable) are not included; therefore, the actual payment obligation will be greater. Your rate may vary based on your creditworthiness, loan amount, purpose, property type, occupancy, LTV, lock period, and other credit characteristics.

    All rates and terms are subject to change without notice. No rate is guaranteed without a valid rate lock. A point is equal to 1% of the loan amount’s balance. Private mortgage insurance (PMI) is required on mortgages that exceed 75% loan-to-value (LTV). When refinancing, the maximum loan-to-value is 80% if you take cash out. Contact a TEG Mortgage Officer for further details. Other terms and conditions may apply.

    Adjustable-Rate Mortgage (ARM) Rates

    Mortgage TypeRateAPRPointsFirst CapSubsequent CapLifetime Cap
    5/6 SOFR ARM6.125%6.826%0.500%+/- 2.00%+/- 1.00%+/- 5.00%
    7/6 SOFR ARM6.375%6.836%0.500%+/- 5.00%+/- 1.00%+/- 5.00%

    APR = Annual Percentage Rate. Rates effective as of 11/04/2024. All loans are subject to approval. APR assumes a $300,000 loan amount with a FICO score of 760 or higher for a loan for an owner-occupied (primary residence), single-family dwelling in New York State with a loan-to-value ratio of 75% or less. Rates on 5/6 ARMs are fixed for the first five years and subsequently subject to change bi-annually. Rates on 7/6 ARMS are fixed for the first seven years and subsequently subject to change bi-annually.

    For example, a 5/6 ARM at a fixed initial interest APR of 6.826%, would initially be $2,227.49 or a 7/6 ARM at a fixed initial interest APR of 6.836%, would initially be $1,871.61. Real estate taxes, insurance, and private mortgage insurance (if applicable) are not included; therefore, the actual payment obligation will be greater. After the initial fixed term, rates will adjust based on the index, Secured Overnight Financing Rate (SOFR), and a margin, not to exceed the initial, subsequent or lifetime change cap. Your rate may vary based on your creditworthiness, loan amount, purpose, LTV, lock period, and other credit characteristics.

    All rates and terms are subject to change without notice. No rate is guaranteed without a valid rate lock. A point is equal to 1% of the loan amount’s balance. Private mortgage insurance (PMI) is required on mortgages that exceed 80% loan-to-value (LTV). Contact a TEG Mortgage Officer for further details. Other terms and conditions may apply.

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    What a pleasure to work with Darren! He was super helpful on a really tough condo financing deal and the whole time through he was very pleasant and nice to speak with and got the job done. Super professional, very grounded vibes and kept his cool even when the condo board was being anoying to work with. Bravo!

    Cem M.

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    Darren was very professional and extremely accommodating especially when we needed him for anything last minute. He’s also very knowledgeable and patient when I had any questions pertaining to my mortgage. I highly recommend Darren and TEGFCU!

    Michelle M.

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    Darren is professional, reliable and provided excellent service. I would not hesitate to procure his services again!

    Steve W.

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    Darren was wonderful to work with and very reliable!

    MCB

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    Darren was incredibly helpful when we were looking to buy a condominium. We had not had a mortgage before, and Darren was extremely patient and thorough in explaining every step of the process. He helped us from start to finish, was always honest and up-front, and was a joy to work with. I could not recommend him more highly!

    Andrea S.

    First Wednesday of Every Month at 5:30 PM. Attend virtually and receive $500 OFF closing costs!

    Pre-approved by another lender? TEG would like the opportunity to provide you with our own pre-approval decision so that you can compare, and to thank you for taking a second look we will give you $100.

    Get “The Comprehensive Guide to Finding, Buying and Financing a Home”. Learn how to get started and discover everything you need to know to help you buy a place you love – with a payment you can afford.

    Have questions? We have answers.

    Apply for a TEGFCU Mortgage

    To apply for a mortgage, you must either be a current member or become a member before closing. Membership is open to anyone (and their immediate families) who lives, works, worships, or attends school in Dutchess, Orange, Ulster, Putnam, Rockland, Sullivan, and Westchester County, NY with an initial $5 deposit, as well as Members of the Dutchess County SPCA or Child Care Council of Dutchess and Putnam Inc which are headquartered in our field of membership. Also, if you are purchasing a primary residence in one of these counties you are eligible for membership.

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    Apply for a TEGFCU Mortgage

    To apply for a mortgage, you must either be a current member or become a member before closing. Membership is open to anyone (and their immediate families) who lives, works, worships, or attends school in Dutchess, Orange, Ulster, Putnam, Rockland, Sullivan, and Westchester County, NY with an initial $5 deposit, as well as Members of the Dutchess County SPCA or Child Care Council of Dutchess and Putnam Inc which are headquartered in our field of membership. Also, if you are purchasing a primary residence in one of these counties you are eligible for membership.

    We Do Business in Accordance with Federal Fair Lending Laws – Fair Housing Poster.

    Home Mortgage Disclosure Act Notice – The HMDA data about our residential mortgage lending are available for review. The data show: Geographic distribution of loans and applications Ethnicity, race, sex, and income of applicants and borrowers Information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s website.

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