Kwik Mortgage Corporation lives up to its name by focusing on speed and efficiency. They offer conventional and government-backed loans, aiming to get borrowers through the process quickly without sacrificing clarity or support—perfect for those who want to close fast and start making their house a home.
See today’s mortgage interest rates on TrueRate.
How Kwik compares to other mortgage lenders
| Headquarters | Parsippany, New Jersey |
| Website | kwikmtg.com |
| Rate | 0.27% lower than the median rate |
| Lender fees | $1,095 (median on Kwik Mortgage loans) |
| Savings after 1 year, compared to the median interest rate | $1,228 |
| Savings after 10 years, compared to the median interest rate | $8,933 |
For a $400,000 loan, borrowers could save over $1,200 in the first year and almost $9,000 over a 10-year period compared to the median lender.
What customers are saying
Customer reviews of Kwik Mortgage Corporation highlight predominantly positive experiences with their mortgage services. Borrowers frequently praise the company for its competitive rates, fast closings, and personalized service. Loan officers are often recognized for their professionalism, responsiveness, and ability to guide clients through complex transactions. Customers appreciate Kwik’s digital tools, which streamline the application process and allow for secure document submission, making the experience hassle-free and efficient. Many reviewers mention smooth closings, even under challenging circumstances such as 1031 exchanges or simultaneous property transactions.
Negative feedback is minimal but includes occasional complaints about communication gaps or delays in resolving specific issues. However, these instances appear to be exceptions rather than the norm.
How to compare mortgage lenders
Interest rates. Comparing rates between lenders isn’t always straightforward. Many promote low headline rates that require paying “points” upfront to buy down the interest rate. To make a true comparison, focus on the par rate (0 points) and the APR, which reflects both the interest rate and any lender fees. Even small differences can translate into significant savings over the life of the loan.
Lender fees or loan origination fees. Many lenders charge fees that add thousands to the cost of a loan. It’s important to look at both the rate and the fees together to understand the true cost of borrowing. For a $400,000 mortgage, avoiding even a $1,000 fee could contribute to meaningful savings in the first year and over the long term.
On-time close rate. Most lenders do not publicly share their on-time close rates. However, it’s a critical factor—especially if your home contract has tight deadlines. Asking about their process for meeting close dates, including underwriting and document review timelines, can give you more confidence when choosing a lender.
Pre-approval and offer letters. Some lenders offer fast pre-qualifications that may not be fully underwritten, which can weaken your offer in competitive markets. It’s important to ask whether a lender’s pre-approvals are fully underwritten and how credible their letters are when presented with an offer.
Customer satisfaction. If detailed customer review data isn’t readily available, check third-party review sites or ask the lender for references. It’s important to understand how they handle communication, responsiveness, and issue resolution throughout the loan process.
Employee reviews. Company culture often influences how clients are treated. A lender with strong employee satisfaction typically delivers better service, more organized processing, and a smoother overall experience for borrowers.
To better understand how we compare mortgage rates fairly, see our TrueRate Methodology.
If you’re ready to start your journey to homeownership, get pre-approved with Tomo Mortgage today.