Get & compare mortgage quotes anonymously Start in My Home
KM

Kwik Mortgage Corporation

Independent Mortgage CompanyParsippany, NJHQDirectReviews near you on Google

We analyzed every closed loan from Kwik Mortgage Corporation 647 loans across 1k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Exceptional
5/5
vs. all lenders
Pull-through
Sound
3/5
closing strength
Product
Sound
3/5
Conventional
Place
Sound
3/5
Multi-Region · 15 mkts
Safe Rate Awards
Conventional Superstar
Conventional
Superstar
Purchase Superstar
Purchase
Superstar
Refinance Superstar
Refinance
Superstar

Safe Rate Summary

What They Do Well

  • Offers rates 9.80 basis points below market average
  • Lower than average lender fees

Explore another lender or local market

Report Card

Kwik Mortgage Corporation performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 9.8 bps below market avg
Pull Through
Closing strength
Sound
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Top 60% of lenders
Refinance
Strong
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 16 markets
Sound
Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Strong
Product
Sound
Pricing
Exceptional
Pull Through
Sound
Volume631
Mix97.5%
Spread
-0.109%Below
Fees
$209Credit

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Sound
Product
Sound
Pricing
Exceptional
Pull Through
Acceptable
Volume500
Mix77.3%
Spread
-0.043%Below
Fees
$436Fees
Refinance
Overall
Strong
Product
Strong
Pricing
Exceptional
Pull Through
Strong
Volume147
Mix22.7%
Spread
-0.278%Below
Fees
$2,031Credit

At a Glance

Lender Overview

Lending Activity
Loans Originated
647
Applications
1,067
Volume
$308 million
Pricing & Closing
Avg Rate Spread
-0.098%
vs. market APOR
Avg Net Fees
$-137
Origination − Credits
Pullthrough Rate
60.6%
Applications → Closed
Typical Borrower
Avg Loan Amount
$476,747
Avg Borrower Income
$218,272
Avg Property Value
$634,196

Geographic Coverage

Geographic Performance

Metro Areas
15
markets with activity
States Served
16
of 50 states + DC
Avg Place Specialization
Sound
3/5

States with Loan Originations

16
16 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Northeast5
CTMANJNYPA
Midwest1
OH
South8
FLGAMDNCSCTNTXVA
West2
CAWA

Top Metro Areas by Place Specialization Score

Volume 150Mix 23.18% of portfolio
78/100
Strong
Volume 27Mix 4.17% of portfolio
63/100
Strong
Volume 34Mix 5.26% of portfolio
58/100
Sound
4© Dllu · CC BY-SA 4.0
New York, NY-NJMetro
Volume 37Mix 5.72% of portfolio
55/100
Sound
Volume 40Mix 6.18% of portfolio
55/100
Sound
Volume 23Mix 3.55% of portfolio
51/100
Sound
7© chucka_nc · CC BY-SA 2.0
Charlotte, NC-SCMetro
Volume 23Mix 3.55% of portfolio
50/100
Sound
Volume 26Mix 4.02% of portfolio
50/100
Sound
Volume 19Mix 2.94% of portfolio
48/100
Sound
Volume 18Mix 2.78% of portfolio
44/100
Sound
Showing 10 of 15 metro areas

Top States by Place Specialization Score

New Jersey
New Jersey
1
New JerseyState
Volume 261Mix 40.34% of portfolio
78/100
Strong
Texas
Texas
2
TexasState
Volume 99Mix 15.30% of portfolio
58/100
Sound
North Carolina
North Carolina
3
North CarolinaState
Volume 65Mix 10.05% of portfolio
56/100
Sound
Georgia
Georgia
4
GeorgiaState
Volume 42Mix 6.49% of portfolio
53/100
Sound
Tennessee
Tennessee
5
TennesseeState
Volume 30Mix 4.64% of portfolio
50/100
Sound
Florida
Florida
6
FloridaState
Volume 40Mix 6.18% of portfolio
48/100
Sound
South Carolina
South Carolina
7
South CarolinaState
Volume 23Mix 3.55% of portfolio
48/100
Sound
Maryland
Maryland
8
MarylandState
Volume 23Mix 3.55% of portfolio
47/100
Sound
California
California
9
CaliforniaState
Volume 19Mix 2.94% of portfolio
42/100
Sound
Pennsylvania
Pennsylvania
10
PennsylvaniaState
Volume 14Mix 2.16% of portfolio
40/100
Sound
Showing 10 of 11 states

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Looking for a different lender?

Are you the owner of Kwik Mortgage Corporation?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile
The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.