KWIK MORTGAGE CORPORATION closing costs and rates (2024)
In 2024, KWIK MORTGAGE CORPORATION originated 372 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $5,588. That is $1,153 below the national median of $6,741. KWIK MORTGAGE CORPORATION is most active in New Jersey with 160 originations there.
Purchase Originations
372
Median Total Costs
$5,588
−17.1% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$501
Median Lender Credits
$726
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 364 | 6.500% | $5,517 | $465 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New Jersey | 160 | 6.500% | $6,736 | #82 |
| Texas | 61 | 6.500% | $5,379 | #329 |
| North Carolina | 30 | 6.500% | $3,171 | — |
| Georgia | 25 | 6.625% | $3,486 | — |
| Florida | 19 | 6.750% | $4,774 | — |
| Tennessee | 16 | 6.500% | $2,916 | — |
| South Carolina | 14 | 6.500% | $3,359 | — |
| Maryland | 13 | 6.000% | $4,153 | — |
| Pennsylvania | 7 | 6.625% | $4,142 | — |
| Virginia | 7 | 6.625% | $3,438 | — |
| California | 6 | 6.625% | $4,609 | — |
| New York | 4 | 6.312% | $6,099 | — |
| Connecticut | 3 | 6.125% | $4,526 | — |
| Ohio | 3 | 6.500% | $8,654 | — |
| Massachusetts | 2 | 6.750% | $5,083 | — |
| Washington | 2 | 6.312% | $5,209 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,074 | 6.688% | — | 8 | −$2,514 | |
| 2 | $3,251 | 6.625% | — | 10 | −$2,337 | |
| 3 | $3,264 | 6.500% | — | 5 | −$2,324 | |
| 4 | $3,659 | 6.625% | — | 6 | −$1,929 | |
| 5 | $4,418 | 6.500% | — | 7 | −$1,170 | |
| 6 | $5,331 | 6.500% | — | 12 | −$257 | |
| 7 | $5,360 | 6.625% | — | 6 | −$228 | |
| 8 | $5,496 | 6.125% | — | 5 | −$92 | |
| 9 | $5,967 | 6.750% | — | 4 | +$379 | |
| 10 | $6,129 | 6.375% | — | 5 | +$541 | |
| 11 | $6,209 | 6.375% | — | 8 | +$621 | |
| 12 | $6,349 | 6.688% | — | 6 | +$761 | |
| 13 | $6,391 | 6.500% | — | 11 | +$803 | |
| 14 | $6,636 | 6.625% | — | 60 | +$1,048 | |
| 15 | $6,846 | 6.625% | — | 12 | +$1,258 | |
| 16 | $6,885 | 6.500% | — | 24 | +$1,297 | |
| 17 | $7,091 | 6.750% | — | 10 | +$1,503 | |
| 18 | $7,109 | 6.500% | — | 10 | +$1,521 | |
| 19 | $7,607 | 6.500% | — | 9 | +$2,019 | |
| 20 | $8,616 | 6.500% | — | 5 | +$3,028 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.