
Kwik Mortgage Refinance
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Community Rating |
Rating not yet determined |
Loan Amount | Up to $3,000,000 |
Loan Term (Years) | 15 - 30 years |
Kwik Mortgage Refinance Review
Kwik Mortgage Refinance is offered by Kwik Mortgage Corporation (NMLS #138075), a direct lender founded in 1998 and based in S Plainfield, NJ. Kwik Mortgage Refinance are available in 8 states across the USA.
Key Takeaways
- 3 different mortgage programs offered. Kwik Mortgage Refinance refinances FHA, USDA, VA, conforming, and conventional mortgages.
- Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
- Standard interest rates types. Kwik Mortgage Refinance offers and fixed-rate mortgages.
- Primary and secondary homes considered. Investment homes, such as rental properties, do not qualify for refinancing. However, Kwik Mortgage Refinance does offer refinancing for primary and secondary homes (e.g. vacation properties).
- Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
Kwik Mortgage Refinance Pros & Cons
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Kwik Mortgage Refinance FAQ
What is the maximum loan term for a mortgage refinance via Kwik Mortgage?
The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Kwik Mortgage Refinance offers mortgage refinancing with terms ranging from 15 to 30 years.
How long does Kwik Mortgage take to refinance?
Generally, it takes Kwik Mortgage around day to complete a refinance. Of course, this is just an estimate. The exact time will vary depending on the lender and the market.
Does Kwik Mortgage charge a mortgage origination fee?
Yes, Kwik Mortgage Refinance will charge a loan origination fee.
What mortgage programs does Kwik Mortgage offer?
Kwik Mortgage Refinance offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does Kwik Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Kwik Mortgage Refinance allows the following property usage types:
- Primary home
Contact
- Headquarters
-
1 Cragwood Road,
Suite 103A
S Plainfield, NJ 07080 USA - (908) 769-5151
- Visit Site
- Email Support
Other Services by Kwik Mortgage Corporation
Availability
- California
- Connecticut
- Florida
- Maryland
- New Jersey
- Pennsylvania
- Texas
- Virginia
Kwik Mortgage Refinance Community Reviews
Would you recommend Kwik Mortgage Refinance to your friends?
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