Applications / Mortgage Analytics / Lenders / New Jersey / Kwik Mortgage
Parsippany, NJ · Independent non-bank lender · CFPB · 734 loans in 2025
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734
loans originated, 2025
1,052
applications, 2025
19
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Kwik Mortgage, a New Jersey mortgage company, makes large conventional loans, and grew faster than most similar lenders in 2025.
Conventional loans made up 98.2% of its lending, against 68.4% at similar lenders, independent mortgage companies making between half and twice as many loans. Its typical loan was $435,000, against $325,000 at its peers, larger than at about four in five of them. Purchases were 56.1% of its loans and refinances 43.9%.
Its loans rose 13%, from 651 to 734, faster than the 2% of similar lenders and the 10% of the whole market. It made 3,716 loans in 2020, when its typical rate was 2.75%; with refinances still 43.9% of its book, higher rates, which make refinancing less worthwhile, may account for some of the fall since.
Only 8.4% of its loans went to low- and moderate-income borrowers, against 26.1% at similar lenders, lower than at more than nine in ten of them. Its large loans, and its near absence from loans insured by the Federal Housing Administration, which many such borrowers use, are possible reasons. Its share of loans in majority-minority neighborhoods, 35.0%, was higher than at about two-thirds of its peers.
Its strongest position is in Trenton-Princeton, where it ranked 35 of 365 lenders with 0.7% of lending, unchanged from 2024. It lends in 19 states and in 2025 entered Peoria, Jacksonville in North Carolina, and Wichita Falls.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Kwik Mortgage took 1,052 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 56.1% · Refinance 43.9%
Conventional 98.2% · FHA 1.8% · of 734 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| New Jersey | 315 | 42.9% |
| Texas | 84 | 11.4% |
| North Carolina | 80 | 10.9% |
| California | 40 | 5.4% |
| Pennsylvania | 40 | 5.4% |
| Florida | 32 | 4.4% |
| Georgia | 29 | 4.0% |
| Maryland | 21 | 2.9% |
| Virginia | 20 | 2.7% |
| South Carolina | 17 | 2.3% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Lakewood-New Brunswick | 169 |
| New York-Jersey City-White Plains | 51 |
| Newark | 48 |
| Charlotte-Concord-Gastonia | 38 |
| Dallas-Plano-Irving | 37 |
| Trenton-Princeton | 31 |
| Houston-Pasadena-The Woodlands | 16 |
| Camden | 15 |
| Atlanta-Sandy Springs-Roswell | 14 |
| Allentown-Bethlehem-Easton | 13 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 2549004CU9LAM5CYA280 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 5163021 | 2017–2023 |
| Respondent ID (the HMDA filer code before 2018) | 7223626334 |
Established 4 December 1998. Reported under HMDA 2013-2025.
Mergers, name changes, data editions and corrections: Kwik Mortgage's data.
Kwik Mortgage's data
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Kwik Mortgage and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
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