18-Day Closing Guarantee
The Kwik Mortgage Closing Guarantee offers assurance to applicants purchasing a home with a Kwik mortgage that will close on or before the Contract Closing date, or the customer will receive monetary compensation in the form of a check, post-closing.
To be eligible for the Kwik Closing guarantee, the applicant(s) must:
The Kwik Closing Guarantee will not apply in any of the following cases:
Kwik reserves the right to amend, terminate, or withdraw the Kwik Closing Guarantee at any time without prior notice. All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply.
Any awards transferred at or outside closing in may be considered miscellaneous income received from Kwik and we may be required to send you, and file with the IRS, a Form 1099-MISC (Miscellaneous Income) for the year in which you participate and are awarded the benefits of the program. You are responsible for any tax liability related to participating in the program. Please consult your tax advisor if you have any questions about your personal tax situation.