A-lender monolines

Radius Financial mortgage review — a broker's perspective

Broker-channel monoline focused on insured + insurable A-lender mortgages. Now part of First National's family of brands. Known for predictable underwriting and clean rate sheets.

Founded: Founded 2008
Headquarters: Toronto, ON
Products: 3 product types
Tier: A-lender monolines
Broker licence: FSRA #13737 broker

Start Pre-Approval See live rates 4.9 ★★★★★ Google Radius Financial website

Reviewed by Mortgage Squad Advisors Editorial Team · Licensed Mortgage Advisors · Reviewed by the Principal Broker

FSRA Brokerage #13737 · 15+ years · Last reviewed May 13, 2026

Where Radius Financial stands out

Who is Radius Financial good for?

Radius Financial suits rate-sensitive borrowers wanting 10-25 bps below Big-6 and insured first-time buyer files with full doc. It is strongest on: Insured A-lender, Insurable transfers, First National backing, Predictable underwriting.

Strong fit for

Rate-sensitive borrowers wanting 10-25 bps below Big-6
Insured first-time buyer files with full doc
Insurable transfers from a Big-6 at renewal
Borrowers comfortable with broker-only access (no branch)

Probably not the right fit if

Borrowers who require in-branch service
Files with non-standard income (most monolines stick to clean files)
Newcomers without 3+ months Canadian credit history
Complex refinances needing in-person review

Not sure where your file fits? Start a free pre-qualification and we’ll check your fit across 99+ lenders — no credit check to begin.

Overview

What kind of lender is Radius Financial?

Radius Financial sits within the a-lender monolines tier of Canada's mortgage market. Broker-channel non-bank funders. Typically 10-25 bps below the Big-6 on insured + insurable purchases.

Working across 99+ Canadian lenders, our brokerage knows Radius Financial's underwriting appetite — what they say yes to, what they push back on, and what file structure gets a clean approval the first time. Radius Financial is broker-channel only, meaning the only way to access their rate sheet is through a licensed mortgage brokerage like ours.

Live · updated Oct 24, 2026

How does Radius Financial price its mortgages today?

These are Radius Financial's lowest current rates across 37 broker-channel products in our live feed. Your exact rate depends on your file, term, down payment and insurance.

5-yr fixed

4.39%

5-yr variable

3.60%

3-yr fixed

4.44%

1-yr fixed

4.89%

Full live rate board Get your exact rate

Product menu

What mortgages does Radius Financial offer?

Radius Financial funds 3 mortgage types. We can access its full broker-channel menu.

Purchase
Renewal
Refinance

First-time buyer Renewal Refinance

Bank direct vs broker channel

Should you go to Radius Financial directly or use a broker?

Radius Financial sells only through brokers, so a licensed brokerage like ours is the way in. We’re not employees of Radius Financial. We’re an independent FSRA-licensed brokerage that sends your file to Radius Financial when it’s the best fit — and to a different lender when it’s not.

Going direct to Radius Financial vs. through us

Aspect	Direct with Radius Financial	Through Mortgage Squad Advisors
Rate sheet	Broker-channel only — no direct retail access	Direct broker-channel access — our day-one cost
Lenders shopped	Just Radius Financial	99+ lenders incl. Radius Financial
If declined	Application ends; reapply elsewhere	Re-route to next-best lender same day
Cost to borrower	$0 — bank pays its own staff	$0 — lender pays our compensation
Underwriting strategy	Radius Financial's lens only	We structure your file to Radius Financial's preferences before submission
Renewal benchmarking	Radius Financial sends a single offer; you accept or counter	We benchmark across 99+ lenders 120 days before renewal

Same Radius Financial loan documents. Different shopping power. Start a pre-qualification to see what your file looks like across 99+ lenders.

How we work with Radius Financial

Discovery
A 5-minute call about your income, credit, down payment, home and timeline. No credit check to start.
Match
We compare your file with 99+ lenders, not just Radius Financial. If Radius Financial fits best, we go there.
Submit
We send a full package to Radius Financial's broker desk, set up the way their underwriters like it.
Funding
Approval, conditions, lawyer, funding. We manage every step.

Alternatives

Other a-lender monolines we shop alongside Radius Financial

Same tier, often similar rates. We compare Radius Financial with these every time.

Pine

Digital-first application

Nesto

Digital-first underwriting

True North Mortgage

Aggressive insured rates

IG Wealth Management

Wealth-management bundled pricing

MCAP

Aggressive insured pricing

First National

Prime insured pricing

By city

Radius Financial mortgage broker — major Canadian cities

We place Radius Financial files across Canada. Pick your city for local market context.

Toronto Vaughan Mississauga Brampton Markham Oakville Richmond Hill Burlington

Don’t see your city? Browse all Canadian markets — we lend nationally.

FAQ

Radius Financial — common questions

Don’t see yours? Ask Maya.

What are Radius Financial's current mortgage rates in Canada?

Radius Financial's rates change daily and are channel-specific — branch rates differ from broker-channel rates. As a brokerage we access Radius Financial's broker-channel sheet, typically 15-30 bps below their walk-in rate. Our live rate board (last reviewed May 13, 2026) shows current best-in-network across 99+ lenders. See our live rate board.

How do I qualify for a mortgage with Radius Financial?

Standard Canadian qualifying: 5%+ down (under 20% requires CMHC/Sagen/Canada Guaranty default insurance), OSFI B-20 stress test at the higher of contract rate + 2% or 5.25%, GDS ≤ 39% and TDS ≤ 44%. Radius Financial's underwriting has specific preferences we know from working with them — we'll tell you whether your file is a strong fit before submitting.

Is Radius Financial a good mortgage lender?

Radius Financial is genuinely strong on: Insured A-lender, Insurable transfers, First National backing. As your broker we evaluate Radius Financial against 99+ other Canadian lenders for your specific file — sometimes they're the best fit, sometimes a different lender is. The honest answer depends on your file profile, not the lender's marketing.

Can I switch to Radius Financial at renewal?

Yes, if your file qualifies. A transfer-in at renewal typically costs you $0 — Radius Financial covers the discharge fee from your old lender and the appraisal as a transfer incentive. We benchmark Radius Financial's offer against your existing lender's renewal rate and the broader market 6 months before renewal so the switch (or stay) is timed properly.

Does Radius Financial work with self-employed borrowers?

Radius Financial focuses on standard A-lender files. For self-employed borrowers we'd typically place at a specialty BFS lender (Home Trust, Equitable, RFA, Haventree) and refinance to Radius Financial once 2 clean NOAs accumulate. See our self-employed mortgages.

How long does Radius Financial take to approve a mortgage?

Radius Financial's commitment turnaround on a clean broker-channel file is typically 24-72 hours from submission. Complex files (BFS, foreign income, atypical down payment) can take 5-10 business days. Conditional approval to funding is usually 14-30 days depending on appraisal, lawyer, and conditions.

What's the difference between Radius Financial branch rates and broker rates?

Radius Financial is broker-channel only — they do not sell mortgages direct to the public, so there is no retail rate to compare against. Their entire pricing comes through licensed brokers.

Does Radius Financial offer pre-approvals?

Yes — Radius Financial, like all major Canadian lenders, offers rate holds (typically 90-120 days) for pre-approved borrowers. We can submit your file to Radius Financial for a real underwritten pre-approval, not just a soft rate-hold. This means if rates rise you're locked, and if they fall most lenders honour the lower rate. Start your pre-approval here.

What prepayment privileges does Radius Financial offer?

Most major Canadian lenders including Radius Financial offer 15-20% annual lump-sum prepayment plus 15-20% payment-increase privileges per anniversary year. The exact privilege depends on the specific product family (insured/insurable/conventional) and term selected. We disclose the privileges and IRD calculation method up front so you know your exit cost before you sign.

What if Radius Financial declines my mortgage application?

As a broker we don't single-submit — if Radius Financial declines, we have 98+ other lender options across A-tier, alt-A, MIC, and private. We'll diagnose the decline reason (credit, income, LTV, property type, beacon), fix what's fixable, and re-strategize. A bank decline ends your bank application; with us, it's one route taken off the map and we pivot.

Pillar guides relevant to Radius Financial files

The First-Time Buyer Roadmap

Our most comprehensive first-time-buyer guide. Pre-approval to closing day, the FHSA + RRSP Home Buyers' Plan stack, 30-year insured amortization for first-time buyers, the stress test in plain English, and closing-day costs.

The Renewal Playbook

Your bank's first renewal offer is an opening bid. This playbook covers the 21-day federal notice rule, the lender early-renewal window (often up to 120 days), and how to compare your bank's offer against the market instead of auto-renewing.

The Refinance Decision Framework

Refinancing isn't always a win. This guide gives you the break-even method we use: penalty + fees vs. monthly savings, with three illustrative scenarios (rate drop, debt consolidation, equity take-out).

Related lenders

Same broker. Different lender appetite.

Meridian Credit Union Vancity Desjardins Alterna Savings

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Editorial commitment

This page is an editorial profile written from our brokerage’s perspective. We are not employed by Radius Financial and receive no payment from Radius Financial for this content. We compensate-disclose: on A-lender files the lender pays our brokerage compensation, and we earn the same regardless of which A-lender funds your file — so our recommendations are rate-agnostic. Rates and program details are reviewed quarterly; last reviewed May 13, 2026.

Get the best-fit lender for your file.

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