Radius Financial: Canada’s Best-Kept Mortgage Secret?

I just got back from an eye-opening trip where I spent quality time with some of Canada’s top mortgage lenders — and one in particular really stood out: Radius Financial. I had the chance to sit down with the VP of the company, dig deep into their full suite of products, and get clarity on what they really offer. Although I’ve worked with Radius off and on over the years, this trip completely reshaped my understanding of them — and I can confidently say: I’ll be doing a lot more business with them this year.

If you’ve never heard of Radius Financial or you’re wondering why you should use them over your own bank, this post is for you. I’m going to answer that question, lay out the pros and cons, and explain exactly what Radius offers — straight from the source.

Who Is Radius Financial?

Radius Financial is a Canadian mortgage-only lender, founded in 2001, and since then they’ve funded over $7 billion in mortgages nationwide. They are not a fly-by-night company — they’ve built deep credibility in the industry.

They’ve carved out a solid niche, especially when it comes to clients who typically get overlooked:

• New to Canada borrowers

• Self-employed individuals

• First-time home buyers

• Real estate investors

And here’s the kicker: Their rates are often better than what you’ll get from a big bank. They’re running some aggressive promotions right now — and this isn’t a one-off. Radius consistently comes in lower than most lenders.

Why Haven’t You Heard of Them?

Because they’re not your everyday retail bank. Radius Financial is an online-only lender that works almost exclusively through mortgage brokers — not branches. That means you won’t see Radius ads on bus stops or storefronts. But don’t let that fool you — they’re a high-performance, award-winning institution.

Radius has been awarded nine Gold Medals by CMP (Canadian Mortgage Professionals) over the past decade. That level of recognition doesn’t happen by accident.

Why I’m Choosing Radius Financial for My Clients

✅ They Actually Want to Approve You

Unlike many lenders tightening up approval criteria, Radius still has a “make it work” mindset. They’re flexible. They’ll dig a little deeper, try a bit harder, and find creative solutions when others walk away.

✅ Unmatched Speed

Their underwriting is lightning-fast. In hot markets like Vancouver, Toronto, Edmonton, or Calgary, speed can mean the difference between closing a deal and losing it. Radius can often approve mortgages within 3–4 days — a huge win for clients with tight condition dates.

✅ Competitive Rates

Radius often comes in cheaper than traditional banks on interest rates — especially during promotional periods. I constantly rate-shop for my clients, and Radius has consistently delivered.

✅ Broker-First Approach

You can’t just walk into Radius — you need a broker. That’s a good thing. As your broker, I ensure you get the best deal and the right product fit — not just a one-size-fits-all mortgage.

What Products Does Radius Offer?

Their mortgage product suite is full-service and extremely competitive:

• First Mortgages (including 5% down options for qualified buyers)

• Second Mortgages

• Fixed and Variable Rate Mortgages

• 25- and 30-Year Amortizations

• Mortgages for New Construction and Existing Homes

• New to Canada Mortgage Programs

• Investment Property Mortgages (20% down minimum)

• Alternative Lending (for those with 20%+ down but don’t qualify traditionally)

• Refinancing Solutions

They also operate across all of Canada, making them a true nationwide lender.

Tech-Forward and Investor Friendly

Radius isn’t just about mortgages. They’re also embracing blockchain technology through a program called Mo Returns, allowing investors to potentially earn 12–18% annually by investing in real estate-backed products. It’s part of their broader mission to democratize real estate investment and make homeownership more accessible.

They don’t offer chequing accounts, RRSPs, or TFSAs — they’re not a bank in the traditional sense. They are a laser-focused mortgage powerhouse.

Real Reviews from Real Clients

Positive Reviews:

• “Great mortgage rates and smooth approval process. The team was highly professional and responsive.”

• “Radius offered me a mortgage when traditional banks wouldn’t.”

• “One of the best lenders in Canada for fast underwriting and approval.”

Negative Reviews:

• “Variable rates can fluctuate unexpectedly.” (To be fair, this is true of every lender.)

• “Delays in customer service responses.” (This can happen when lenders are swamped — not unique to Radius.)

Bottom line: every lender has flaws, but Radius scores high marks where it matters — rates, flexibility, and speed.

Who Is Radius Financial Right For?

✅ Perfect If You Are:

• Looking for low rates

• Comfortable with online banking

• Need fast mortgage approvals

• Self-employed, new to Canada, or a first-time buyer

• An investor needing flexibility

⛔ Not Ideal If You Are:

• Someone who prefers face-to-face banking

• Looking to consolidate all banking services (chequing, TFSA, RRSP, etc.)

• Uncomfortable with online platforms

Final Thoughts

Radius Financial is one of Canada’s best-kept mortgage secrets — but not for long. I plan to do a ton of business with them this year, and I wouldn’t say that lightly.

Their ability to move fast, approve flexibly, and offer ultra-competitive rates makes them an excellent fit for many Canadians — especially in today’s fast-paced and high-stakes real estate market.

If your broker is recommending Radius Financial, or if you’re wondering if they’re the right fit for you, don’t hesitate to call me directly. I’ve spent the time, done the research, and built the relationships. I’ll make sure you get straight answers and the best deal possible.

Have questions about Radius Financial or your mortgage options? Reach out to me today — I’m here to help.
– Sean Rampersaud