Radius Financial Mortgage Lender Profile
Generally for Buyers and owners anywhere in Canada working with a broker, including first-time buyers, newcomers to Canada and self-employed applicants.
Who they are
Radius Financial Inc. Is a Toronto-based mortgage lender that distributes through the mortgage broker channel, where a licensed broker submits your file. It was founded in 2001 by Alex Haditaghi and grew out of an online brokerage into a national lender. Radius states that it has funded more than $35 billion in mortgages and helped over 200,000 families become homeowners. It describes itself as a technology-driven lender and was voted Canada's number one mortgage lender by mortgage professionals in 2021 and 2022. It lends across Canada, mainly in urban and suburban residential markets.
What they lend on, and who for
Radius has historically been a prime lender offering insured and conventional residential mortgages, and industry coverage indicates that it also takes part in alternative and near-prime lending. Its product themes have included insured mortgages for first-time buyers and low down payments, new-to-Canada financing, self-employed and alt-A programmes, purchase-plus-improvements, second homes and rental properties. Brokers describe its underwriting as common-sense. Radius has gone through periods of reduced visibility in the broker market, so it is worth asking your broker to confirm what it currently offers, and on what terms, before your file is placed there.
How to approach Radius Financial
You can contact Radius Financial yourself; nothing stops you. What you cannot easily find out is what they will actually accept. How they read self-employed income, which add-backs they allow, how they treat rental income, and what they will accept in place of the documents you cannot produce — none of that is published in full anywhere, and it moves.
A licensed broker who places files with lenders like this every week knows those criteria, and more usefully knows how to structure a file so it lands inside them rather than just outside. On anything that is not a straightforward salaried purchase, that structuring is most of the difference between an approval and a decline. It costs you nothing on a prime mortgage — the lender pays the broker when it funds.
| Lender type | Monoline |
| Registered as | Radius Financial Inc. |
| Head office | UNVERIFIED - see notes |
| Website | radiusfinancial.ca |
| Phone | 416-366-4321 |
Get notified 90 days before your renewal
Your lender contacts you at 30 days, when you have no time to shop. We reach you at 90 — early enough to lock a hold and personalize your offers.
Borrower ratings for Radius Financial
In today’s world, reviews dictate the service industry. Brokers have taken the hit for bad lenders. We bring the consumer experience to light to help borrowers decide.
How quickly did they issue a commitment and get to funding?
Was the rate you got competitive for the product you qualified for?
Could you reach someone, and did they resolve things?
Portal, e-signing, document upload, online account — did it work?
Were the terms, fees and penalties clear before you signed?
Worked with Radius Financial?
Score them on the five things above. We confirm every review by email before it publishes, and we publish the bad ones too.
Questions about Radius Financial
Is Radius Financial a real mortgage lender?
Yes. Radius Financial is a monoline. Its own site is radiusfinancial.ca.
What kind of lender is Radius Financial?
Monoline. Mortgages and nothing else, sold through brokers. Best pricing in the market and usually the fairest penalty formulas. Most Canadians have never heard of them, which is exactly what this directory is for.
Should I go to Radius Financial directly or through a broker?
You can approach them yourself. The reason most people do not is that a lender's real criteria — how income is read, what is accepted as documentation, what will be allowed as an exception — are not published, and they change. A broker who works with Radius Financial regularly knows them and knows how to present a file to fit them, which on anything other than a simple salaried purchase is usually what decides the answer. On a prime mortgage it costs you nothing either way, because the lender pays the broker when it funds.
Would Radius Financial approve me?
No profile page can answer that, and any site that tries is guessing. It turns on how your income is earned and how much of it a lender will count, your credit history, the property itself, and how much you need against what it is worth. Those are the questions a licensed broker asks before naming a lender — and they will tell you which ones realistically fit, this one included, and which would price it better.
Where does Radius Financial lend?
Lending areas change and are not always the same as where the lender is based — confirm current coverage with the lender or a broker before planning around it.
Would Radius Financial take your file?
Send us the details and a licensed broker will tell you which lenders fit — this one included, and the ones that would price it better.
Send us the file