Radius Financial is an approved lender with the largest Canadian mortgage insurers – Canada Mortgage and Housing Corporation (CMHC), and Genworth Financial. Our approved lender status allows us to offer products that meet a broad range of mortgage needs, including:
- Conventional and high-ratio mortgages;
- 1 through 5 year fixed rate mortgages;
- Variable rate mortgage (coming soon);
- Up to 95% financing (includes 5% borrowed downpayment);
- Stated income for business-for-self;
- Vacation/secondary homes;
- Investment properties to 80%;
- New to Canada;
- Refinance for debt consolidation, renovations;
- Low payments through long amortizations.
- Up to a 30 year amortization
All Radius mortgages offer competitive product features, including:
- Flexible pre-payment options – prepay up to 20% of your principal at no charge on any payment date during the year and increase your payments by up to 20% once per year;
- Flexible payment options – Monthly, accelerated bi-weekly, accelerated weekly, semi-monthly (any payment date);
- Mortgage may be transferred to a new property or assumed by new purchasers upon qualification;
- Competitive pay out privileges – you may prepay your mortgage in full prior to maturity upon payment of an early discharge penalty that conforms to industry standards;
- Competitive renewals for customers in good payment standing.