Radius Financial Group Mortgage Rates, Fees & Info
NORWELL, MALEI: 549300GCEUZLVML1J263
Tax ID: 04-3483190
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Mortgage Data
Review & Overview
Radius Financial Group is a small mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Radius Financial Group has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Boston, Worcester, Providence, Miami, and Barnstable Town among others. We have data for 93 markets. (Some data included below & more in-depth data is available with an active subscription.)Radius Financial Group has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Radius Financial Group is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.75% | 2/24/25 |
| 30 Year Conventional Refi | 6.68% | 2/24/25 |
| 30 Year Cash-out Refi | 6.86% | 2/24/25 |
| 30 Year FHA Purchase | 7.27% | 2/24/25 |
| 30 Year FHA Refi | 6.99% | 2/24/25 |
| 30 Year VA Purchase | 6.32% | 2/24/25 |
| 30 Year USDA Purchase | 6.69% | 2/24/25 |
| 15 Year Conventional Purchase | 5.66% | 2/24/25 |
| 15 Year Conventional Refi | 6.25% | 2/24/25 |
| 15 Year Cash-out Refi | 6.25% | 2/24/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Radius Financial Group Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,860Origination Dollar Volume (All Markets)
$1,301,810,000Awards
RADIUS FINANCIAL GROUP - 2021
RADIUS FINANCIAL GROUP is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1,788 | $702,560,000 | $392,931 | $4,443 | 2.97% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 319 | $99,455,000 | $311,771 | $5,001 | 3.07% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 291 | $89,055,000 | $306,031 | $4,371 | 3.02% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 184 | $70,020,000 | $380,543 | $5,346 | 2.84% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 204 | $65,790,000 | $322,500 | $3,998 | 2.93% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 203 | $54,565,000 | $268,793 | $4,636 | 2.92% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 186 | $41,000,000 | $220,430 | $4,178 | 2.86% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 88 | $27,410,000 | $311,477 | $4,205 | 2.89% |
| Outside of Metro Areas | 63 | $15,865,000 | $251,825 | $3,859 | 3.06% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 53 | $12,445,000 | $234,811 | $4,255 | 3.25% |
| ASHEVILLE, NC (FHA|USDA|VA) | 58 | $11,440,000 | $197,241 | $4,097 | 2.86% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 32 | $10,270,000 | $320,938 | $4,385 | 2.85% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 25 | $7,445,000 | $297,800 | $4,067 | 2.88% |
| Concord, NH (FHA|USDA|VA) | 21 | $7,035,000 | $335,000 | $3,952 | 2.87% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 27 | $6,055,000 | $224,259 | $4,016 | 3.10% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 17 | $5,895,000 | $346,765 | $3,097 | 2.99% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 18 | $5,650,000 | $313,889 | $5,105 | 3.16% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 16 | $4,300,000 | $268,750 | $4,303 | 2.98% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 20 | $4,060,000 | $203,000 | $4,120 | 2.97% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 14 | $3,720,000 | $265,714 | $3,557 | 3.03% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 11 | $2,805,000 | $255,000 | $4,031 | 2.96% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 7 | $2,555,000 | $365,000 | $4,684 | 2.87% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 11 | $2,535,000 | $230,455 | $2,994 | 3.05% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 8 | $2,520,000 | $315,000 | $5,198 | 2.92% |
| Jefferson, GA (FHA|USDA|VA) | 8 | $2,500,000 | $312,500 | $5,335 | 3.06% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $2,450,000 | $612,500 | $6,596 | 2.94% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 11 | $2,235,000 | $203,182 | $3,958 | 2.90% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 7 | $2,105,000 | $300,714 | $5,813 | 2.84% |
| Laconia, NH (FHA|USDA|VA) | 6 | $1,940,000 | $323,333 | $3,448 | 3.10% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 4 | $1,940,000 | $485,000 | $3,350 | 3.06% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 4 | $1,790,000 | $447,500 | $2,798 | 3.19% |
| GAINESVILLE, GA (FHA|USDA|VA) | 6 | $1,740,000 | $290,000 | $3,521 | 3.17% |
| Lebanon, NH-VT (FHA|USDA|VA) | 8 | $1,660,000 | $207,500 | $2,963 | 2.87% |
| SPARTANBURG, SC (FHA|USDA|VA) | 5 | $1,525,000 | $305,000 | $3,411 | 2.82% |
| Vineyard Haven, MA (FHA|USDA|VA) | 4 | $1,470,000 | $367,500 | $2,925 | 2.84% |
| PITTSFIELD, MA (FHA|USDA|VA) | 7 | $1,115,000 | $159,286 | $4,533 | 3.54% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $4,195 | 2.67% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 7 | $1,095,000 | $156,429 | $3,619 | 2.86% |
| BANGOR, ME (FHA|USDA|VA) | 6 | $1,090,000 | $181,667 | $3,320 | 2.78% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 7 | $1,055,000 | $150,714 | $3,808 | 3.13% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $5,964 | 3.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $4,751 | 3.25% |
| Cornelia, GA (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $4,041 | 3.06% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $3,614 | 2.79% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $5,883 | 3.25% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $5,992 | 2.74% |
| SAVANNAH, GA (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $3,303 | 2.78% |
| COLUMBIA, SC (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $4,208 | 3.67% |
| Keene, NH (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $2,102 | 2.71% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $4,034 | 3.21% |
| Forest City, NC (FHA|USDA|VA) | 4 | $560,000 | $140,000 | $3,549 | 2.91% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $3,099 | 2.63% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $4,098 | 3.13% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $3,788 | 2.54% |
| Key West, FL (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $4,273 | 2.93% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $4,046 | 2.75% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $5,238 | 3.13% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $17,136 | 4.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $3,730 | 3.06% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,254 | 3.00% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $2,802 | 3.49% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $4,176 | 3.69% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $2,441 | 3.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,379 | 2.88% |
| Berlin, NH (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,904 | 3.00% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $3,688 | 2.87% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,747 | 3.75% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $10,684 | 3.25% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,160 | 2.63% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,856 | 2.88% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $2,191 | 2.75% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $9,839 | 2.25% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $3,704 | 4.50% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,656 | 2.63% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,324 | 2.88% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,071 | 2.99% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,805 | 3.63% |
| Torrington, CT (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $1,453 | 2.69% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,085 | 2.88% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $3,628 | 3.92% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,099 | 3.88% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,347 | 2.75% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $3,289 | 3.31% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,413 | 2.75% |
| Brevard, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,095 | 2.50% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,827 | 2.62% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,834 | 3.13% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,936 | 2.75% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,233 | 2.75% |
| Thomasville, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,815 | 3.13% |
| Palatka, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,999 | 3.63% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,463 | 3.25% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,496 | 3.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against RADIUS FINANCIAL GROUP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2021, Radius Financial Group's most frequently originated type of loan was Conventional, with 3,381 originations. Their 2nd most popular type was FHA, with 317 originations.
Loan Reason
For 2021, Radius Financial Group's most frequently cited loan purpose was Home Purchase, with 1,682 originations. The 2nd most popular reason was Refi, with 1,288 originations.
Loan Duration/Length
For 2021, Radius Financial Group's most frequently cited loan duration was 30 Year, with 3,239 originations. The 2nd most popular length was 15 Year, with 324 originations.
Origination Fees/Closing Costs
Radius Financial Group's average total fees were $4,660, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,897 originations.
Interest Rates
During 2021, Radius Financial Group's average interest rate for loans was 3.04%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,682 originations.
Loan Sizing
2021 saw Radius Financial Group place emphasis on $200k-400k loans with 1,990 originations, totaling $587,290,000 in origination value.
Applicant Income
Radius Financial Group lent most frequently to those with incomes in the $100k-150k range, with 961 originations. The second most popular income band? $50k-75k, with 780 originations.
Applicant Debt to Income Ratio
Radius Financial Group lent most frequently to those with DTI ratios of 30-36%, with 757 originations. The next most common DTI ratio? 20-30%, with 718 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.61%
Radius Financial Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination85.34%
Radius Financial Group has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,860 | $1,301,810,000 | $337,256 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3,860 | $1,301,810,000 | $337,256 |