radius financial group inc., a privately owned mortgage banker headquartered in Norwell, has closed on an additional Warehouse Lending Facility with Gateway Federal Savings Bank of San Leandro, Calif.

This facility, in addition to their existing warehouse facilities, will allow radius to continue growing its mortgage banking operations in Massachusetts and the other New England states that it is licensed in, the company said in a statement.

"Our ability to secure additional financing resources in this very difficult credit environment is further validation of our superior business model, our reputation in the secondary mortgage market and the commitment of every associate of radius to operational excellence and integrity," said Keith Polaski, principal and COO.

radius financial group inc. provides residential and commercial mortgages to homeowners and commercial real estate investors throughout New England and Florida. They have additional offices in Plymouth, Mass. and Rochester, N.H.