Velocity Financial, Inc. is a vertically integrated real estate finance company that primarily originates and manages business purpose loans secured by 1-4-unit residential rental and small commercial properties. It originates loans nationwide across an extensive network of independent mortgage brokers. The Company's portfolio provides loans held for investment. The Company’s typical investor real estate loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its portfolio of loans held for investment totaled $5.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. Th Company funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitized debt, corporate debt and equity.
Ticker SymbolVEL
Company nameVelocity Financial Inc
IPO dateJan 17, 2020
CEOFarrar (Christopher D)
Number of employees309
Security typeOrdinary Share
Fiscal year-endJan 17
Address2945 Townsgate Road
CityWESTLAKE VILLAGE
Stock exchangeNASDAQ OMX NASDAQ Basic NYSE
CountryUnited States of America
Postal code91361
Phone18665053863
Websitehttps://www.velfinance.com/
Ticker SymbolVEL
IPO dateJan 17, 2020
CEOFarrar (Christopher D)
A total of
0.00
USD has been distributed in dividends over the past 5 years.

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