VELOCITY FINANCIAL INC (VEL)
Financials · Non-agency real estate finance / investor property lending · NYSE
Vertically integrated real estate lender specializing in non-traditional investor loans for residential and commercial properties, with $6.5 billion in portfolio and funding through securitization.
What VELOCITY FINANCIAL INC does
Velocity Financial is a vertically integrated real estate finance company that originates, manages, and funds investor loans secured by 1-4 unit residential rental and commercial properties. The company's primary revenue comes from interest income on its loan portfolio, which totaled $6.5 billion in unpaid principal balance as of December 31, 2025, with an average loan size of approximately $390,000. The company funds its portfolio through warehouse facilities, securitized debt, and corporate debt, and has executed 46 securitized debt offerings since 2011.
Themes: ["Non-QM mortgage origination","Real estate investment lending","Securitization and asset-backed securities","Residential rental property finance"]
Fundamentals
- Price$17.60 as of 2026-07-09 close
- Market cap$688M as of 2026-07-10
- 1-year return-5.1% as of 2026-07-09 close
- P/E6.34 as of 2026-07-10
- Net margin+20.6% as of 2026-07-10
- Gross margin+106.0% as of 2026-07-10
- ROE+16.7% as of 2026-07-10
- Debt / equity9.69 as of 2026-07-10
- Revenue growth (YoY)+18.0% as of 2026-07-10
- Beta0.70 as of 2026-07-10
Key risks (from latest filing)
["Interest rate risk and exposure to changes in funding costs on corporate debt and warehouse facilities","Credit risk on the loan portfolio with concentration in residential rental properties","Reliance on securitization market for long-term, non-recourse financing and refinancing ability"]
Competitors & peers
- Figure Technologies
- Lend Up
- Visio Lending
- Trinity Capital Inc (TRIN)
- Ready Capital Corporation (RC)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.