Velocity Financial, Inc., a leading real estate finance company in the United States, has been making waves in the industry lately. The company specializes in originating and acquiring loans secured by mortgage liens on income-producing and/or owner/user commercial properties. These include investor 1-4, non-owner occupied residential rental properties with 1-4 units, residential apartments combined with office or retail space, and multi-family comprising traditional apartment buildings, condominiums, and other residential properties with 5+ units. In addition to these, Velocity Financial also finances retail properties with various types of retail products and merchandise or services. They offer commercial properties occupied by professional or business offices, warehouse and other properties, which include self-storage units, auto services, hospitality, light industrial, and other commercial enterprises. Their short-term and interest-only loans are ideal for the acquisition and improvement of 1-4-unit residential properties. Velocity Financial's products are available through a network of independent mortgage brokers for independent real estate investors and small business owners. The company was founded in 2004 and has its headquarters in Westlake Village, California. With an impressive track record and expertise in the industry, Velocity Financial is set to make further strides in the coming years.
Velocity Financial's ticker is VEL
The company's shares trade on the LSE stock exchange
They are based in Burnley, England
There are 51-200 employees working at Velocity Financial
It is velfinance.com
Velocity Financial is in the Industrial Goods sector
Velocity Financial is in the Aerospace/Defense - Major Diversified industry
The following five companies are Velocity Financial's industry peers: