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Velocity Financial, Inc.

Velocity Financial, Inc. operates as a real estate finance company in the United States. It originates, securitizes, and manages a portfolio of loans, which are secured by first mortgage liens on income-producing and/or owner/user commercial properties, including investor 1-4, a 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. The company also finances for retail properties with various types of retail products and merchandise or services; commercial properties occupied by professional or business offices; and warehouse and other properties, which include self-storage units, auto services, hospitality, light industrial, and other commercial enterprises, as well as provides short-term and interest-only loans for acquisition and improvement of 1-4-unit residential properties. It offers its products through a network of independent mortgage brokers for independent real estate investors and small business owners. The company was founded in 2004 and is headquartered in Westlake Village, California.

Market Cap

$623.9M

Volume

26.5K

Cash and Equivalents

$44.1M

EBITDA

N/A

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$124.1M

Profit Margin

76.70%

52 Week High

$20.85

52 Week Low

$14.51

Dividend

N/A

Price / Book Value

1.29

Price / Earnings

10.26

Price / Tangible Book Value

1.31

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

$86.7M

Return on Equity

14.28%

Return on Assets

1.39

Cash and Short Term Investments

$44.1M

Debt

$4.6B

Equity

$487.7M

Revenue

$161.8M

Unlevered FCF

N/A

Sector

Financial Services

Category

N/A

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