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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