Velocity Commercial Capital LLC Mortgage Lending & HMDA Data, 2016
In 2016, Velocity Commercial Capital LLC of Westlake Village, CA reported 1,464 mortgage applications totaling $462.8 million, down 46% from 2015. The average application was for $316,100, and applicants reported an average income of $73,549. 60% of its applications resulted in an originated loan and 10% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (344), Los Angeles-Long Beach-Glendale, CA (83) and Newark, NJ-PA (80) (applications in parentheses).
| Mortgage Company & Address | Velocity Commercial Capital LLC 2945 Townsgate Road Suite 110 Westlake Village, CA 91361 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2011 2010 2009 2008 2007 |
| Total Number of Mortgage Applications | 1,464 |
| Total Mortgage Loan Application Amount | $462,771,000 |
| Average Mortgage Loan Application Amount | $316,100 |
| Highest Mortgage Loan Application Amount | $5,000,000 |
| Average Applicant Income | $73,549 |
| Highest Applicant Income | $5,243,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Velocity Commercial Capital LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Kings, New York | 96 | $ 60,400,000 | $ 629,166 | $ 52,000 |
| Los Angeles, California | 83 | $ 34,085,000 | $ 410,662 | $ 1,000 |
| Queens, New York | 65 | $ 27,510,000 | $ 423,230 | $ 161,000 |
| Essex, New Jersey | 57 | $ 11,395,000 | $ 199,912 | $ 67,000 |
| Miami-Dade, Florida | 52 | $ 14,050,000 | $ 270,192 | $ 92,000 |
| Hudson, New Jersey | 46 | $ 10,597,000 | $ 230,369 | $ 156,000 |
| Fairfield, Connecticut | 45 | $ 14,624,000 | $ 324,977 | $ 151,000 |
| Passaic, New Jersey | 42 | $ 9,770,000 | $ 232,619 | $ 113,000 |
| Philadelphia, Pennsylvania | 39 | $ 7,320,000 | $ 187,692 | $ 45,000 |
| Broward, Florida | 33 | $ 6,841,000 | $ 207,303 | $ 99,000 |
| Hartford, Connecticut | 32 | $ 7,590,000 | $ 237,187 | $ 37,000 |
| Providence, Rhode Island | 31 | $ 4,156,000 | $ 134,064 | $ 77,000 |
| Suffolk, New York | 30 | $ 7,747,000 | $ 258,233 | $ 117,000 |
| District of Columbia, District Of Columbia | 24 | $ 12,798,000 | $ 533,250 | $ 96,000 |
| Alameda, California | 23 | $ 11,721,000 | $ 509,608 | $ 2,000 |
| Nassau, New York | 21 | $ 6,759,000 | $ 321,857 | $ 61,000 |
| Sacramento, California | 20 | $ 4,407,000 | $ 220,350 | $ 70,000 |
| Palm Beach, Florida | 20 | $ 3,925,000 | $ 196,250 | $ 69,000 |
| Westchester, New York | 20 | $ 6,001,000 | $ 300,050 | $ 78,000 |
| Union, New Jersey | 16 | $ 4,830,000 | $ 301,875 | $ 99,000 |
| Bronx, New York | 16 | $ 6,707,000 | $ 419,187 | $ 88,000 |
| Bergen, New Jersey | 15 | $ 3,586,000 | $ 239,066 | $ 118,000 |
| New Haven, Connecticut | 14 | $ 1,745,000 | $ 124,642 | $ 52,000 |
| Maricopa, Arizona | 13 | $ 3,314,000 | $ 254,923 | $ 9,000 |
| Orange, California | 12 | $ 4,878,000 | $ 406,500 | $ 0 |
| San Bernardino, California | 12 | $ 3,094,000 | $ 257,833 | $ 31,000 |
| Baltimore City, Maryland | 12 | $ 2,207,000 | $ 183,916 | $ 64,000 |
| Allegheny, Pennsylvania | 12 | $ 2,053,000 | $ 171,083 | $ 11,000 |
| Riverside, California | 11 | $ 2,951,000 | $ 268,272 | $ 0 |
| Fulton, Georgia | 11 | $ 6,054,000 | $ 550,363 | $ 144,000 |
| Monmouth, New Jersey | 10 | $ 2,685,000 | $ 268,500 | $ 38,000 |
| Richmond, New York | 10 | $ 4,504,000 | $ 450,400 | $ 39,000 |
| Baltimore, Maryland | 9 | $ 1,296,000 | $ 144,000 | $ 219,000 |
| Clark, Nevada | 9 | $ 1,555,000 | $ 172,777 | $ 15,000 |
| San Diego, California | 8 | $ 3,350,000 | $ 418,750 | $ 0 |
| Charlotte, Florida | 8 | $ 855,000 | $ 106,875 | $ 1,548,000 |
| Montgomery, Maryland | 8 | $ 2,305,000 | $ 288,125 | $ 169,000 |
| Plymouth, Massachusetts | 8 | $ 1,758,000 | $ 219,750 | $ 83,000 |
| Mercer, New Jersey | 8 | $ 1,353,000 | $ 169,125 | $ 52,000 |
| Middlesex, New Jersey | 8 | $ 1,123,000 | $ 140,375 | $ 136,000 |
| Denver, Colorado | 7 | $ 2,167,000 | $ 309,571 | $ 18,000 |
| Pinellas, Florida | 7 | $ 1,815,000 | $ 259,285 | $ 34,000 |
| Prince George's, Maryland | 7 | $ 1,058,000 | $ 151,142 | $ 7,000 |
| Bristol, Massachusetts | 7 | $ 1,167,000 | $ 166,714 | $ 43,000 |
| Worcester, Massachusetts | 7 | $ 1,083,000 | $ 154,714 | $ 131,000 |
| Cuyahoga, Ohio | 7 | $ 1,146,000 | $ 163,714 | $ 14,000 |
| Hamilton, Ohio | 7 | $ 1,641,000 | $ 234,428 | $ 0 |
| Lehigh, Pennsylvania | 7 | $ 712,000 | $ 101,714 | $ 100,000 |
| Harris, Texas | 7 | $ 5,758,000 | $ 822,571 | $ 0 |
| Arapahoe, Colorado | 6 | $ 1,719,000 | $ 286,500 | $ 0 |
| DeKalb, Georgia | 6 | $ 1,221,000 | $ 203,500 | $ 28,000 |
| Essex, Massachusetts | 6 | $ 1,084,000 | $ 180,666 | $ 51,000 |
| Montgomery, Ohio | 6 | $ 2,806,000 | $ 467,666 | $ 16,000 |
| Delaware, Pennsylvania | 6 | $ 862,000 | $ 143,666 | $ 36,000 |
| Tarrant, Texas | 6 | $ 1,883,000 | $ 313,833 | $ 52,000 |
| Fresno, California | 5 | $ 6,068,000 | $ 1,213,600 | $ 0 |
| Lee, Florida | 5 | $ 1,371,000 | $ 274,200 | $ 156,000 |
| Chatham, Georgia | 5 | $ 694,000 | $ 138,800 | $ 0 |
| Honolulu, Hawaii | 5 | $ 1,961,000 | $ 392,200 | $ 0 |
| Marion, Indiana | 5 | $ 1,829,000 | $ 365,800 | $ 20,000 |
| Rockland, New York | 5 | $ 1,718,000 | $ 343,600 | $ 76,000 |
| Mahoning, Ohio | 5 | $ 915,000 | $ 183,000 | $ 0 |
| Lackawanna, Pennsylvania | 5 | $ 843,000 | $ 168,600 | $ 28,000 |
| San Mateo, California | 4 | $ 2,861,000 | $ 715,250 | $ 0 |
| Orleans, Louisiana | 4 | $ 456,000 | $ 114,000 | $ 92,000 |
| Norfolk, Massachusetts | 4 | $ 1,174,000 | $ 293,500 | $ 143,000 |
| Atlantic, New Jersey | 4 | $ 466,000 | $ 116,500 | $ 123,000 |
| Burlington, New Jersey | 4 | $ 811,000 | $ 202,750 | $ 0 |
| Morris, New Jersey | 4 | $ 1,567,000 | $ 391,750 | $ 52,000 |
| Santa Fe, New Mexico | 4 | $ 1,667,000 | $ 416,750 | $ 0 |
| Albany, New York | 4 | $ 1,363,000 | $ 340,750 | $ 0 |
| New York, New York | 4 | $ 2,568,000 | $ 642,000 | $ 120,000 |
| Orange, New York | 4 | $ 706,000 | $ 176,500 | $ 70,000 |
| Ulster, New York | 4 | $ 452,000 | $ 113,000 | $ 76,000 |
| Bucks, Pennsylvania | 4 | $ 642,000 | $ 160,500 | $ 97,000 |
| Kent, Rhode Island | 4 | $ 848,000 | $ 212,000 | $ 72,000 |
| Dallas, Texas | 4 | $ 3,039,000 | $ 759,750 | $ 0 |
| Milwaukee, Wisconsin | 4 | $ 890,000 | $ 222,500 | $ 0 |
| Jefferson, Alabama | 3 | $ 659,000 | $ 219,666 | $ 0 |
| Montgomery, Alabama | 3 | $ 249,000 | $ 83,000 | $ 0 |
| Mohave, Arizona | 3 | $ 544,000 | $ 181,333 | $ 98,000 |
| Kern, California | 3 | $ 639,000 | $ 213,000 | $ 0 |
| San Joaquin, California | 3 | $ 421,000 | $ 140,333 | $ 68,000 |
| San Luis Obispo, California | 3 | $ 2,948,000 | $ 982,666 | $ 36,000 |
| Santa Clara, California | 3 | $ 2,011,000 | $ 670,333 | $ 0 |
| Adams, Colorado | 3 | $ 450,000 | $ 150,000 | $ 0 |
| Middlesex, Connecticut | 3 | $ 396,000 | $ 132,000 | $ 128,000 |
| New Castle, Delaware | 3 | $ 671,000 | $ 223,666 | $ 48,000 |
| Collier, Florida | 3 | $ 1,618,000 | $ 539,333 | $ 59,000 |
| Orange, Florida | 3 | $ 346,000 | $ 115,333 | $ 89,000 |
| St. Lucie, Florida | 3 | $ 995,000 | $ 331,666 | $ 49,000 |
| Volusia, Florida | 3 | $ 1,320,000 | $ 440,000 | $ 0 |
| Hampshire, Massachusetts | 3 | $ 568,000 | $ 189,333 | $ 0 |
| Jackson, Missouri | 3 | $ 904,000 | $ 301,333 | $ 0 |
| Ocean, New Jersey | 3 | $ 1,220,000 | $ 406,666 | $ 107,000 |
| Franklin, Ohio | 3 | $ 425,000 | $ 141,666 | $ 0 |
| Dauphin, Pennsylvania | 3 | $ 557,000 | $ 185,666 | $ 16,000 |
| Travis, Texas | 3 | $ 328,000 | $ 109,333 | $ 86,000 |
| Fairfax, Virginia | 3 | $ 949,000 | $ 316,333 | $ 39,000 |
| Richmond City, Virginia | 3 | $ 1,030,000 | $ 343,333 | $ 0 |
| Pierce, Washington | 3 | $ 889,000 | $ 296,333 | $ 0 |
| Snohomish, Washington | 3 | $ 1,152,000 | $ 384,000 | $ 0 |
| Contra Costa, California | 2 | $ 415,000 | $ 207,500 | $ 87,000 |
| Lassen, California | 2 | $ 144,000 | $ 72,000 | $ 0 |
| Napa, California | 2 | $ 770,000 | $ 385,000 | $ 0 |
| Shasta, California | 2 | $ 256,000 | $ 128,000 | $ 0 |
| Stanislaus, California | 2 | $ 176,000 | $ 88,000 | $ 0 |
| Broomfield, Colorado | 2 | $ 422,000 | $ 211,000 | $ 39,000 |
| Pueblo, Colorado | 2 | $ 434,000 | $ 217,000 | $ 0 |
| Brevard, Florida | 2 | $ 260,000 | $ 130,000 | $ 98,000 |
| Indian River, Florida | 2 | $ 393,000 | $ 196,500 | $ 119,000 |
| Manatee, Florida | 2 | $ 842,000 | $ 421,000 | $ 51,000 |
| Osceola, Florida | 2 | $ 280,000 | $ 140,000 | $ 280,000 |
| Sarasota, Florida | 2 | $ 177,000 | $ 88,500 | $ 90,000 |
| Cobb, Georgia | 2 | $ 197,000 | $ 98,500 | $ 0 |
| Floyd, Georgia | 2 | $ 1,050,000 | $ 525,000 | $ 0 |
| Gwinnett, Georgia | 2 | $ 212,000 | $ 106,000 | $ 48,000 |
| Houston, Georgia | 2 | $ 555,000 | $ 277,500 | $ 52,000 |
| Hawaii, Hawaii | 2 | $ 665,000 | $ 332,500 | $ 0 |
| Jefferson, Louisiana | 2 | $ 406,000 | $ 203,000 | $ 66,000 |
| Washington, Maryland | 2 | $ 466,000 | $ 233,000 | $ 0 |
| Suffolk, Massachusetts | 2 | $ 620,000 | $ 310,000 | $ 0 |
| Hinds, Mississippi | 2 | $ 316,000 | $ 158,000 | $ 45,000 |
| St. Louis, Missouri | 2 | $ 334,000 | $ 167,000 | $ 0 |
| St. Louis City, Missouri | 2 | $ 316,000 | $ 158,000 | $ 0 |
| Cascade, Montana | 2 | $ 330,000 | $ 165,000 | $ 0 |
| Washoe, Nevada | 2 | $ 368,000 | $ 184,000 | $ 0 |
| Camden, New Jersey | 2 | $ 212,000 | $ 106,000 | $ 33,000 |
| Somerset, New Jersey | 2 | $ 409,000 | $ 204,500 | $ 87,000 |
| Dutchess, New York | 2 | $ 222,000 | $ 111,000 | $ 66,000 |
| Monroe, New York | 2 | $ 188,000 | $ 94,000 | $ 0 |
| Wake, North Carolina | 2 | $ 736,000 | $ 368,000 | $ 39,000 |
| Butler, Ohio | 2 | $ 575,000 | $ 287,500 | $ 43,000 |
| Multnomah, Oregon | 2 | $ 832,000 | $ 416,000 | $ 0 |
| Newport, Rhode Island | 2 | $ 689,000 | $ 344,500 | $ 118,000 |
| Berkeley, South Carolina | 2 | $ 1,200,000 | $ 600,000 | $ 0 |
| Charleston, South Carolina | 2 | $ 1,137,000 | $ 568,500 | $ 0 |
| Bell, Texas | 2 | $ 839,000 | $ 419,500 | $ 0 |
| Webb, Texas | 2 | $ 1,450,000 | $ 725,000 | $ 0 |
| Chesterfield, Virginia | 2 | $ 269,000 | $ 134,500 | $ 50,000 |
| Norfolk, Virginia | 2 | $ 259,000 | $ 129,500 | $ 45,000 |
| Roanoke City, Virginia | 2 | $ 255,000 | $ 127,500 | $ 0 |
| King, Washington | 2 | $ 771,000 | $ 385,500 | $ 0 |
| Yuma, Arizona | 1 | $ 123,000 | $ 123,000 | $ 109,000 |
| Drew, Arkansas | 1 | $ 350,000 | $ 350,000 | $ 0 |
| Pulaski, Arkansas | 1 | $ 98,000 | $ 98,000 | $ 0 |
| Calaveras, California | 1 | $ 141,000 | $ 141,000 | $ 0 |
| Monterey, California | 1 | $ 245,000 | $ 245,000 | $ 95,000 |
| San Francisco, California | 1 | $ 1,170,000 | $ 1,170,000 | $ 0 |
| Santa Barbara, California | 1 | $ 81,000 | $ 81,000 | $ 0 |
| Sonoma, California | 1 | $ 532,000 | $ 532,000 | $ 0 |
| Sutter, California | 1 | $ 259,000 | $ 259,000 | $ 0 |
| Ventura, California | 1 | $ 375,000 | $ 375,000 | $ 190,000 |
| Yuba, California | 1 | $ 202,000 | $ 202,000 | $ 120,000 |
| Clear Creek, Colorado | 1 | $ 266,000 | $ 266,000 | $ 289,000 |
| El Paso, Colorado | 1 | $ 273,000 | $ 273,000 | $ 0 |
| New London, Connecticut | 1 | $ 300,000 | $ 300,000 | $ 87,000 |
| Windham, Connecticut | 1 | $ 350,000 | $ 350,000 | $ 0 |
| Flagler, Florida | 1 | $ 107,000 | $ 107,000 | $ 75,000 |
| Hernando, Florida | 1 | $ 100,000 | $ 100,000 | $ 0 |
| Hillsborough, Florida | 1 | $ 95,000 | $ 95,000 | $ 323,000 |
| Leon, Florida | 1 | $ 585,000 | $ 585,000 | $ 0 |
| Monroe, Florida | 1 | $ 606,000 | $ 606,000 | $ 193,000 |
| Okaloosa, Florida | 1 | $ 250,000 | $ 250,000 | $ 0 |
| Pasco, Florida | 1 | $ 99,000 | $ 99,000 | $ 191,000 |
| Walton, Florida | 1 | $ 350,000 | $ 350,000 | $ 0 |
| Clayton, Georgia | 1 | $ 1,645,000 | $ 1,645,000 | $ 0 |
| Muscogee, Georgia | 1 | $ 36,000 | $ 36,000 | $ 0 |
| Maui, Hawaii | 1 | $ 265,000 | $ 265,000 | $ 78,000 |
| Hamilton, Indiana | 1 | $ 95,000 | $ 95,000 | $ 379,000 |
| Hancock, Indiana | 1 | $ 465,000 | $ 465,000 | $ 0 |
| St. Joseph, Indiana | 1 | $ 104,000 | $ 104,000 | $ 0 |
| Tippecanoe, Indiana | 1 | $ 333,000 | $ 333,000 | $ 0 |
| East Baton Rouge, Louisiana | 1 | $ 2,750,000 | $ 2,750,000 | $ 0 |
| Plaquemines, Louisiana | 1 | $ 210,000 | $ 210,000 | $ 73,000 |
| Anne Arundel, Maryland | 1 | $ 128,000 | $ 128,000 | $ 161,000 |
| Harford, Maryland | 1 | $ 158,000 | $ 158,000 | $ 111,000 |
| Kent, Maryland | 1 | $ 75,000 | $ 75,000 | $ 140,000 |
| Barnstable, Massachusetts | 1 | $ 88,000 | $ 88,000 | $ 126,000 |
| Middlesex, Massachusetts | 1 | $ 386,000 | $ 386,000 | $ 90,000 |
| Warren, Mississippi | 1 | $ 578,000 | $ 578,000 | $ 0 |
| Clay, Missouri | 1 | $ 139,000 | $ 139,000 | $ 0 |
| Cape May, New Jersey | 1 | $ 200,000 | $ 200,000 | $ 114,000 |
| Cumberland, New Jersey | 1 | $ 81,000 | $ 81,000 | $ 0 |
| Gloucester, New Jersey | 1 | $ 147,000 | $ 147,000 | $ 68,000 |
| Hunterdon, New Jersey | 1 | $ 675,000 | $ 675,000 | $ 0 |
| San Juan, New Mexico | 1 | $ 100,000 | $ 100,000 | $ 0 |
| Broome, New York | 1 | $ 86,000 | $ 86,000 | $ 133,000 |
| Columbia, New York | 1 | $ 200,000 | $ 200,000 | $ 0 |
| Erie, New York | 1 | $ 189,000 | $ 189,000 | $ 158,000 |
| Niagara, New York | 1 | $ 179,000 | $ 179,000 | $ 144,000 |
| Oneida, New York | 1 | $ 1,100,000 | $ 1,100,000 | $ 0 |
| Orleans, New York | 1 | $ 124,000 | $ 124,000 | $ 0 |
| Rensselaer, New York | 1 | $ 100,000 | $ 100,000 | $ 0 |
| Cleveland, North Carolina | 1 | $ 1,350,000 | $ 1,350,000 | $ 0 |
| Davidson, North Carolina | 1 | $ 750,000 | $ 750,000 | $ 180,000 |
| Durham, North Carolina | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Guilford, North Carolina | 1 | $ 693,000 | $ 693,000 | $ 0 |
| Nash, North Carolina | 1 | $ 170,000 | $ 170,000 | $ 0 |
| Wayne, North Carolina | 1 | $ 121,000 | $ 121,000 | $ 0 |
| Greene, Ohio | 1 | $ 938,000 | $ 938,000 | $ 0 |
| Lorain, Ohio | 1 | $ 127,000 | $ 127,000 | $ 0 |
| Lucas, Ohio | 1 | $ 338,000 | $ 338,000 | $ 0 |
| Medina, Ohio | 1 | $ 308,000 | $ 308,000 | $ 0 |
| Portage, Ohio | 1 | $ 300,000 | $ 300,000 | $ 0 |
| Stark, Ohio | 1 | $ 120,000 | $ 120,000 | $ 0 |
| Summit, Ohio | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Trumbull, Ohio | 1 | $ 182,000 | $ 182,000 | $ 0 |
| Tulsa, Oklahoma | 1 | $ 92,000 | $ 92,000 | $ 78,000 |
| Jackson, Oregon | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Josephine, Oregon | 1 | $ 180,000 | $ 180,000 | $ 0 |
| Lane, Oregon | 1 | $ 441,000 | $ 441,000 | $ 0 |
| Washington, Oregon | 1 | $ 302,000 | $ 302,000 | $ 0 |
| Chester, Pennsylvania | 1 | $ 213,000 | $ 213,000 | $ 0 |
| Lancaster, Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Washington, Pennsylvania | 1 | $ 207,000 | $ 207,000 | $ 0 |
| Washington, Rhode Island | 1 | $ 650,000 | $ 650,000 | $ 0 |
| Aiken, South Carolina | 1 | $ 420,000 | $ 420,000 | $ 0 |
| Horry, South Carolina | 1 | $ 213,000 | $ 213,000 | $ 0 |
| Lancaster, South Carolina | 1 | $ 126,000 | $ 126,000 | $ 76,000 |
| York, South Carolina | 1 | $ 106,000 | $ 106,000 | $ 91,000 |
| Sevier, Tennessee | 1 | $ 190,000 | $ 190,000 | $ 0 |
| Shelby, Tennessee | 1 | $ 273,000 | $ 273,000 | $ 0 |
| Bastrop, Texas | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Bexar, Texas | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Collin, Texas | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Coryell, Texas | 1 | $ 131,000 | $ 131,000 | $ 0 |
| El Paso, Texas | 1 | $ 191,000 | $ 191,000 | $ 0 |
| Hidalgo, Texas | 1 | $ 198,000 | $ 198,000 | $ 0 |
| Jefferson, Texas | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Kendall, Texas | 1 | $ 319,000 | $ 319,000 | $ 0 |
| Montgomery, Texas | 1 | $ 280,000 | $ 280,000 | $ 0 |
| Taylor, Texas | 1 | $ 2,625,000 | $ 2,625,000 | $ 0 |
| Williamson, Texas | 1 | $ 368,000 | $ 368,000 | $ 0 |
| Davis, Utah | 1 | $ 109,000 | $ 109,000 | $ 0 |
| Salt Lake, Utah | 1 | $ 1,365,000 | $ 1,365,000 | $ 0 |
| Summit, Utah | 1 | $ 700,000 | $ 700,000 | $ 0 |
| Gloucester, Virginia | 1 | $ 480,000 | $ 480,000 | $ 0 |
| Hampton, Virginia | 1 | $ 298,000 | $ 298,000 | $ 120,000 |
| Prince William, Virginia | 1 | $ 413,000 | $ 413,000 | $ 0 |
| Cowlitz, Washington | 1 | $ 94,000 | $ 94,000 | $ 101,000 |
| Skagit, Washington | 1 | $ 413,000 | $ 413,000 | $ 0 |
| Spokane, Washington | 1 | $ 228,000 | $ 228,000 | $ 0 |
| Dane, Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Laramie, Wyoming | 1 | $ 135,000 | $ 135,000 | $ 96,000 |
Mortgage Loan Application Detail Totals for Velocity Commercial Capital LLC in 2016
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 1,110 | $356,368,000 | $321,000 | $5,000,000 | $75,000 | $5,243,000 |
| Home Purchase | 354 | $106,403,000 | $300,000 | $1,523,000 | $69,000 | $1,141,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not Provided | 467 | $142,731,000 | $305,000 | $2,800,000 | $74,000 | $5,243,000 |
| White | 434 | $145,294,000 | $334,000 | $5,000,000 | $84,000 | $1,560,000 |
| Hispanic | 242 | $67,891,000 | $280,000 | $2,350,000 | $61,000 | $778,000 |
| Black or African American | 168 | $51,590,000 | $307,000 | $1,755,000 | $60,000 | $328,000 |
| Asian | 137 | $48,522,000 | $354,000 | $2,625,000 | $83,000 | $1,482,000 |
| Native Hawaiin or Other Pacific Islander | 9 | $2,782,000 | $309,000 | $750,000 | $22,000 | $180,000 |
| American Indian or Alaskan Native | 7 | $3,961,000 | $565,000 | $1,450,000 | $46,000 | $126,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,464 | $462,771,000 | $316,000 | $5,000,000 | $74,000 | $5,243,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 885 | $250,639,000 | $283,000 | $2,800,000 | $107,000 | $5,243,000 |
| Application Approved But Not Accepted | 218 | $76,624,000 | $351,000 | $2,625,000 | $30,000 | $720,000 |
| Application Denied By Financial Institution | 141 | $55,738,000 | $395,000 | $4,500,000 | $12,000 | $300,000 |
| File Closed For Incompleteness | 113 | $37,351,000 | $330,000 | $2,625,000 | $32,000 | $778,000 |
| Application Withdrawn By Applicant | 107 | $42,419,000 | $396,000 | $5,000,000 | $11,000 | $646,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Collateral | 70 | $29,378,000 | $419,000 | $4,500,000 | $6,000 | $240,000 |
| Credit History | 22 | $7,742,000 | $351,000 | $1,500,000 | $16,000 | $300,000 |
| Other | 16 | $6,321,000 | $395,000 | $1,253,000 | $47,000 | $223,000 |
| Unverifiable Information | 13 | $5,507,000 | $423,000 | $1,250,000 | $0 | $0 |
| Credit Application Incomplete | 1 | $126,000 | $126,000 | $126,000 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Velocity Commercial Capital LLC's 2016 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Velocity Commercial Capital LLC's mortgage approval patterns.
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For a list of all lenders in California, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
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