Velocity Commercial Capital LLC Mortgage Lending & HMDA Data, 2017

In 2017, Velocity Commercial Capital LLC of Westlake Village, CA reported 2,871 mortgage applications totaling $852.6 million, up 96% from 2016. The average application was for $296,965, and applicants reported an average income of $65,070. 52% of its applications resulted in an originated loan and 6% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (529), Newark, NJ-PA (162) and Los Angeles-Long Beach-Glendale, CA (148) (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 2,871
Total Mortgage Loan Application Amount $852,587,000
Average Mortgage Loan Application Amount $296,965
Highest Mortgage Loan Application Amount $3,800,000
Average Applicant Income $65,070
Highest Applicant Income $9,392,000

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records Velocity Commercial Capital LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Velocity Commercial Capital LLC by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 148 $ 65,091,000 $ 439,804 $ 7,000
Kings, New York 141 $ 101,685,000 $ 721,170 $ 59,000
Essex, New Jersey 110 $ 17,956,000 $ 163,236 $ 50,000
Miami-Dade, Florida 86 $ 19,330,000 $ 224,767 $ 104,000
Queens, New York 72 $ 34,211,000 $ 475,152 $ 125,000
Philadelphia, Pennsylvania 71 $ 10,356,000 $ 145,859 $ 64,000
New Haven, Connecticut 64 $ 8,488,000 $ 132,625 $ 113,000
Hudson, New Jersey 63 $ 19,120,000 $ 303,492 $ 88,000
Suffolk, New York 61 $ 15,701,000 $ 257,393 $ 150,000
Broward, Florida 60 $ 14,156,000 $ 235,933 $ 69,000
San Bernardino, California 55 $ 12,057,000 $ 219,218 $ 27,000
District of Columbia, District Of Columbia 51 $ 23,807,000 $ 466,803 $ 32,000
Hartford, Connecticut 47 $ 6,956,000 $ 148,000 $ 95,000
Palm Beach, Florida 44 $ 12,111,000 $ 275,250 $ 74,000
Baltimore City, Maryland 43 $ 10,748,000 $ 249,953 $ 55,000
Harris, Texas 41 $ 9,992,000 $ 243,707 $ 9,000
Fairfield, Connecticut 40 $ 11,491,000 $ 287,275 $ 122,000
Nassau, New York 40 $ 13,820,000 $ 345,500 $ 104,000
Westchester, New York 40 $ 13,524,000 $ 338,100 $ 108,000
Riverside, California 38 $ 9,355,000 $ 246,184 $ 45,000
Passaic, New Jersey 37 $ 6,375,000 $ 172,297 $ 69,000
Prince George's, Maryland 35 $ 7,160,000 $ 204,571 $ 67,000
Bergen, New Jersey 35 $ 11,084,000 $ 316,685 $ 113,000
Bronx, New York 35 $ 14,233,000 $ 406,657 $ 125,000
King, Washington 30 $ 15,731,000 $ 524,366 $ 46,000
Fulton, Georgia 29 $ 13,348,000 $ 460,275 $ 25,000
Union, New Jersey 27 $ 5,841,000 $ 216,333 $ 47,000
Providence, Rhode Island 27 $ 3,466,000 $ 128,370 $ 46,000
Orange, California 26 $ 11,555,000 $ 444,423 $ 30,000
Lee, Florida 25 $ 5,996,000 $ 239,840 $ 93,000
Sacramento, California 24 $ 5,966,000 $ 248,583 $ 4,000
Orange, Florida 22 $ 4,257,000 $ 193,500 $ 136,000
Monmouth, New Jersey 22 $ 3,817,000 $ 173,500 $ 67,000
Ocean, New Jersey 22 $ 5,195,000 $ 236,136 $ 47,000
San Diego, California 20 $ 11,509,000 $ 575,450 $ 0
Hillsborough, Florida 20 $ 2,931,000 $ 146,550 $ 129,000
New York, New York 20 $ 18,944,000 $ 947,200 $ 77,000
Dallas, Texas 19 $ 3,609,000 $ 189,947 $ 24,000
Essex, Massachusetts 18 $ 4,104,000 $ 228,000 $ 41,000
Alameda, California 17 $ 8,756,000 $ 515,058 $ 70,000
Pinellas, Florida 17 $ 3,973,000 $ 233,705 $ 42,000
Middlesex, Massachusetts 17 $ 7,452,000 $ 438,352 $ 59,000
Atlantic, New Jersey 17 $ 3,449,000 $ 202,882 $ 75,000
Marion, Indiana 16 $ 3,034,000 $ 189,625 $ 32,000
Multnomah, Oregon 16 $ 5,432,000 $ 339,500 $ 7,000
Bexar, Texas 16 $ 3,861,000 $ 241,312 $ 0
Maricopa, Arizona 15 $ 3,285,000 $ 219,000 $ 39,000
Orleans, Louisiana 15 $ 2,928,000 $ 195,200 $ 150,000
Richmond, New York 15 $ 5,678,000 $ 378,533 $ 175,000
Worcester, Massachusetts 14 $ 2,262,000 $ 161,571 $ 98,000
Burlington, New Jersey 13 $ 2,861,000 $ 220,076 $ 46,000
Camden, New Jersey 13 $ 1,667,000 $ 128,230 $ 96,000
Orange, New York 13 $ 1,973,000 $ 151,769 $ 6,000
Middlesex, Connecticut 12 $ 2,469,000 $ 205,750 $ 120,000
DeKalb, Georgia 12 $ 3,073,000 $ 256,083 $ 83,000
Morris, New Jersey 12 $ 2,870,000 $ 239,166 $ 49,000
Mecklenburg, North Carolina 12 $ 2,872,000 $ 239,333 $ 199,000
Montgomery, Ohio 12 $ 2,010,000 $ 167,500 $ 33,000
Hamilton, Ohio 11 $ 1,973,000 $ 179,363 $ 0
Nueces, Texas 11 $ 2,015,000 $ 183,181 $ 4,000
Jefferson, Alabama 10 $ 2,407,000 $ 240,700 $ 0
Hidalgo, Texas 10 $ 2,783,000 $ 278,300 $ 0
Middlesex, New Jersey 9 $ 2,224,000 $ 247,111 $ 179,000
Delaware, Pennsylvania 9 $ 1,688,000 $ 187,555 $ 29,000
Pierce, Washington 9 $ 2,386,000 $ 265,111 $ 0
San Francisco, California 8 $ 6,941,000 $ 867,625 $ 0
Pasco, Florida 8 $ 1,044,000 $ 130,500 $ 92,000
St. Lucie, Florida 8 $ 1,318,000 $ 164,750 $ 49,000
Suffolk, Massachusetts 8 $ 3,684,000 $ 460,500 $ 17,000
Summit, Ohio 8 $ 739,000 $ 92,375 $ 101,000
Charleston, South Carolina 8 $ 2,926,000 $ 365,750 $ 15,000
Portsmouth, Virginia 8 $ 720,000 $ 90,000 $ 168,000
Kitsap, Washington 8 $ 1,224,000 $ 153,000 $ 0
Kern, California 7 $ 1,276,000 $ 182,285 $ 60,000
Ventura, California 7 $ 2,136,000 $ 305,142 $ 45,000
Chatham, Georgia 7 $ 2,627,000 $ 375,285 $ 0
Cobb, Georgia 7 $ 1,378,000 $ 196,857 $ 0
Montgomery, Maryland 7 $ 1,776,000 $ 253,714 $ 44,000
Mercer, New Jersey 7 $ 634,000 $ 90,571 $ 62,000
Forsyth, North Carolina 7 $ 6,366,000 $ 909,428 $ 0
Cuyahoga, Ohio 7 $ 1,870,000 $ 267,142 $ 22,000
Fort Bend, Texas 7 $ 1,573,000 $ 224,714 $ 73,000
Thurston, Washington 7 $ 1,584,000 $ 226,285 $ 51,000
Milwaukee, Wisconsin 7 $ 934,000 $ 133,428 $ 0
Fresno, California 6 $ 971,000 $ 161,833 $ 0
Litchfield, Connecticut 6 $ 961,000 $ 160,166 $ 1,565,000
Sedgwick, Kansas 6 $ 810,000 $ 135,000 $ 0
Plymouth, Massachusetts 6 $ 2,204,000 $ 367,333 $ 20,000
Sussex, New Jersey 6 $ 988,000 $ 164,666 $ 41,000
Allegheny, Pennsylvania 6 $ 1,328,000 $ 221,333 $ 34,000
Northampton, Pennsylvania 6 $ 1,273,000 $ 212,166 $ 0
San Joaquin, California 5 $ 1,097,000 $ 219,400 $ 72,000
Solano, California 5 $ 1,538,000 $ 307,600 $ 0
Seminole, Florida 5 $ 592,000 $ 118,400 $ 64,000
Volusia, Florida 5 $ 1,069,000 $ 213,800 $ 78,000
Lake, Indiana 5 $ 633,000 $ 126,600 $ 0
East Baton Rouge, Louisiana 5 $ 721,000 $ 144,200 $ 48,000
Baltimore, Maryland 5 $ 652,000 $ 130,400 $ 109,000
Hampden, Massachusetts 5 $ 1,317,000 $ 263,400 $ 44,000
Oakland, Michigan 5 $ 1,587,000 $ 317,400 $ 0
Somerset, New Jersey 5 $ 935,000 $ 187,000 $ 70,000
Sandoval, New Mexico 5 $ 971,000 $ 194,200 $ 3,000
Albany, New York 5 $ 1,110,000 $ 222,000 $ 0
Rockland, New York 5 $ 1,312,000 $ 262,400 $ 72,000
Cumberland, North Carolina 5 $ 1,714,000 $ 342,800 $ 1,000
Franklin, Ohio 5 $ 968,000 $ 193,600 $ 62,000
Montgomery, Pennsylvania 5 $ 1,116,000 $ 223,200 $ 103,000
Newport, Rhode Island 5 $ 711,000 $ 142,200 $ 697,000
Tarrant, Texas 5 $ 626,000 $ 125,200 $ 0
Snohomish, Washington 5 $ 1,332,000 $ 266,400 $ 0
Contra Costa, California 4 $ 1,467,000 $ 366,750 $ 0
Merced, California 4 $ 560,000 $ 140,000 $ 0
Stanislaus, California 4 $ 933,000 $ 233,250 $ 0
Brevard, Florida 4 $ 861,000 $ 215,250 $ 72,000
Duval, Florida 4 $ 967,000 $ 241,750 $ 0
Lake, Florida 4 $ 1,005,000 $ 251,250 $ 444,000
Clayton, Georgia 4 $ 938,000 $ 234,500 $ 0
Gwinnett, Georgia 4 $ 759,000 $ 189,750 $ 122,000
Honolulu, Hawaii 4 $ 1,909,000 $ 477,250 $ 0
Wyandotte, Kansas 4 $ 542,000 $ 135,500 $ 0
Cumberland, Maine 4 $ 1,625,000 $ 406,250 $ 0
Berkshire, Massachusetts 4 $ 440,000 $ 110,000 $ 32,000
Bristol, Massachusetts 4 $ 575,000 $ 143,750 $ 0
St. Louis, Missouri 4 $ 1,222,000 $ 305,500 $ 0
Gloucester, New Jersey 4 $ 691,000 $ 172,750 $ 233,000
Oklahoma, Oklahoma 4 $ 320,000 $ 80,000 $ 0
Deschutes, Oregon 4 $ 1,705,000 $ 426,250 $ 0
Berks, Pennsylvania 4 $ 629,000 $ 157,250 $ 0
Erie, Pennsylvania 4 $ 1,007,000 $ 251,750 $ 0
Lehigh, Pennsylvania 4 $ 544,000 $ 136,000 $ 49,000
Galveston, Texas 4 $ 653,000 $ 163,250 $ 0
Lubbock, Texas 4 $ 534,000 $ 133,500 $ 0
McLennan, Texas 4 $ 496,000 $ 124,000 $ 0
Travis, Texas 4 $ 1,058,000 $ 264,500 $ 45,000
Williamson, Texas 4 $ 668,000 $ 167,000 $ 0
Fairfax, Virginia 4 $ 1,709,000 $ 427,250 $ 0
Richmond City, Virginia 4 $ 696,000 $ 174,000 $ 0
Baldwin, Alabama 3 $ 319,000 $ 106,333 $ 126,000
Crittenden, Arkansas 3 $ 343,000 $ 114,333 $ 0
Santa Clara, California 3 $ 1,672,000 $ 557,333 $ 0
Yuba, California 3 $ 648,000 $ 216,000 $ 143,000
Denver, Colorado 3 $ 980,000 $ 326,666 $ 0
El Paso, Colorado 3 $ 588,000 $ 196,000 $ 0
New London, Connecticut 3 $ 753,000 $ 251,000 $ 0
Windham, Connecticut 3 $ 530,000 $ 176,666 $ 0
New Castle, Delaware 3 $ 297,000 $ 99,000 $ 34,000
Indian River, Florida 3 $ 1,139,000 $ 379,666 $ 0
Manatee, Florida 3 $ 511,000 $ 170,333 $ 100,000
Marion, Florida 3 $ 640,000 $ 213,333 $ 0
Monroe, Florida 3 $ 3,007,000 $ 1,002,333 $ 221,000
Sarasota, Florida 3 $ 780,000 $ 260,000 $ 142,000
Vigo, Indiana 3 $ 727,000 $ 242,333 $ 0
Jefferson, Louisiana 3 $ 905,000 $ 301,666 $ 44,000
Frederick, Maryland 3 $ 673,000 $ 224,333 $ 0
Worcester, Maryland 3 $ 555,000 $ 185,000 $ 198,000
Hinds, Mississippi 3 $ 4,013,000 $ 1,337,666 $ 0
Clay, Missouri 3 $ 262,000 $ 87,333 $ 0
Jackson, Missouri 3 $ 429,000 $ 143,000 $ 13,000
St. Charles, Missouri 3 $ 279,000 $ 93,000 $ 0
Dutchess, New York 3 $ 477,000 $ 159,000 $ 166,000
Guilford, North Carolina 3 $ 3,323,000 $ 1,107,666 $ 0
Henderson, North Carolina 3 $ 280,000 $ 93,333 $ 0
Iredell, North Carolina 3 $ 594,000 $ 198,000 $ 60,000
New Hanover, North Carolina 3 $ 350,000 $ 116,666 $ 291,000
Wake, North Carolina 3 $ 844,000 $ 281,333 $ 95,000
Clackamas, Oregon 3 $ 712,000 $ 237,333 $ 0
Washington, Oregon 3 $ 598,000 $ 199,333 $ 0
Kent, Rhode Island 3 $ 416,000 $ 138,666 $ 0
Beaufort, South Carolina 3 $ 713,000 $ 237,666 $ 0
Cameron, Texas 3 $ 315,000 $ 105,000 $ 0
Denton, Texas 3 $ 476,000 $ 158,666 $ 40,000
Norfolk, Virginia 3 $ 1,044,000 $ 348,000 $ 0
Pinal, Arizona 2 $ 416,000 $ 208,000 $ 0
Mono, California 2 $ 613,000 $ 306,500 $ 0
Monterey, California 2 $ 690,000 $ 345,000 $ 0
Santa Barbara, California 2 $ 429,000 $ 214,500 $ 0
Sonoma, California 2 $ 1,355,000 $ 677,500 $ 0
Tulare, California 2 $ 472,000 $ 236,000 $ 70,000
Adams, Colorado 2 $ 798,000 $ 399,000 $ 174,000
Arapahoe, Colorado 2 $ 423,000 $ 211,500 $ 0
Weld, Colorado 2 $ 428,000 $ 214,000 $ 0
Bay, Florida 2 $ 292,000 $ 146,000 $ 56,000
Escambia, Florida 2 $ 1,240,000 $ 620,000 $ 14,000
Osceola, Florida 2 $ 285,000 $ 142,500 $ 31,000
St. Johns, Florida 2 $ 859,000 $ 429,500 $ 0
Henry, Georgia 2 $ 504,000 $ 252,000 $ 237,000
Richmond, Georgia 2 $ 326,000 $ 163,000 $ 0
Rockdale, Georgia 2 $ 166,000 $ 83,000 $ 48,000
Hawaii, Hawaii 2 $ 555,000 $ 277,500 $ 0
Maui, Hawaii 2 $ 490,000 $ 245,000 $ 0
Vanderburgh, Indiana 2 $ 502,000 $ 251,000 $ 0
Livingston, Louisiana 2 $ 246,000 $ 123,000 $ 109,000
Waldo, Maine 2 $ 440,000 $ 220,000 $ 0
Washington, Maryland 2 $ 867,000 $ 433,500 $ 0
Barnstable, Massachusetts 2 $ 369,000 $ 184,500 $ 107,000
Norfolk, Massachusetts 2 $ 796,000 $ 398,000 $ 185,000
Barry, Michigan 2 $ 250,000 $ 125,000 $ 77,000
Livingston, Michigan 2 $ 341,000 $ 170,500 $ 296,000
Wayne, Michigan 2 $ 162,000 $ 81,000 $ 33,000
St. Louis City, Missouri 2 $ 263,000 $ 131,500 $ 0
Clark, Nevada 2 $ 704,000 $ 352,000 $ 0
Hillsborough, New Hampshire 2 $ 355,000 $ 177,500 $ 0
Merrimack, New Hampshire 2 $ 187,000 $ 93,500 $ 0
Cape May, New Jersey 2 $ 1,750,000 $ 875,000 $ 0
Hunterdon, New Jersey 2 $ 380,000 $ 190,000 $ 0
Bernalillo, New Mexico 2 $ 1,568,000 $ 784,000 $ 0
Erie, New York 2 $ 185,000 $ 92,500 $ 0
Monroe, New York 2 $ 247,000 $ 123,500 $ 0
Onondaga, New York 2 $ 199,000 $ 99,500 $ 0
Rensselaer, New York 2 $ 255,000 $ 127,500 $ 0
Durham, North Carolina 2 $ 226,000 $ 113,000 $ 490,000
Mahoning, Ohio 2 $ 335,000 $ 167,500 $ 0
Comanche, Oklahoma 2 $ 598,000 $ 299,000 $ 0
Dauphin, Pennsylvania 2 $ 214,000 $ 107,000 $ 0
Bowie, Texas 2 $ 600,000 $ 300,000 $ 0
Collin, Texas 2 $ 453,000 $ 226,500 $ 51,000
El Paso, Texas 2 $ 386,000 $ 193,000 $ 0
Hays, Texas 2 $ 978,000 $ 489,000 $ 0
Jefferson, Texas 2 $ 420,000 $ 210,000 $ 0
Salt Lake, Utah 2 $ 294,000 $ 147,000 $ 0
Utah, Utah 2 $ 675,000 $ 337,500 $ 0
Chesterfield, Virginia 2 $ 220,000 $ 110,000 $ 0
Prince William, Virginia 2 $ 592,000 $ 296,000 $ 117,000
Whatcom, Washington 2 $ 408,000 $ 204,000 $ 0
Kenosha, Wisconsin 2 $ 207,000 $ 103,500 $ 22,000
Outagamie, Wisconsin 2 $ 189,000 $ 94,500 $ 0
Calhoun, Alabama 1 $ 77,000 $ 77,000 $ 0
Shelby, Alabama 1 $ 175,000 $ 175,000 $ 0
Anchorage, Alaska 1 $ 75,000 $ 75,000 $ 0
Gila, Arizona 1 $ 97,000 $ 97,000 $ 0
Mohave, Arizona 1 $ 119,000 $ 119,000 $ 0
Pima, Arizona 1 $ 120,000 $ 120,000 $ 0
Calaveras, California 1 $ 210,000 $ 210,000 $ 0
Placer, California 1 $ 390,000 $ 390,000 $ 0
San Benito, California 1 $ 900,000 $ 900,000 $ 0
San Mateo, California 1 $ 1,054,000 $ 1,054,000 $ 0
Shasta, California 1 $ 84,000 $ 84,000 $ 0
Yolo, California 1 $ 413,000 $ 413,000 $ 0
Eagle, Colorado 1 $ 750,000 $ 750,000 $ 2,496,000
Alachua, Florida 1 $ 95,000 $ 95,000 $ 189,000
Charlotte, Florida 1 $ 59,000 $ 59,000 $ 0
Clay, Florida 1 $ 79,000 $ 79,000 $ 0
Collier, Florida 1 $ 154,000 $ 154,000 $ 76,000
Flagler, Florida 1 $ 263,000 $ 263,000 $ 72,000
Hernando, Florida 1 $ 91,000 $ 91,000 $ 0
Leon, Florida 1 $ 912,000 $ 912,000 $ 0
Polk, Florida 1 $ 138,000 $ 138,000 $ 143,000
Walton, Florida 1 $ 750,000 $ 750,000 $ 0
Barrow, Georgia 1 $ 105,000 $ 105,000 $ 75,000
Bibb, Georgia 1 $ 126,000 $ 126,000 $ 0
Douglas, Georgia 1 $ 210,000 $ 210,000 $ 0
Floyd, Georgia 1 $ 201,000 $ 201,000 $ 0
Forsyth, Georgia 1 $ 178,000 $ 178,000 $ 0
Jackson, Georgia 1 $ 107,000 $ 107,000 $ 0
Jones, Georgia 1 $ 78,000 $ 78,000 $ 81,000
Kauai, Hawaii 1 $ 980,000 $ 980,000 $ 0
Kane, Illinois 1 $ 67,000 $ 67,000 $ 0
Lake, Illinois 1 $ 80,000 $ 80,000 $ 0
McHenry, Illinois 1 $ 120,000 $ 120,000 $ 0
Brown, Indiana 1 $ 143,000 $ 143,000 $ 0
Fulton, Indiana 1 $ 118,000 $ 118,000 $ 0
Hamilton, Indiana 1 $ 221,000 $ 221,000 $ 0
Hendricks, Indiana 1 $ 93,000 $ 93,000 $ 0
Johnson, Iowa 1 $ 85,000 $ 85,000 $ 0
Riley, Kansas 1 $ 175,000 $ 175,000 $ 0
Hardin, Kentucky 1 $ 750,000 $ 750,000 $ 0
Lafayette, Louisiana 1 $ 100,000 $ 100,000 $ 0
St. Tammany, Louisiana 1 $ 91,000 $ 91,000 $ 130,000
Tangipahoa, Louisiana 1 $ 78,000 $ 78,000 $ 0
Terrebonne, Louisiana 1 $ 100,000 $ 100,000 $ 0
Anne Arundel, Maryland 1 $ 116,000 $ 116,000 $ 96,000
Calvert, Maryland 1 $ 485,000 $ 485,000 $ 0
Cecil, Maryland 1 $ 175,000 $ 175,000 $ 0
Garrett, Maryland 1 $ 280,000 $ 280,000 $ 96,000
Howard, Maryland 1 $ 238,000 $ 238,000 $ 0
St. Mary's, Maryland 1 $ 76,000 $ 76,000 $ 102,000
Franklin, Massachusetts 1 $ 186,000 $ 186,000 $ 0
Berrien, Michigan 1 $ 1,500,000 $ 1,500,000 $ 0
Lenawee, Michigan 1 $ 270,000 $ 270,000 $ 11,000
Macomb, Michigan 1 $ 75,000 $ 75,000 $ 0
Washtenaw, Michigan 1 $ 105,000 $ 105,000 $ 114,000
Gallatin, Montana 1 $ 1,855,000 $ 1,855,000 $ 0
Rockingham, New Hampshire 1 $ 425,000 $ 425,000 $ 0
Cumberland, New Jersey 1 $ 53,000 $ 53,000 $ 0
Warren, New Jersey 1 $ 112,000 $ 112,000 $ 180,000
Greene, New York 1 $ 106,000 $ 106,000 $ 204,000
Montgomery, New York 1 $ 140,000 $ 140,000 $ 192,000
Saratoga, New York 1 $ 82,000 $ 82,000 $ 0
Catawba, North Carolina 1 $ 75,000 $ 75,000 $ 0
Gaston, North Carolina 1 $ 182,000 $ 182,000 $ 0
Granville, North Carolina 1 $ 88,000 $ 88,000 $ 0
Johnston, North Carolina 1 $ 450,000 $ 450,000 $ 0
Macon, North Carolina 1 $ 123,000 $ 123,000 $ 0
Pasquotank, North Carolina 1 $ 77,000 $ 77,000 $ 0
Randolph, North Carolina 1 $ 116,000 $ 116,000 $ 0
Rowan, North Carolina 1 $ 100,000 $ 100,000 $ 0
Wilson, North Carolina 1 $ 750,000 $ 750,000 $ 0
Allen, Ohio 1 $ 179,000 $ 179,000 $ 0
Ashtabula, Ohio 1 $ 175,000 $ 175,000 $ 0
Butler, Ohio 1 $ 74,000 $ 74,000 $ 0
Clermont, Ohio 1 $ 217,000 $ 217,000 $ 0
Licking, Ohio 1 $ 279,000 $ 279,000 $ 0
Lorain, Ohio 1 $ 102,000 $ 102,000 $ 0
Portage, Ohio 1 $ 78,000 $ 78,000 $ 101,000
Tuscarawas, Ohio 1 $ 147,000 $ 147,000 $ 0
Linn, Oregon 1 $ 200,000 $ 200,000 $ 0
Bucks, Pennsylvania 1 $ 174,000 $ 174,000 $ 189,000
Butler, Pennsylvania 1 $ 184,000 $ 184,000 $ 0
Lancaster, Pennsylvania 1 $ 75,000 $ 75,000 $ 123,000
Lebanon, Pennsylvania 1 $ 100,000 $ 100,000 $ 0
Luzerne, Pennsylvania 1 $ 115,000 $ 115,000 $ 0
Union, Pennsylvania 1 $ 265,000 $ 265,000 $ 0
Westmoreland, Pennsylvania 1 $ 300,000 $ 300,000 $ 0
Washington, Rhode Island 1 $ 155,000 $ 155,000 $ 0
Anderson, South Carolina 1 $ 247,000 $ 247,000 $ 0
Berkeley, South Carolina 1 $ 75,000 $ 75,000 $ 0
Fairfield, South Carolina 1 $ 98,000 $ 98,000 $ 0
Horry, South Carolina 1 $ 410,000 $ 410,000 $ 0
Kershaw, South Carolina 1 $ 160,000 $ 160,000 $ 0
Lexington, South Carolina 1 $ 31,000 $ 31,000 $ 0
Richland, South Carolina 1 $ 107,000 $ 107,000 $ 0
Bandera, Texas 1 $ 78,000 $ 78,000 $ 0
Brazoria, Texas 1 $ 312,000 $ 312,000 $ 0
Henderson, Texas 1 $ 213,000 $ 213,000 $ 13,000
Hunt, Texas 1 $ 112,000 $ 112,000 $ 0
Montgomery, Texas 1 $ 278,000 $ 278,000 $ 148,000
Rockwall, Texas 1 $ 163,000 $ 163,000 $ 36,000
Smith, Texas 1 $ 250,000 $ 250,000 $ 0
Taylor, Texas 1 $ 1,600,000 $ 1,600,000 $ 0
Tom Green, Texas 1 $ 81,000 $ 81,000 $ 0
Webb, Texas 1 $ 83,000 $ 83,000 $ 0
Weber, Utah 1 $ 504,000 $ 504,000 $ 0
Accomack, Virginia 1 $ 160,000 $ 160,000 $ 0
Fairfax City, Virginia 1 $ 240,000 $ 240,000 $ 99,000
Hanover, Virginia 1 $ 125,000 $ 125,000 $ 0
Lynchburg, Virginia 1 $ 450,000 $ 450,000 $ 0
Northumberland, Virginia 1 $ 150,000 $ 150,000 $ 0
Rockingham, Virginia 1 $ 99,000 $ 99,000 $ 0
Winchester, Virginia 1 $ 950,000 $ 950,000 $ 0
Benton, Washington 1 $ 198,000 $ 198,000 $ 0
Cowlitz, Washington 1 $ 140,000 $ 140,000 $ 0
Grays Harbor, Washington 1 $ 358,000 $ 358,000 $ 0
Skagit, Washington 1 $ 199,000 $ 199,000 $ 0
Cabell, West Virginia 1 $ 315,000 $ 315,000 $ 0
Kanawha, West Virginia 1 $ 90,000 $ 90,000 $ 0
Ozaukee, Wisconsin 1 $ 281,000 $ 281,000 $ 0
Pierce, Wisconsin 1 $ 110,000 $ 110,000 $ 0

Mortgage Loan Application Detail Totals for Velocity Commercial Capital LLC in 2017

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 2,022 $606,752,000 $300,000 $3,800,000 $63,000 $2,622,000
Home Purchase 849 $245,835,000 $289,000 $3,150,000 $70,000 $9,392,000
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 913 $268,843,000 $294,000 $3,800,000 $64,000 $9,392,000
White 831 $242,057,000 $291,000 $2,610,000 $73,000 $2,622,000
Hispanic 438 $124,069,000 $283,000 $2,500,000 $60,000 $2,496,000
Black or African American 370 $107,328,000 $290,000 $2,000,000 $55,000 $2,368,000
Asian 293 $103,656,000 $353,000 $3,150,000 $59,000 $793,000
American Indian or Alaskan Native 14 $1,985,000 $141,000 $288,000 $167,000 $1,680,000
Native Hawaiian or Other Pacific Islander 12 $4,649,000 $387,000 $1,400,000 $59,000 $240,000
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) 2,871 $852,587,000 $296,000 $3,800,000 $65,000 $9,392,000
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 1,490 $419,988,000 $281,000 $1,875,000 $103,000 $9,392,000
Application Withdrawn By Applicant 1,170 $369,959,000 $316,000 $3,800,000 $23,000 $1,495,000
Application Denied By Financial Institution 175 $51,314,000 $293,000 $3,150,000 $17,000 $315,000
Application Approved But Not Accepted 28 $8,741,000 $312,000 $1,680,000 $110,000 $466,000
File Closed For Incompleteness 8 $2,585,000 $323,000 $910,000 $27,000 $216,000
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 114 $28,351,000 $248,000 $3,150,000 $10,000 $315,000
Credit History 42 $12,032,000 $286,000 $1,781,000 $29,000 $313,000
Other 15 $9,541,000 $636,000 $1,500,000 $30,000 $196,000
Unverifiable Information 3 $915,000 $305,000 $511,000 $58,000 $174,000
Credit Application Incomplete 1 $475,000 $475,000 $475,000 $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 2017 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. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in California, download the full spreadsheet with aggregated HMDA statistics today.

Download the California Lender List