Velocity Commercial Capital LLC Mortgage Lending & HMDA Data, 2023

In 2023, Velocity Commercial Capital LLC of Westlake Village, CA reported 2,544 mortgage applications totaling $870.6 million, down 27% from 2022. The average application was for $342,213, and applicants reported an average income of $0. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (148), Philadelphia, PA (126) and Atlanta-Sandy Springs-Roswell, GA (105) (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 2,544
Total Mortgage Loan Application Amount $870,590,000
Average Mortgage Loan Application Amount $342,213
Highest Mortgage Loan Application Amount $5,505,000
Average Applicant Income $0
Highest Applicant Income $0

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records Velocity Commercial Capital LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Philadelphia, Pennsylvania 111 $ 20,535,000 $ 185,000 $ 0
Miami-Dade, Florida 77 $ 37,945,000 $ 492,792 $ 0
Los Angeles, California 70 $ 55,180,000 $ 788,285 $ 0
Cook, Illinois 59 $ 10,515,000 $ 178,220 $ 0
Harris, Texas 57 $ 17,665,000 $ 309,912 $ 0
Wayne, Michigan 55 $ 9,405,000 $ 171,000 $ 0
Baltimore City, Maryland 43 $ 7,355,000 $ 171,046 $ 0
Cuyahoga, Ohio 41 $ 5,335,000 $ 130,121 $ 0
Fulton, Georgia 40 $ 14,540,000 $ 363,500 $ 0
Kings, New York 40 $ 28,630,000 $ 715,750 $ 0
Allegheny, Pennsylvania 35 $ 4,765,000 $ 136,142 $ 0
Milwaukee, Wisconsin 33 $ 4,525,000 $ 137,121 $ 0
Palm Beach, Florida 32 $ 15,560,000 $ 486,250 $ 0
Essex, New Jersey 28 $ 9,380,000 $ 335,000 $ 0
Orleans, Louisiana 27 $ 7,765,000 $ 287,592 $ 0
Clark, Nevada 24 $ 9,790,000 $ 407,916 $ 0
Queens, New York 24 $ 16,500,000 $ 687,500 $ 0
Maricopa, Arizona 23 $ 13,185,000 $ 573,260 $ 0
Orange, Florida 23 $ 8,475,000 $ 368,478 $ 0
Jefferson, Alabama 22 $ 2,770,000 $ 125,909 $ 0
DeKalb, Georgia 22 $ 6,040,000 $ 274,545 $ 0
Erie, New York 22 $ 2,880,000 $ 130,909 $ 0
Broward, Florida 21 $ 13,575,000 $ 646,428 $ 0
Mercer, New Jersey 21 $ 7,325,000 $ 348,809 $ 0
Polk, Florida 20 $ 7,270,000 $ 363,500 $ 0
Dallas, Texas 20 $ 6,210,000 $ 310,500 $ 0
Lee, Florida 19 $ 7,965,000 $ 419,210 $ 0
St. Louis, Missouri 19 $ 3,025,000 $ 159,210 $ 0
Hillsborough, Florida 18 $ 5,690,000 $ 316,111 $ 0
Shelby, Tennessee 18 $ 2,370,000 $ 131,666 $ 0
Riverside, California 17 $ 11,825,000 $ 695,588 $ 0
Hudson, New Jersey 17 $ 8,295,000 $ 487,941 $ 0
Cobb, Georgia 16 $ 3,920,000 $ 245,000 $ 0
Bergen, New Jersey 16 $ 6,180,000 $ 386,250 $ 0
Alameda, California 15 $ 11,155,000 $ 743,666 $ 0
San Bernardino, California 15 $ 7,295,000 $ 486,333 $ 0
Duval, Florida 15 $ 3,285,000 $ 219,000 $ 0
Prince George's, Maryland 15 $ 4,265,000 $ 284,333 $ 0
Suffolk, New York 15 $ 6,615,000 $ 441,000 $ 0
Mecklenburg, North Carolina 15 $ 5,295,000 $ 353,000 $ 0
Delaware, Pennsylvania 15 $ 2,165,000 $ 144,333 $ 0
Bexar, Texas 15 $ 3,775,000 $ 251,666 $ 0
District of Columbia, District Of Columbia 14 $ 6,390,000 $ 456,428 $ 0
Camden, New Jersey 14 $ 2,000,000 $ 142,857 $ 0
Bronx, New York 14 $ 6,080,000 $ 434,285 $ 0
Fairfield, Connecticut 13 $ 4,085,000 $ 314,230 $ 0
Osceola, Florida 13 $ 4,265,000 $ 328,076 $ 0
Nassau, New York 13 $ 8,035,000 $ 618,076 $ 0
Westchester, New York 13 $ 6,125,000 $ 471,153 $ 0
Franklin, Ohio 13 $ 3,005,000 $ 231,153 $ 0
Davidson, Tennessee 13 $ 4,625,000 $ 355,769 $ 0
Hartford, Connecticut 12 $ 3,140,000 $ 261,666 $ 0
New Haven, Connecticut 12 $ 3,150,000 $ 262,500 $ 0
Luzerne, Pennsylvania 12 $ 1,730,000 $ 144,166 $ 0
Providence, Rhode Island 12 $ 3,620,000 $ 301,666 $ 0
Montgomery, Alabama 11 $ 1,465,000 $ 133,181 $ 0
Marion, Indiana 11 $ 2,085,000 $ 189,545 $ 0
Ocean, New Jersey 11 $ 4,575,000 $ 415,909 $ 0
Union, New Jersey 11 $ 3,625,000 $ 329,545 $ 0
Hamilton, Ohio 11 $ 1,825,000 $ 165,909 $ 0
New London, Connecticut 10 $ 3,080,000 $ 308,000 $ 0
Passaic, New Jersey 10 $ 4,280,000 $ 428,000 $ 0
Multnomah, Oregon 10 $ 4,210,000 $ 421,000 $ 0
Richland, South Carolina 10 $ 1,940,000 $ 194,000 $ 0
Pulaski, Arkansas 9 $ 975,000 $ 108,333 $ 0
Santa Clara, California 9 $ 9,635,000 $ 1,070,555 $ 0
Pinellas, Florida 9 $ 2,525,000 $ 280,555 $ 0
Clayton, Georgia 9 $ 1,265,000 $ 140,555 $ 0
Monmouth, New Jersey 9 $ 3,475,000 $ 386,111 $ 0
King, Washington 9 $ 5,355,000 $ 595,000 $ 0
Fresno, California 8 $ 3,740,000 $ 467,500 $ 0
Volusia, Florida 8 $ 1,540,000 $ 192,500 $ 0
St. Louis City, Missouri 8 $ 1,750,000 $ 218,750 $ 0
Cumberland, North Carolina 8 $ 1,010,000 $ 126,250 $ 0
Horry, South Carolina 8 $ 2,850,000 $ 356,250 $ 0
Richmond City, Virginia 8 $ 1,960,000 $ 245,000 $ 0
Orange, California 7 $ 6,355,000 $ 907,857 $ 0
San Diego, California 7 $ 10,145,000 $ 1,449,285 $ 0
Chatham, Georgia 7 $ 1,145,000 $ 163,571 $ 0
Honolulu, Hawaii 7 $ 4,565,000 $ 652,142 $ 0
Lake, Indiana 7 $ 1,015,000 $ 145,000 $ 0
Sedgwick, Kansas 7 $ 2,495,000 $ 356,428 $ 0
Suffolk, Massachusetts 7 $ 3,425,000 $ 489,285 $ 0
Bernalillo, New Mexico 7 $ 1,945,000 $ 277,857 $ 0
New York, New York 7 $ 11,165,000 $ 1,595,000 $ 0
Lucas, Ohio 7 $ 1,065,000 $ 152,142 $ 0
Montgomery, Ohio 7 $ 685,000 $ 97,857 $ 0
Berks, Pennsylvania 7 $ 1,045,000 $ 149,285 $ 0
Dauphin, Pennsylvania 7 $ 905,000 $ 129,285 $ 0
Bell, Texas 7 $ 2,325,000 $ 332,142 $ 0
Pierce, Washington 7 $ 3,225,000 $ 460,714 $ 0
Jefferson, Kentucky 6 $ 850,000 $ 141,666 $ 0
East Baton Rouge, Louisiana 6 $ 800,000 $ 133,333 $ 0
Jefferson, Louisiana 6 $ 880,000 $ 146,666 $ 0
Baltimore, Maryland 6 $ 1,090,000 $ 181,666 $ 0
Essex, Massachusetts 6 $ 2,040,000 $ 340,000 $ 0
Middlesex, Massachusetts 6 $ 2,530,000 $ 421,666 $ 0
Douglas, Nebraska 6 $ 1,430,000 $ 238,333 $ 0
Middlesex, New Jersey 6 $ 2,120,000 $ 353,333 $ 0
Morris, New Jersey 6 $ 2,810,000 $ 468,333 $ 0
Albany, New York 6 $ 750,000 $ 125,000 $ 0
Monroe, New York 6 $ 530,000 $ 88,333 $ 0
Durham, North Carolina 6 $ 1,410,000 $ 235,000 $ 0
Wake, North Carolina 6 $ 1,500,000 $ 250,000 $ 0
Summit, Ohio 6 $ 650,000 $ 108,333 $ 0
Lackawanna, Pennsylvania 6 $ 770,000 $ 128,333 $ 0
Nueces, Texas 6 $ 650,000 $ 108,333 $ 0
Tuscaloosa, Alabama 5 $ 735,000 $ 147,000 $ 0
Contra Costa, California 5 $ 2,435,000 $ 487,000 $ 0
Kern, California 5 $ 1,525,000 $ 305,000 $ 0
Sacramento, California 5 $ 1,505,000 $ 301,000 $ 0
San Francisco, California 5 $ 5,735,000 $ 1,147,000 $ 0
Santa Barbara, California 5 $ 5,495,000 $ 1,099,000 $ 0
Lake, Florida 5 $ 2,135,000 $ 427,000 $ 0
Manatee, Florida 5 $ 1,455,000 $ 291,000 $ 0
Pasco, Florida 5 $ 1,075,000 $ 215,000 $ 0
St. Lucie, Florida 5 $ 975,000 $ 195,000 $ 0
Richmond, Georgia 5 $ 655,000 $ 131,000 $ 0
Vigo, Indiana 5 $ 575,000 $ 115,000 $ 0
Jackson, Missouri 5 $ 1,285,000 $ 257,000 $ 0
Atlantic, New Jersey 5 $ 1,645,000 $ 329,000 $ 0
Burlington, New Jersey 5 $ 1,735,000 $ 347,000 $ 0
Cumberland, New Jersey 5 $ 1,035,000 $ 207,000 $ 0
Gloucester, New Jersey 5 $ 925,000 $ 185,000 $ 0
Santa Fe, New Mexico 5 $ 3,665,000 $ 733,000 $ 0
Oneida, New York 5 $ 595,000 $ 119,000 $ 0
Guilford, North Carolina 5 $ 1,075,000 $ 215,000 $ 0
Pitt, North Carolina 5 $ 1,245,000 $ 249,000 $ 0
Wilson, North Carolina 5 $ 1,015,000 $ 203,000 $ 0
Montgomery, Pennsylvania 5 $ 1,365,000 $ 273,000 $ 0
Westmoreland, Pennsylvania 5 $ 625,000 $ 125,000 $ 0
Travis, Texas 5 $ 2,865,000 $ 573,000 $ 0
Fairfax, Virginia 5 $ 3,335,000 $ 667,000 $ 0
Hampton, Virginia 5 $ 665,000 $ 133,000 $ 0
Racine, Wisconsin 5 $ 845,000 $ 169,000 $ 0
Ventura, California 4 $ 3,140,000 $ 785,000 $ 0
Litchfield, Connecticut 4 $ 1,290,000 $ 322,500 $ 0
Bay, Florida 4 $ 1,190,000 $ 297,500 $ 0
Collier, Florida 4 $ 3,250,000 $ 812,500 $ 0
Escambia, Florida 4 $ 960,000 $ 240,000 $ 0
Sarasota, Florida 4 $ 870,000 $ 217,500 $ 0
Bibb, Georgia 4 $ 480,000 $ 120,000 $ 0
Cherokee, Georgia 4 $ 2,950,000 $ 737,500 $ 0
Kane, Illinois 4 $ 890,000 $ 222,500 $ 0
Will, Illinois 4 $ 630,000 $ 157,500 $ 0
Johnson, Kansas 4 $ 3,120,000 $ 780,000 $ 0
Hampden, Massachusetts 4 $ 850,000 $ 212,500 $ 0
Worcester, Massachusetts 4 $ 1,430,000 $ 357,500 $ 0
Macomb, Michigan 4 $ 770,000 $ 192,500 $ 0
DeSoto, Mississippi 4 $ 810,000 $ 202,500 $ 0
Somerset, New Jersey 4 $ 1,280,000 $ 320,000 $ 0
Dutchess, New York 4 $ 890,000 $ 222,500 $ 0
Orange, New York 4 $ 1,500,000 $ 375,000 $ 0
Rowan, North Carolina 4 $ 440,000 $ 110,000 $ 0
Lorain, Ohio 4 $ 1,570,000 $ 392,500 $ 0
Mahoning, Ohio 4 $ 1,420,000 $ 355,000 $ 0
Clackamas, Oregon 4 $ 2,490,000 $ 622,500 $ 0
Lehigh, Pennsylvania 4 $ 810,000 $ 202,500 $ 0
Monroe, Pennsylvania 4 $ 880,000 $ 220,000 $ 0
Greenville, South Carolina 4 $ 1,320,000 $ 330,000 $ 0
Williamson, Tennessee 4 $ 4,800,000 $ 1,200,000 $ 0
Montgomery, Texas 4 $ 670,000 $ 167,500 $ 0
Tarrant, Texas 4 $ 880,000 $ 220,000 $ 0
Salt Lake, Utah 4 $ 2,310,000 $ 577,500 $ 0
Newport News, Virginia 4 $ 400,000 $ 100,000 $ 0
Baldwin, Alabama 3 $ 565,000 $ 188,333 $ 0
Mobile, Alabama 3 $ 315,000 $ 105,000 $ 0
Yavapai, Arizona 3 $ 2,255,000 $ 751,666 $ 0
Stanislaus, California 3 $ 715,000 $ 238,333 $ 0
El Paso, Colorado 3 $ 685,000 $ 228,333 $ 0
New Castle, Delaware 3 $ 615,000 $ 205,000 $ 0
Brevard, Florida 3 $ 625,000 $ 208,333 $ 0
Marion, Florida 3 $ 535,000 $ 178,333 $ 0
Seminole, Florida 3 $ 3,065,000 $ 1,021,666 $ 0
Forsyth, Georgia 3 $ 2,255,000 $ 751,666 $ 0
Gwinnett, Georgia 3 $ 605,000 $ 201,666 $ 0
Henry, Georgia 3 $ 525,000 $ 175,000 $ 0
Muscogee, Georgia 3 $ 275,000 $ 91,666 $ 0
Hawaii, Hawaii 3 $ 6,015,000 $ 2,005,000 $ 0
Ada, Idaho 3 $ 835,000 $ 278,333 $ 0
Peoria, Illinois 3 $ 305,000 $ 101,666 $ 0
St. Joseph, Indiana 3 $ 335,000 $ 111,666 $ 0
Bristol, Massachusetts 3 $ 1,225,000 $ 408,333 $ 0
Saginaw, Michigan 3 $ 315,000 $ 105,000 $ 0
Harrison, Mississippi 3 $ 245,000 $ 81,666 $ 0
Hillsborough, New Hampshire 3 $ 895,000 $ 298,333 $ 0
Sussex, New Jersey 3 $ 725,000 $ 241,666 $ 0
Oswego, New York 3 $ 325,000 $ 108,333 $ 0
Rockland, New York 3 $ 1,375,000 $ 458,333 $ 0
Alamance, North Carolina 3 $ 375,000 $ 125,000 $ 0
Stark, Ohio 3 $ 805,000 $ 268,333 $ 0
Washington, Oregon 3 $ 1,785,000 $ 595,000 $ 0
Erie, Pennsylvania 3 $ 325,000 $ 108,333 $ 0
Bee, Texas 3 $ 335,000 $ 111,666 $ 0
Collin, Texas 3 $ 765,000 $ 255,000 $ 0
Fort Bend, Texas 3 $ 1,155,000 $ 385,000 $ 0
Grayson, Texas 3 $ 705,000 $ 235,000 $ 0
Hays, Texas 3 $ 1,065,000 $ 355,000 $ 0
Hidalgo, Texas 3 $ 965,000 $ 321,666 $ 0
Williamson, Texas 3 $ 1,075,000 $ 358,333 $ 0
Chesterfield, Virginia 3 $ 755,000 $ 251,666 $ 0
Portsmouth, Virginia 3 $ 605,000 $ 201,666 $ 0
Madison, Alabama 2 $ 510,000 $ 255,000 $ 0
Pima, Arizona 2 $ 870,000 $ 435,000 $ 0
Humboldt, California 2 $ 750,000 $ 375,000 $ 0
San Mateo, California 2 $ 2,010,000 $ 1,005,000 $ 0
Solano, California 2 $ 760,000 $ 380,000 $ 0
Weld, Colorado 2 $ 1,040,000 $ 520,000 $ 0
Middlesex, Connecticut 2 $ 590,000 $ 295,000 $ 0
Windham, Connecticut 2 $ 370,000 $ 185,000 $ 0
Alachua, Florida 2 $ 340,000 $ 170,000 $ 0
Charlotte, Florida 2 $ 460,000 $ 230,000 $ 0
Flagler, Florida 2 $ 560,000 $ 280,000 $ 0
Highlands, Florida 2 $ 790,000 $ 395,000 $ 0
Indian River, Florida 2 $ 1,240,000 $ 620,000 $ 0
Monroe, Florida 2 $ 1,640,000 $ 820,000 $ 0
Okaloosa, Florida 2 $ 4,210,000 $ 2,105,000 $ 0
St. Johns, Florida 2 $ 1,070,000 $ 535,000 $ 0
Walton, Florida 2 $ 1,550,000 $ 775,000 $ 0
Clarke, Georgia 2 $ 330,000 $ 165,000 $ 0
Liberty, Georgia 2 $ 260,000 $ 130,000 $ 0
Lake, Illinois 2 $ 360,000 $ 180,000 $ 0
Rock Island, Illinois 2 $ 1,070,000 $ 535,000 $ 0
St. Clair, Illinois 2 $ 370,000 $ 185,000 $ 0
Delaware, Indiana 2 $ 360,000 $ 180,000 $ 0
Grant, Indiana 2 $ 170,000 $ 85,000 $ 0
LaPorte, Indiana 2 $ 310,000 $ 155,000 $ 0
Monroe, Indiana 2 $ 470,000 $ 235,000 $ 0
Owen, Indiana 2 $ 290,000 $ 145,000 $ 0
Iberia, Louisiana 2 $ 190,000 $ 95,000 $ 0
Anne Arundel, Maryland 2 $ 660,000 $ 330,000 $ 0
Montgomery, Maryland 2 $ 1,460,000 $ 730,000 $ 0
Worcester, Maryland 2 $ 350,000 $ 175,000 $ 0
Berkshire, Massachusetts 2 $ 230,000 $ 115,000 $ 0
Plymouth, Massachusetts 2 $ 490,000 $ 245,000 $ 0
Kent, Michigan 2 $ 290,000 $ 145,000 $ 0
Oakland, Michigan 2 $ 240,000 $ 120,000 $ 0
Washtenaw, Michigan 2 $ 430,000 $ 215,000 $ 0
Buchanan, Missouri 2 $ 190,000 $ 95,000 $ 0
Greene, Missouri 2 $ 500,000 $ 250,000 $ 0
Washoe, Nevada 2 $ 690,000 $ 345,000 $ 0
Cape May, New Jersey 2 $ 500,000 $ 250,000 $ 0
Salem, New Jersey 2 $ 360,000 $ 180,000 $ 0
Sandoval, New Mexico 2 $ 660,000 $ 330,000 $ 0
Onondaga, New York 2 $ 480,000 $ 240,000 $ 0
Ontario, New York 2 $ 290,000 $ 145,000 $ 0
Putnam, New York 2 $ 670,000 $ 335,000 $ 0
Rensselaer, New York 2 $ 360,000 $ 180,000 $ 0
Richmond, New York 2 $ 730,000 $ 365,000 $ 0
Schenectady, New York 2 $ 1,110,000 $ 555,000 $ 0
Sullivan, New York 2 $ 350,000 $ 175,000 $ 0
Cabarrus, North Carolina 2 $ 580,000 $ 290,000 $ 0
Davidson, North Carolina 2 $ 310,000 $ 155,000 $ 0
Gaston, North Carolina 2 $ 280,000 $ 140,000 $ 0
Johnston, North Carolina 2 $ 1,020,000 $ 510,000 $ 0
Lee, North Carolina 2 $ 410,000 $ 205,000 $ 0
New Hanover, North Carolina 2 $ 280,000 $ 140,000 $ 0
Miami, Ohio 2 $ 300,000 $ 150,000 $ 0
Marion, Oregon 2 $ 580,000 $ 290,000 $ 0
Beaver, Pennsylvania 2 $ 400,000 $ 200,000 $ 0
Northampton, Pennsylvania 2 $ 610,000 $ 305,000 $ 0
Washington, Pennsylvania 2 $ 230,000 $ 115,000 $ 0
Wayne, Pennsylvania 2 $ 460,000 $ 230,000 $ 0
York, Pennsylvania 2 $ 280,000 $ 140,000 $ 0
Kent, Rhode Island 2 $ 420,000 $ 210,000 $ 0
Anderson, South Carolina 2 $ 140,000 $ 70,000 $ 0
Charleston, South Carolina 2 $ 2,250,000 $ 1,125,000 $ 0
Georgetown, South Carolina 2 $ 370,000 $ 185,000 $ 0
Spartanburg, South Carolina 2 $ 550,000 $ 275,000 $ 0
Montgomery, Tennessee 2 $ 430,000 $ 215,000 $ 0
Sevier, Tennessee 2 $ 1,260,000 $ 630,000 $ 0
Comal, Texas 2 $ 880,000 $ 440,000 $ 0
Denton, Texas 2 $ 1,460,000 $ 730,000 $ 0
El Paso, Texas 2 $ 660,000 $ 330,000 $ 0
Galveston, Texas 2 $ 910,000 $ 455,000 $ 0
Guadalupe, Texas 2 $ 730,000 $ 365,000 $ 0
Jefferson, Texas 2 $ 170,000 $ 85,000 $ 0
Lubbock, Texas 2 $ 200,000 $ 100,000 $ 0
Tom Green, Texas 2 $ 1,310,000 $ 655,000 $ 0
Weber, Utah 2 $ 1,160,000 $ 580,000 $ 0
Chesapeake, Virginia 2 $ 560,000 $ 280,000 $ 0
Loudoun, Virginia 2 $ 3,380,000 $ 1,690,000 $ 0
Petersburg, Virginia 2 $ 220,000 $ 110,000 $ 0
Virginia Beach, Virginia 2 $ 470,000 $ 235,000 $ 0
Benton, Washington 2 $ 910,000 $ 455,000 $ 0
Clark, Washington 2 $ 710,000 $ 355,000 $ 0
Snohomish, Washington 2 $ 1,730,000 $ 865,000 $ 0
Calhoun, Alabama 1 $ 95,000 $ 95,000 $ 0
Dale, Alabama 1 $ 65,000 $ 65,000 $ 0
Elmore, Alabama 1 $ 125,000 $ 125,000 $ 0
Houston, Alabama 1 $ 155,000 $ 155,000 $ 0
Lee, Alabama 1 $ 145,000 $ 145,000 $ 0
Mohave, Arizona 1 $ 325,000 $ 325,000 $ 0
Pinal, Arizona 1 $ 265,000 $ 265,000 $ 0
Clark, Arkansas 1 $ 125,000 $ 125,000 $ 0
Faulkner, Arkansas 1 $ 85,000 $ 85,000 $ 0
Polk, Arkansas 1 $ 135,000 $ 135,000 $ 0
Saline, Arkansas 1 $ 95,000 $ 95,000 $ 0
Calaveras, California 1 $ 125,000 $ 125,000 $ 0
El Dorado, California 1 $ 1,055,000 $ 1,055,000 $ 0
Marin, California 1 $ 1,335,000 $ 1,335,000 $ 0
Merced, California 1 $ 75,000 $ 75,000 $ 0
Placer, California 1 $ 2,495,000 $ 2,495,000 $ 0
San Joaquin, California 1 $ 505,000 $ 505,000 $ 0
Santa Cruz, California 1 $ 625,000 $ 625,000 $ 0
Shasta, California 1 $ 75,000 $ 75,000 $ 0
Tulare, California 1 $ 285,000 $ 285,000 $ 0
Arapahoe, Colorado 1 $ 725,000 $ 725,000 $ 0
Pueblo, Colorado 1 $ 155,000 $ 155,000 $ 0
Kent, Delaware 1 $ 285,000 $ 285,000 $ 0
Sussex, Delaware 1 $ 225,000 $ 225,000 $ 0
Gadsden, Florida 1 $ 165,000 $ 165,000 $ 0
Jackson, Florida 1 $ 105,000 $ 105,000 $ 0
Leon, Florida 1 $ 105,000 $ 105,000 $ 0
Bartow, Georgia 1 $ 305,000 $ 305,000 $ 0
Douglas, Georgia 1 $ 105,000 $ 105,000 $ 0
Fayette, Georgia 1 $ 1,205,000 $ 1,205,000 $ 0
Glynn, Georgia 1 $ 1,995,000 $ 1,995,000 $ 0
Hall, Georgia 1 $ 215,000 $ 215,000 $ 0
Houston, Georgia 1 $ 75,000 $ 75,000 $ 0
Jasper, Georgia 1 $ 205,000 $ 205,000 $ 0
Lowndes, Georgia 1 $ 215,000 $ 215,000 $ 0
Paulding, Georgia 1 $ 265,000 $ 265,000 $ 0
Peach, Georgia 1 $ 55,000 $ 55,000 $ 0
Troup, Georgia 1 $ 75,000 $ 75,000 $ 0
Union, Georgia 1 $ 295,000 $ 295,000 $ 0
Maui, Hawaii 1 $ 675,000 $ 675,000 $ 0
Canyon, Idaho 1 $ 525,000 $ 525,000 $ 0
Washington, Idaho 1 $ 185,000 $ 185,000 $ 0
Adams, Illinois 1 $ 265,000 $ 265,000 $ 0
Macon, Illinois 1 $ 335,000 $ 335,000 $ 0
Madison, Illinois 1 $ 105,000 $ 105,000 $ 0
Stephenson, Illinois 1 $ 335,000 $ 335,000 $ 0
Winnebago, Illinois 1 $ 555,000 $ 555,000 $ 0
Clark, Indiana 1 $ 95,000 $ 95,000 $ 0
Floyd, Indiana 1 $ 385,000 $ 385,000 $ 0
Johnson, Indiana 1 $ 165,000 $ 165,000 $ 0
Vanderburgh, Indiana 1 $ 115,000 $ 115,000 $ 0
Wabash, Indiana 1 $ 115,000 $ 115,000 $ 0
Wayne, Indiana 1 $ 75,000 $ 75,000 $ 0
Black Hawk, Iowa 1 $ 135,000 $ 135,000 $ 0
Fayette, Iowa 1 $ 245,000 $ 245,000 $ 0
Union, Iowa 1 $ 505,000 $ 505,000 $ 0
Butler, Kansas 1 $ 205,000 $ 205,000 $ 0
Wyandotte, Kansas 1 $ 295,000 $ 295,000 $ 0
Fayette, Kentucky 1 $ 145,000 $ 145,000 $ 0
Bossier, Louisiana 1 $ 235,000 $ 235,000 $ 0
Caddo, Louisiana 1 $ 75,000 $ 75,000 $ 0
Calcasieu, Louisiana 1 $ 95,000 $ 95,000 $ 0
Lafayette, Louisiana 1 $ 75,000 $ 75,000 $ 0
Lafourche, Louisiana 1 $ 125,000 $ 125,000 $ 0
Livingston, Louisiana 1 $ 225,000 $ 225,000 $ 0
St. Bernard, Louisiana 1 $ 85,000 $ 85,000 $ 0
St. Tammany, Louisiana 1 $ 185,000 $ 185,000 $ 0
Cumberland, Maine 1 $ 295,000 $ 295,000 $ 0
Harford, Maryland 1 $ 215,000 $ 215,000 $ 0
Howard, Maryland 1 $ 305,000 $ 305,000 $ 0
Washington, Maryland 1 $ 115,000 $ 115,000 $ 0
Wicomico, Maryland 1 $ 145,000 $ 145,000 $ 0
Barnstable, Massachusetts 1 $ 585,000 $ 585,000 $ 0
Dukes, Massachusetts 1 $ 1,275,000 $ 1,275,000 $ 0
Norfolk, Massachusetts 1 $ 495,000 $ 495,000 $ 0
Bay, Michigan 1 $ 95,000 $ 95,000 $ 0
Berrien, Michigan 1 $ 95,000 $ 95,000 $ 0
Calhoun, Michigan 1 $ 75,000 $ 75,000 $ 0
Genesee, Michigan 1 $ 75,000 $ 75,000 $ 0
Kalamazoo, Michigan 1 $ 765,000 $ 765,000 $ 0
Hinds, Mississippi 1 $ 105,000 $ 105,000 $ 0
Jackson, Mississippi 1 $ 145,000 $ 145,000 $ 0
Jones, Mississippi 1 $ 115,000 $ 115,000 $ 0
Lauderdale, Mississippi 1 $ 95,000 $ 95,000 $ 0
Lowndes, Mississippi 1 $ 185,000 $ 185,000 $ 0
Madison, Mississippi 1 $ 205,000 $ 205,000 $ 0
Pike, Mississippi 1 $ 135,000 $ 135,000 $ 0
Jefferson, Missouri 1 $ 275,000 $ 275,000 $ 0
St. Charles, Missouri 1 $ 245,000 $ 245,000 $ 0
Gallatin, Montana 1 $ 1,195,000 $ 1,195,000 $ 0
Silver Bow, Montana 1 $ 205,000 $ 205,000 $ 0
Lancaster, Nebraska 1 $ 125,000 $ 125,000 $ 0
Humboldt, Nevada 1 $ 295,000 $ 295,000 $ 0
Nye, Nevada 1 $ 195,000 $ 195,000 $ 0
Rockingham, New Hampshire 1 $ 265,000 $ 265,000 $ 0
Strafford, New Hampshire 1 $ 345,000 $ 345,000 $ 0
Warren, New Jersey 1 $ 185,000 $ 185,000 $ 0
Valencia, New Mexico 1 $ 195,000 $ 195,000 $ 0
Broome, New York 1 $ 105,000 $ 105,000 $ 0
Cayuga, New York 1 $ 125,000 $ 125,000 $ 0
Chemung, New York 1 $ 155,000 $ 155,000 $ 0
Montgomery, New York 1 $ 305,000 $ 305,000 $ 0
Niagara, New York 1 $ 55,000 $ 55,000 $ 0
Otsego, New York 1 $ 165,000 $ 165,000 $ 0
Saratoga, New York 1 $ 155,000 $ 155,000 $ 0
Tioga, New York 1 $ 255,000 $ 255,000 $ 0
Wayne, New York 1 $ 105,000 $ 105,000 $ 0
Edgecombe, North Carolina 1 $ 85,000 $ 85,000 $ 0
Forsyth, North Carolina 1 $ 125,000 $ 125,000 $ 0
Harnett, North Carolina 1 $ 195,000 $ 195,000 $ 0
Moore, North Carolina 1 $ 265,000 $ 265,000 $ 0
Onslow, North Carolina 1 $ 215,000 $ 215,000 $ 0
Orange, North Carolina 1 $ 1,055,000 $ 1,055,000 $ 0
Randolph, North Carolina 1 $ 105,000 $ 105,000 $ 0
Rutherford, North Carolina 1 $ 215,000 $ 215,000 $ 0
Union, North Carolina 1 $ 115,000 $ 115,000 $ 0
Allen, Ohio 1 $ 245,000 $ 245,000 $ 0
Clark, Ohio 1 $ 125,000 $ 125,000 $ 0
Delaware, Ohio 1 $ 635,000 $ 635,000 $ 0
Geauga, Ohio 1 $ 205,000 $ 205,000 $ 0
Greene, Ohio 1 $ 215,000 $ 215,000 $ 0
Licking, Ohio 1 $ 115,000 $ 115,000 $ 0
Marion, Ohio 1 $ 65,000 $ 65,000 $ 0
Pickaway, Ohio 1 $ 135,000 $ 135,000 $ 0
Portage, Ohio 1 $ 95,000 $ 95,000 $ 0
Grady, Oklahoma 1 $ 85,000 $ 85,000 $ 0
Wagoner, Oklahoma 1 $ 115,000 $ 115,000 $ 0
Jackson, Oregon 1 $ 435,000 $ 435,000 $ 0
Yamhill, Oregon 1 $ 285,000 $ 285,000 $ 0
Armstrong, Pennsylvania 1 $ 85,000 $ 85,000 $ 0
Bradford, Pennsylvania 1 $ 115,000 $ 115,000 $ 0
Bucks, Pennsylvania 1 $ 245,000 $ 245,000 $ 0
Cumberland, Pennsylvania 1 $ 135,000 $ 135,000 $ 0
Mifflin, Pennsylvania 1 $ 85,000 $ 85,000 $ 0
Pike, Pennsylvania 1 $ 145,000 $ 145,000 $ 0
Schuylkill, Pennsylvania 1 $ 85,000 $ 85,000 $ 0
Bristol, Rhode Island 1 $ 305,000 $ 305,000 $ 0
Beaufort, South Carolina 1 $ 535,000 $ 535,000 $ 0
Colleton, South Carolina 1 $ 275,000 $ 275,000 $ 0
Fairfield, South Carolina 1 $ 75,000 $ 75,000 $ 0
Pickens, South Carolina 1 $ 475,000 $ 475,000 $ 0
York, South Carolina 1 $ 105,000 $ 105,000 $ 0
Hamilton, Tennessee 1 $ 705,000 $ 705,000 $ 0
Madison, Tennessee 1 $ 215,000 $ 215,000 $ 0
Marshall, Tennessee 1 $ 225,000 $ 225,000 $ 0
Sullivan, Tennessee 1 $ 95,000 $ 95,000 $ 0
Wilson, Tennessee 1 $ 325,000 $ 325,000 $ 0
Anderson, Texas 1 $ 105,000 $ 105,000 $ 0
Aransas, Texas 1 $ 285,000 $ 285,000 $ 0
Brazoria, Texas 1 $ 265,000 $ 265,000 $ 0
Cameron, Texas 1 $ 725,000 $ 725,000 $ 0
Ector, Texas 1 $ 95,000 $ 95,000 $ 0
Ellis, Texas 1 $ 465,000 $ 465,000 $ 0
Gregg, Texas 1 $ 755,000 $ 755,000 $ 0
Harrison, Texas 1 $ 105,000 $ 105,000 $ 0
Houston, Texas 1 $ 165,000 $ 165,000 $ 0
Johnson, Texas 1 $ 135,000 $ 135,000 $ 0
Matagorda, Texas 1 $ 165,000 $ 165,000 $ 0
McLennan, Texas 1 $ 95,000 $ 95,000 $ 0
Potter, Texas 1 $ 225,000 $ 225,000 $ 0
Rusk, Texas 1 $ 95,000 $ 95,000 $ 0
Uvalde, Texas 1 $ 235,000 $ 235,000 $ 0
Waller, Texas 1 $ 245,000 $ 245,000 $ 0
Webb, Texas 1 $ 275,000 $ 275,000 $ 0
Summit, Utah 1 $ 1,275,000 $ 1,275,000 $ 0
Utah, Utah 1 $ 555,000 $ 555,000 $ 0
Wasatch, Utah 1 $ 625,000 $ 625,000 $ 0
Washington, Utah 1 $ 225,000 $ 225,000 $ 0
Hanover, Virginia 1 $ 335,000 $ 335,000 $ 0
Henrico, Virginia 1 $ 185,000 $ 185,000 $ 0
Henry, Virginia 1 $ 155,000 $ 155,000 $ 0
Manassas, Virginia 1 $ 285,000 $ 285,000 $ 0
Manassas Park, Virginia 1 $ 435,000 $ 435,000 $ 0
Montgomery, Virginia 1 $ 305,000 $ 305,000 $ 0
Norfolk, Virginia 1 $ 185,000 $ 185,000 $ 0
Prince William, Virginia 1 $ 155,000 $ 155,000 $ 0
Roanoke City, Virginia 1 $ 245,000 $ 245,000 $ 0
Suffolk, Virginia 1 $ 395,000 $ 395,000 $ 0
Chelan, Washington 1 $ 475,000 $ 475,000 $ 0
Grays Harbor, Washington 1 $ 75,000 $ 75,000 $ 0
Skagit, Washington 1 $ 235,000 $ 235,000 $ 0
Spokane, Washington 1 $ 295,000 $ 295,000 $ 0
Kanawha, West Virginia 1 $ 85,000 $ 85,000 $ 0
Monongalia, West Virginia 1 $ 145,000 $ 145,000 $ 0
Marinette, Wisconsin 1 $ 65,000 $ 65,000 $ 0
Ozaukee, Wisconsin 1 $ 495,000 $ 495,000 $ 0
Rock, Wisconsin 1 $ 145,000 $ 145,000 $ 0

Mortgage Loan Application Detail Totals for Velocity Commercial Capital LLC in 2023

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
Cash-out Refinancing 1,406 $453,350,000 $322,000 $5,505,000 $0 $0
Home Purchase 910 $315,920,000 $347,000 $2,125,000 $0 $0
Refinancing 228 $101,320,000 $444,000 $5,005,000 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
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 1,459 $499,165,000 $342,000 $5,005,000 $0 $0
Black or African American 403 $105,765,000 $262,000 $2,175,000 $0 $0
White 299 $120,915,000 $404,000 $5,505,000 $0 $0
Hispanic 257 $90,165,000 $350,000 $2,825,000 $0 $0
Asian 99 $44,485,000 $449,000 $1,315,000 $0 $0
Not applicable 12 $3,690,000 $307,000 $1,505,000 $0 $0
American Indian or Alaskan Native 7 $3,765,000 $537,000 $1,355,000 $0 $0
Native Hawaiian or Other Pacific Islander 1 $335,000 $335,000 $335,000 $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) 2,544 $870,590,000 $342,000 $5,505,000 $0 $0
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 2,544 $870,590,000 $342,000 $5,505,000 $0 $0
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Not applicable 2,544 $870,590,000 $342,000 $5,505,000 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $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 2023 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.
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