Velocity Commercial Capital LLC Mortgage Lending & HMDA Data, 2024

In 2024, Velocity Commercial Capital LLC of Westlake Village, CA reported 6,643 mortgage applications totaling $2.7 billion, up 161% from 2023. The average application was for $407,861, and applicants reported an average income of $0. 53% of its applications resulted in an originated loan and 1% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (396), Philadelphia, PA (342) and Chicago-Naperville, IL (242) (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 6,643
Total Mortgage Loan Application Amount $2,709,425,000
Average Mortgage Loan Application Amount $407,861
Highest Mortgage Loan Application Amount $8,005,000
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records Velocity Commercial Capital LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2024

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Philadelphia, Pennsylvania 297 $ 60,955,000 $ 205,235 $ 0
Cook, Illinois 225 $ 56,185,000 $ 249,711 $ 0
Los Angeles, California 222 $ 192,630,000 $ 867,702 $ 0
Wayne, Michigan 190 $ 27,660,000 $ 145,578 $ 0
Miami-Dade, Florida 157 $ 101,005,000 $ 643,343 $ 0
Cuyahoga, Ohio 127 $ 21,255,000 $ 167,362 $ 0
Harris, Texas 123 $ 43,115,000 $ 350,528 $ 0
Baltimore City, Maryland 122 $ 21,220,000 $ 173,934 $ 0
Kings, New York 101 $ 76,155,000 $ 754,009 $ 0
Queens, New York 98 $ 64,550,000 $ 658,673 $ 0
Essex, New Jersey 92 $ 45,000,000 $ 489,130 $ 0
Fulton, Georgia 81 $ 51,145,000 $ 631,419 $ 0
Milwaukee, Wisconsin 80 $ 12,000,000 $ 150,000 $ 0
Allegheny, Pennsylvania 75 $ 12,245,000 $ 163,266 $ 0
Orleans, Louisiana 66 $ 13,100,000 $ 198,484 $ 0
Broward, Florida 61 $ 33,845,000 $ 554,836 $ 0
Hillsborough, Florida 56 $ 17,770,000 $ 317,321 $ 0
District of Columbia, District Of Columbia 55 $ 46,255,000 $ 841,000 $ 0
Palm Beach, Florida 55 $ 34,725,000 $ 631,363 $ 0
Erie, New York 54 $ 7,910,000 $ 146,481 $ 0
Marion, Indiana 51 $ 12,615,000 $ 247,352 $ 0
Capitol Planning Region, Connecticut 49 $ 16,765,000 $ 342,142 $ 0
Orange, California 48 $ 55,530,000 $ 1,156,875 $ 0
Shelby, Tennessee 48 $ 7,660,000 $ 159,583 $ 0
Clark, Nevada 47 $ 34,235,000 $ 728,404 $ 0
Delaware, Pennsylvania 45 $ 9,035,000 $ 200,777 $ 0
Dallas, Texas 45 $ 26,005,000 $ 577,888 $ 0
Mercer, New Jersey 43 $ 13,525,000 $ 314,534 $ 0
Nassau, New York 43 $ 25,545,000 $ 594,069 $ 0
Riverside, California 42 $ 20,430,000 $ 486,428 $ 0
Suffolk, New York 42 $ 29,310,000 $ 697,857 $ 0
King, Washington 41 $ 51,165,000 $ 1,247,926 $ 0
Fresno, California 40 $ 13,150,000 $ 328,750 $ 0
Polk, Florida 40 $ 9,670,000 $ 241,750 $ 0
DeKalb, Georgia 40 $ 11,880,000 $ 297,000 $ 0
Hudson, New Jersey 40 $ 28,130,000 $ 703,250 $ 0
Maricopa, Arizona 38 $ 27,780,000 $ 731,052 $ 0
San Bernardino, California 38 $ 19,390,000 $ 510,263 $ 0
Westchester, New York 38 $ 25,700,000 $ 676,315 $ 0
Jefferson, Alabama 37 $ 16,855,000 $ 455,540 $ 0
Bexar, Texas 37 $ 18,495,000 $ 499,864 $ 0
Camden, New Jersey 36 $ 7,430,000 $ 206,388 $ 0
Hamilton, Ohio 35 $ 7,385,000 $ 211,000 $ 0
San Diego, California 34 $ 32,470,000 $ 955,000 $ 0
Bergen, New Jersey 33 $ 16,715,000 $ 506,515 $ 0
Naugatuck Valley Planning Region, Connecticut 32 $ 9,050,000 $ 282,812 $ 0
Alameda, California 31 $ 30,405,000 $ 980,806 $ 0
Lee, Florida 31 $ 11,725,000 $ 378,225 $ 0
Prince George's, Maryland 31 $ 8,995,000 $ 290,161 $ 0
Union, New Jersey 31 $ 17,865,000 $ 576,290 $ 0
Mecklenburg, North Carolina 31 $ 9,055,000 $ 292,096 $ 0
Orange, Florida 30 $ 7,420,000 $ 247,333 $ 0
South Central Connecticut Planning Region, Connecticut 29 $ 12,765,000 $ 440,172 $ 0
St. Lucie, Florida 29 $ 8,655,000 $ 298,448 $ 0
St. Louis City, Missouri 29 $ 4,995,000 $ 172,241 $ 0
Bronx, New York 29 $ 21,005,000 $ 724,310 $ 0
Baltimore, Maryland 28 $ 8,200,000 $ 292,857 $ 0
Summit, Ohio 28 $ 4,330,000 $ 154,642 $ 0
Santa Clara, California 27 $ 39,245,000 $ 1,453,518 $ 0
Wilson, North Carolina 27 $ 8,605,000 $ 318,703 $ 0
Providence, Rhode Island 27 $ 11,285,000 $ 417,962 $ 0
Travis, Texas 27 $ 22,845,000 $ 846,111 $ 0
Tarrant, Texas 26 $ 9,410,000 $ 361,923 $ 0
Montgomery, Pennsylvania 25 $ 8,175,000 $ 327,000 $ 0
Sacramento, California 24 $ 12,810,000 $ 533,750 $ 0
New Castle, Delaware 24 $ 7,290,000 $ 303,750 $ 0
St. Louis, Missouri 24 $ 3,270,000 $ 136,250 $ 0
Lucas, Ohio 24 $ 4,080,000 $ 170,000 $ 0
Duval, Florida 23 $ 4,915,000 $ 213,695 $ 0
Hinds, Mississippi 23 $ 2,515,000 $ 109,347 $ 0
Honolulu, Hawaii 22 $ 17,790,000 $ 808,636 $ 0
Lake, Indiana 22 $ 3,660,000 $ 166,363 $ 0
Ocean, New Jersey 21 $ 11,655,000 $ 555,000 $ 0
Davidson, Tennessee 21 $ 11,575,000 $ 551,190 $ 0
Greater Bridgeport Planning Region, Connecticut 20 $ 6,980,000 $ 349,000 $ 0
Cobb, Georgia 20 $ 8,760,000 $ 438,000 $ 0
Monmouth, New Jersey 20 $ 13,070,000 $ 653,500 $ 0
New York, New York 20 $ 24,140,000 $ 1,207,000 $ 0
Luzerne, Pennsylvania 20 $ 2,230,000 $ 111,500 $ 0
Contra Costa, California 19 $ 15,515,000 $ 816,578 $ 0
Gwinnett, Georgia 19 $ 6,835,000 $ 359,736 $ 0
Jefferson, Louisiana 19 $ 4,525,000 $ 238,157 $ 0
Oakland, Michigan 19 $ 6,195,000 $ 326,052 $ 0
Middlesex, New Jersey 19 $ 8,915,000 $ 469,210 $ 0
Passaic, New Jersey 19 $ 8,665,000 $ 456,052 $ 0
Sussex, New Jersey 19 $ 4,985,000 $ 262,368 $ 0
Montgomery, Ohio 19 $ 2,675,000 $ 140,789 $ 0
Franklin, Ohio 18 $ 6,970,000 $ 387,222 $ 0
Stark, Ohio 18 $ 2,210,000 $ 122,777 $ 0
Clayton, Georgia 17 $ 3,375,000 $ 198,529 $ 0
Middlesex, Massachusetts 17 $ 12,795,000 $ 752,647 $ 0
Atlantic, New Jersey 17 $ 4,995,000 $ 293,823 $ 0
Pasco, Florida 16 $ 7,210,000 $ 450,625 $ 0
Pinellas, Florida 16 $ 7,770,000 $ 485,625 $ 0
Jackson, Missouri 16 $ 3,750,000 $ 234,375 $ 0
Bernalillo, New Mexico 16 $ 6,600,000 $ 412,500 $ 0
Bucks, Pennsylvania 16 $ 8,000,000 $ 500,000 $ 0
Nueces, Texas 16 $ 6,380,000 $ 398,750 $ 0
Kern, California 15 $ 4,375,000 $ 291,666 $ 0
Brevard, Florida 15 $ 9,545,000 $ 636,333 $ 0
Collier, Florida 15 $ 14,715,000 $ 981,000 $ 0
Burlington, New Jersey 15 $ 3,805,000 $ 253,666 $ 0
Brazoria, Texas 15 $ 5,185,000 $ 345,666 $ 0
Osceola, Florida 14 $ 4,290,000 $ 306,428 $ 0
Suffolk, Massachusetts 14 $ 7,420,000 $ 530,000 $ 0
Genesee, Michigan 14 $ 2,120,000 $ 151,428 $ 0
Berks, Pennsylvania 14 $ 3,240,000 $ 231,428 $ 0
San Francisco, California 13 $ 17,835,000 $ 1,371,923 $ 0
Will, Illinois 13 $ 3,095,000 $ 238,076 $ 0
Essex, Massachusetts 13 $ 6,495,000 $ 499,615 $ 0
Worcester, Massachusetts 13 $ 3,575,000 $ 275,000 $ 0
Somerset, New Jersey 13 $ 6,345,000 $ 488,076 $ 0
Oklahoma, Oklahoma 13 $ 2,945,000 $ 226,538 $ 0
Montgomery, Alabama 12 $ 1,990,000 $ 165,833 $ 0
Orange, New York 12 $ 3,560,000 $ 296,666 $ 0
Richmond, New York 12 $ 6,000,000 $ 500,000 $ 0
Chester, Pennsylvania 12 $ 2,390,000 $ 199,166 $ 0
Lackawanna, Pennsylvania 12 $ 1,690,000 $ 140,833 $ 0
York, Pennsylvania 12 $ 1,520,000 $ 126,666 $ 0
Greenville, South Carolina 12 $ 4,400,000 $ 366,666 $ 0
Newport News, Virginia 12 $ 2,180,000 $ 181,666 $ 0
Mobile, Alabama 11 $ 2,295,000 $ 208,636 $ 0
Pima, Arizona 11 $ 3,205,000 $ 291,363 $ 0
Manatee, Florida 11 $ 5,285,000 $ 480,454 $ 0
Marion, Florida 11 $ 4,725,000 $ 429,545 $ 0
Seminole, Florida 11 $ 3,115,000 $ 283,181 $ 0
Volusia, Florida 11 $ 4,035,000 $ 366,818 $ 0
Muscogee, Georgia 11 $ 3,035,000 $ 275,909 $ 0
St. Joseph, Indiana 11 $ 1,365,000 $ 124,090 $ 0
Sedgwick, Kansas 11 $ 1,935,000 $ 175,909 $ 0
Hampden, Massachusetts 11 $ 10,125,000 $ 920,454 $ 0
Plymouth, Massachusetts 11 $ 5,525,000 $ 502,272 $ 0
Cape May, New Jersey 11 $ 7,935,000 $ 721,363 $ 0
Forsyth, North Carolina 11 $ 1,225,000 $ 111,363 $ 0
Westmoreland, Pennsylvania 11 $ 1,705,000 $ 155,000 $ 0
Galveston, Texas 11 $ 5,315,000 $ 483,181 $ 0
Hidalgo, Texas 11 $ 5,635,000 $ 512,272 $ 0
Salt Lake, Utah 11 $ 3,855,000 $ 350,454 $ 0
Pierce, Washington 11 $ 5,105,000 $ 464,090 $ 0
Snohomish, Washington 11 $ 7,255,000 $ 659,545 $ 0
Stanislaus, California 10 $ 2,540,000 $ 254,000 $ 0
Western Connecticut Planning Region, Connecticut 10 $ 9,750,000 $ 975,000 $ 0
Monroe, Florida 10 $ 11,780,000 $ 1,178,000 $ 0
Richmond, Georgia 10 $ 2,670,000 $ 267,000 $ 0
Harrison, Mississippi 10 $ 2,040,000 $ 204,000 $ 0
Douglas, Nebraska 10 $ 3,090,000 $ 309,000 $ 0
Albany, New York 10 $ 2,030,000 $ 203,000 $ 0
Monroe, New York 10 $ 1,160,000 $ 116,000 $ 0
Niagara, New York 10 $ 1,900,000 $ 190,000 $ 0
Multnomah, Oregon 10 $ 7,000,000 $ 700,000 $ 0
Richland, South Carolina 10 $ 1,090,000 $ 109,000 $ 0
Fort Bend, Texas 10 $ 9,650,000 $ 965,000 $ 0
Montgomery, Texas 10 $ 4,410,000 $ 441,000 $ 0
Fairfax, Virginia 10 $ 8,550,000 $ 855,000 $ 0
San Joaquin, California 9 $ 3,715,000 $ 412,777 $ 0
Denver, Colorado 9 $ 4,655,000 $ 517,222 $ 0
Leon, Florida 9 $ 1,475,000 $ 163,888 $ 0
Chatham, Georgia 9 $ 1,685,000 $ 187,222 $ 0
St. Clair, Illinois 9 $ 1,155,000 $ 128,333 $ 0
Wyandotte, Kansas 9 $ 2,385,000 $ 265,000 $ 0
East Baton Rouge, Louisiana 9 $ 1,195,000 $ 132,777 $ 0
Montgomery, Maryland 9 $ 3,775,000 $ 419,444 $ 0
Macomb, Michigan 9 $ 2,675,000 $ 297,222 $ 0
Cumberland, New Jersey 9 $ 1,215,000 $ 135,000 $ 0
Gloucester, New Jersey 9 $ 2,255,000 $ 250,555 $ 0
Morris, New Jersey 9 $ 3,995,000 $ 443,888 $ 0
Broome, New York 9 $ 1,155,000 $ 128,333 $ 0
Rensselaer, New York 9 $ 1,375,000 $ 152,777 $ 0
Guilford, North Carolina 9 $ 1,825,000 $ 202,777 $ 0
Wake, North Carolina 9 $ 4,135,000 $ 459,444 $ 0
Portsmouth, Virginia 9 $ 1,475,000 $ 163,888 $ 0
Roanoke City, Virginia 9 $ 1,565,000 $ 173,888 $ 0
Tulare, California 8 $ 2,120,000 $ 265,000 $ 0
Bay, Florida 8 $ 1,740,000 $ 217,500 $ 0
Bibb, Georgia 8 $ 730,000 $ 91,250 $ 0
Ada, Idaho 8 $ 3,570,000 $ 446,250 $ 0
Jefferson, Kentucky 8 $ 1,060,000 $ 132,500 $ 0
Bristol, Massachusetts 8 $ 3,100,000 $ 387,500 $ 0
Schenectady, New York 8 $ 1,290,000 $ 161,250 $ 0
Kent, Rhode Island 8 $ 3,280,000 $ 410,000 $ 0
Charleston, South Carolina 8 $ 3,310,000 $ 413,750 $ 0
Collin, Texas 8 $ 3,850,000 $ 481,250 $ 0
San Patricio, Texas 8 $ 760,000 $ 95,000 $ 0
Hampton, Virginia 8 $ 1,690,000 $ 211,250 $ 0
Southeastern Connecticut Planning Region, Connecticut 7 $ 2,315,000 $ 330,714 $ 0
Lake, Florida 7 $ 2,895,000 $ 413,571 $ 0
Sarasota, Florida 7 $ 4,805,000 $ 686,428 $ 0
Washington, Maryland 7 $ 1,235,000 $ 176,428 $ 0
Berkshire, Massachusetts 7 $ 1,605,000 $ 229,285 $ 0
Norfolk, Massachusetts 7 $ 3,275,000 $ 467,857 $ 0
Calhoun, Michigan 7 $ 545,000 $ 77,857 $ 0
Ingham, Michigan 7 $ 1,285,000 $ 183,571 $ 0
Dutchess, New York 7 $ 2,205,000 $ 315,000 $ 0
Montgomery, New York 7 $ 555,000 $ 79,285 $ 0
Washington, Oregon 7 $ 4,385,000 $ 626,428 $ 0
Dauphin, Pennsylvania 7 $ 1,675,000 $ 239,285 $ 0
Bowie, Texas 7 $ 1,275,000 $ 182,142 $ 0
Jefferson, Texas 7 $ 775,000 $ 110,714 $ 0
Solano, California 6 $ 2,080,000 $ 346,666 $ 0
Ventura, California 6 $ 3,040,000 $ 506,666 $ 0
Kent, Delaware 6 $ 1,100,000 $ 183,333 $ 0
Escambia, Florida 6 $ 1,000,000 $ 166,666 $ 0
Cherokee, Georgia 6 $ 1,770,000 $ 295,000 $ 0
Walton, Georgia 6 $ 2,750,000 $ 458,333 $ 0
Lake, Illinois 6 $ 1,730,000 $ 288,333 $ 0
Delaware, Indiana 6 $ 700,000 $ 116,666 $ 0
St. Bernard, Louisiana 6 $ 980,000 $ 163,333 $ 0
Cumberland, Maine 6 $ 2,410,000 $ 401,666 $ 0
Allegany, Maryland 6 $ 440,000 $ 73,333 $ 0
Salem, New Jersey 6 $ 1,230,000 $ 205,000 $ 0
Rockland, New York 6 $ 3,610,000 $ 601,666 $ 0
Cabarrus, North Carolina 6 $ 1,500,000 $ 250,000 $ 0
Union, North Carolina 6 $ 1,380,000 $ 230,000 $ 0
Butler, Ohio 6 $ 700,000 $ 116,666 $ 0
Deschutes, Oregon 6 $ 2,740,000 $ 456,666 $ 0
Beaver, Pennsylvania 6 $ 820,000 $ 136,666 $ 0
Lancaster, Pennsylvania 6 $ 1,130,000 $ 188,333 $ 0
Northampton, Pennsylvania 6 $ 1,160,000 $ 193,333 $ 0
Horry, South Carolina 6 $ 3,910,000 $ 651,666 $ 0
Knox, Tennessee 6 $ 1,710,000 $ 285,000 $ 0
Denton, Texas 6 $ 1,440,000 $ 240,000 $ 0
El Paso, Texas 6 $ 1,510,000 $ 251,666 $ 0
Tom Green, Texas 6 $ 1,480,000 $ 246,666 $ 0
Wichita, Texas 6 $ 950,000 $ 158,333 $ 0
Merced, California 5 $ 1,635,000 $ 327,000 $ 0
San Mateo, California 5 $ 5,475,000 $ 1,095,000 $ 0
Fayette, Georgia 5 $ 2,625,000 $ 525,000 $ 0
Henry, Georgia 5 $ 1,535,000 $ 307,000 $ 0
Madison, Illinois 5 $ 835,000 $ 167,000 $ 0
Sangamon, Illinois 5 $ 1,785,000 $ 357,000 $ 0
Allen, Indiana 5 $ 645,000 $ 129,000 $ 0
Oneida, New York 5 $ 995,000 $ 199,000 $ 0
Onondaga, New York 5 $ 1,365,000 $ 273,000 $ 0
Chatham, North Carolina 5 $ 885,000 $ 177,000 $ 0
Currituck, North Carolina 5 $ 2,205,000 $ 441,000 $ 0
Mahoning, Ohio 5 $ 1,695,000 $ 339,000 $ 0
Clackamas, Oregon 5 $ 2,695,000 $ 539,000 $ 0
Erie, Pennsylvania 5 $ 645,000 $ 129,000 $ 0
Lehigh, Pennsylvania 5 $ 1,195,000 $ 239,000 $ 0
Aiken, South Carolina 5 $ 885,000 $ 177,000 $ 0
Anderson, South Carolina 5 $ 655,000 $ 131,000 $ 0
Beaufort, South Carolina 5 $ 1,165,000 $ 233,000 $ 0
Williamson, Tennessee 5 $ 7,185,000 $ 1,437,000 $ 0
Bell, Texas 5 $ 1,435,000 $ 287,000 $ 0
Chambers, Texas 5 $ 295,000 $ 59,000 $ 0
Henrico, Virginia 5 $ 1,135,000 $ 227,000 $ 0
Richmond City, Virginia 5 $ 895,000 $ 179,000 $ 0
Racine, Wisconsin 5 $ 1,585,000 $ 317,000 $ 0
Tuscaloosa, Alabama 4 $ 500,000 $ 125,000 $ 0
Mohave, Arizona 4 $ 1,880,000 $ 470,000 $ 0
Pulaski, Arkansas 4 $ 390,000 $ 97,500 $ 0
Butte, California 4 $ 1,710,000 $ 427,500 $ 0
Santa Cruz, California 4 $ 3,110,000 $ 777,500 $ 0
Sutter, California 4 $ 860,000 $ 215,000 $ 0
Adams, Colorado 4 $ 2,490,000 $ 622,500 $ 0
Charlotte, Florida 4 $ 940,000 $ 235,000 $ 0
Flagler, Florida 4 $ 1,700,000 $ 425,000 $ 0
Gadsden, Florida 4 $ 360,000 $ 90,000 $ 0
Martin, Florida 4 $ 3,140,000 $ 785,000 $ 0
Santa Rosa, Florida 4 $ 710,000 $ 177,500 $ 0
St. Johns, Florida 4 $ 1,830,000 $ 457,500 $ 0
Carroll, Georgia 4 $ 700,000 $ 175,000 $ 0
Hawaii, Hawaii 4 $ 2,560,000 $ 640,000 $ 0
DuPage, Illinois 4 $ 1,390,000 $ 347,500 $ 0
Macon, Illinois 4 $ 970,000 $ 242,500 $ 0
Rock Island, Illinois 4 $ 850,000 $ 212,500 $ 0
Madison, Indiana 4 $ 440,000 $ 110,000 $ 0
Howard, Maryland 4 $ 1,910,000 $ 477,500 $ 0
Worcester, Maryland 4 $ 2,740,000 $ 685,000 $ 0
Bay, Michigan 4 $ 1,000,000 $ 250,000 $ 0
Platte, Missouri 4 $ 1,700,000 $ 425,000 $ 0
Durham, North Carolina 4 $ 620,000 $ 155,000 $ 0
Franklin, North Carolina 4 $ 820,000 $ 205,000 $ 0
Gaston, North Carolina 4 $ 490,000 $ 122,500 $ 0
Lenoir, North Carolina 4 $ 360,000 $ 90,000 $ 0
Wayne, North Carolina 4 $ 460,000 $ 115,000 $ 0
Clark, Ohio 4 $ 340,000 $ 85,000 $ 0
Lorain, Ohio 4 $ 510,000 $ 127,500 $ 0
Tulsa, Oklahoma 4 $ 930,000 $ 232,500 $ 0
Ector, Texas 4 $ 1,530,000 $ 382,500 $ 0
Lubbock, Texas 4 $ 410,000 $ 102,500 $ 0
Randall, Texas 4 $ 2,280,000 $ 570,000 $ 0
Utah, Utah 4 $ 9,770,000 $ 2,442,500 $ 0
Norfolk, Virginia 4 $ 590,000 $ 147,500 $ 0
Kitsap, Washington 4 $ 5,380,000 $ 1,345,000 $ 0
Spokane, Washington 4 $ 1,230,000 $ 307,500 $ 0
Yakima, Washington 4 $ 3,460,000 $ 865,000 $ 0
Kanawha, West Virginia 4 $ 870,000 $ 217,500 $ 0
Morgan, Alabama 3 $ 255,000 $ 85,000 $ 0
Pinal, Arizona 3 $ 1,045,000 $ 348,333 $ 0
El Dorado, California 3 $ 3,255,000 $ 1,085,000 $ 0
Lake, California 3 $ 515,000 $ 171,666 $ 0
Marin, California 3 $ 1,865,000 $ 621,666 $ 0
Arapahoe, Colorado 3 $ 925,000 $ 308,333 $ 0
El Paso, Colorado 3 $ 1,345,000 $ 448,333 $ 0
Pueblo, Colorado 3 $ 885,000 $ 295,000 $ 0
Sussex, Delaware 3 $ 585,000 $ 195,000 $ 0
Citrus, Florida 3 $ 695,000 $ 231,666 $ 0
Indian River, Florida 3 $ 3,265,000 $ 1,088,333 $ 0
Nassau, Florida 3 $ 975,000 $ 325,000 $ 0
Walton, Florida 3 $ 3,075,000 $ 1,025,000 $ 0
Columbia, Georgia 3 $ 445,000 $ 148,333 $ 0
Ware, Georgia 3 $ 445,000 $ 148,333 $ 0
Maui, Hawaii 3 $ 2,995,000 $ 998,333 $ 0
Winnebago, Illinois 3 $ 405,000 $ 135,000 $ 0
Hendricks, Indiana 3 $ 555,000 $ 185,000 $ 0
Vanderburgh, Indiana 3 $ 375,000 $ 125,000 $ 0
Vigo, Indiana 3 $ 315,000 $ 105,000 $ 0
Bullitt, Kentucky 3 $ 805,000 $ 268,333 $ 0
Lafayette, Louisiana 3 $ 275,000 $ 91,666 $ 0
St. Tammany, Louisiana 3 $ 1,295,000 $ 431,666 $ 0
Tangipahoa, Louisiana 3 $ 485,000 $ 161,666 $ 0
Anne Arundel, Maryland 3 $ 775,000 $ 258,333 $ 0
Frederick, Maryland 3 $ 955,000 $ 318,333 $ 0
Dukes, Massachusetts 3 $ 3,915,000 $ 1,305,000 $ 0
Kalamazoo, Michigan 3 $ 1,235,000 $ 411,666 $ 0
Saginaw, Michigan 3 $ 415,000 $ 138,333 $ 0
Boone, Missouri 3 $ 205,000 $ 68,333 $ 0
Pettis, Missouri 3 $ 505,000 $ 168,333 $ 0
Gallatin, Montana 3 $ 3,125,000 $ 1,041,666 $ 0
Washoe, Nevada 3 $ 2,715,000 $ 905,000 $ 0
Fulton, New York 3 $ 265,000 $ 88,333 $ 0
Saratoga, New York 3 $ 1,395,000 $ 465,000 $ 0
Sullivan, New York 3 $ 2,265,000 $ 755,000 $ 0
Halifax, North Carolina 3 $ 405,000 $ 135,000 $ 0
Iredell, North Carolina 3 $ 915,000 $ 305,000 $ 0
Johnston, North Carolina 3 $ 1,225,000 $ 408,333 $ 0
Pitt, North Carolina 3 $ 365,000 $ 121,666 $ 0
Ashland, Ohio 3 $ 295,000 $ 98,333 $ 0
Lake, Ohio 3 $ 505,000 $ 168,333 $ 0
Licking, Ohio 3 $ 265,000 $ 88,333 $ 0
Marion, Ohio 3 $ 215,000 $ 71,666 $ 0
Marion, Oregon 3 $ 1,415,000 $ 471,666 $ 0
Monroe, Pennsylvania 3 $ 745,000 $ 248,333 $ 0
Pike, Pennsylvania 3 $ 405,000 $ 135,000 $ 0
Washington, Pennsylvania 3 $ 385,000 $ 128,333 $ 0
Greenwood, South Carolina 3 $ 685,000 $ 228,333 $ 0
Hamilton, Tennessee 3 $ 445,000 $ 148,333 $ 0
Comal, Texas 3 $ 1,885,000 $ 628,333 $ 0
Coryell, Texas 3 $ 535,000 $ 178,333 $ 0
Hays, Texas 3 $ 1,315,000 $ 438,333 $ 0
Midland, Texas 3 $ 3,225,000 $ 1,075,000 $ 0
Smith, Texas 3 $ 1,825,000 $ 608,333 $ 0
Taylor, Texas 3 $ 385,000 $ 128,333 $ 0
Williamson, Texas 3 $ 975,000 $ 325,000 $ 0
Chesapeake, Virginia 3 $ 505,000 $ 168,333 $ 0
Chesterfield, Virginia 3 $ 1,255,000 $ 418,333 $ 0
Loudoun, Virginia 3 $ 5,165,000 $ 1,721,666 $ 0
Petersburg, Virginia 3 $ 575,000 $ 191,666 $ 0
Suffolk, Virginia 3 $ 845,000 $ 281,666 $ 0
Thurston, Washington 3 $ 1,585,000 $ 528,333 $ 0
Baldwin, Alabama 2 $ 730,000 $ 365,000 $ 0
Madison, Alabama 2 $ 310,000 $ 155,000 $ 0
Cochise, Arizona 2 $ 490,000 $ 245,000 $ 0
Coconino, Arizona 2 $ 1,140,000 $ 570,000 $ 0
Clark, Arkansas 2 $ 670,000 $ 335,000 $ 0
Craighead, Arkansas 2 $ 530,000 $ 265,000 $ 0
Kings, California 2 $ 380,000 $ 190,000 $ 0
Monterey, California 2 $ 730,000 $ 365,000 $ 0
Napa, California 2 $ 1,980,000 $ 990,000 $ 0
Nevada, California 2 $ 560,000 $ 280,000 $ 0
Placer, California 2 $ 3,260,000 $ 1,630,000 $ 0
Santa Barbara, California 2 $ 880,000 $ 440,000 $ 0
Sonoma, California 2 $ 1,530,000 $ 765,000 $ 0
Northeastern Connecticut Planning Region, Connecticut 2 $ 290,000 $ 145,000 $ 0
Northwest Hills Planning Region, Connecticut 2 $ 390,000 $ 195,000 $ 0
Alachua, Florida 2 $ 460,000 $ 230,000 $ 0
Newton, Georgia 2 $ 700,000 $ 350,000 $ 0
Peach, Georgia 2 $ 200,000 $ 100,000 $ 0
Troup, Georgia 2 $ 470,000 $ 235,000 $ 0
Kauai, Hawaii 2 $ 2,610,000 $ 1,305,000 $ 0
Canyon, Idaho 2 $ 2,120,000 $ 1,060,000 $ 0
Peoria, Illinois 2 $ 1,030,000 $ 515,000 $ 0
Elkhart, Indiana 2 $ 380,000 $ 190,000 $ 0
Dallas, Iowa 2 $ 600,000 $ 300,000 $ 0
Webster, Iowa 2 $ 230,000 $ 115,000 $ 0
Reno, Kansas 2 $ 230,000 $ 115,000 $ 0
Fayette, Kentucky 2 $ 190,000 $ 95,000 $ 0
Caddo, Louisiana 2 $ 440,000 $ 220,000 $ 0
Livingston, Louisiana 2 $ 350,000 $ 175,000 $ 0
Ouachita, Louisiana 2 $ 270,000 $ 135,000 $ 0
Charles, Maryland 2 $ 1,660,000 $ 830,000 $ 0
Harford, Maryland 2 $ 590,000 $ 295,000 $ 0
Barnstable, Massachusetts 2 $ 580,000 $ 290,000 $ 0
Clinton, Michigan 2 $ 730,000 $ 365,000 $ 0
Jackson, Michigan 2 $ 270,000 $ 135,000 $ 0
St. Clair, Michigan 2 $ 220,000 $ 110,000 $ 0
Washtenaw, Michigan 2 $ 980,000 $ 490,000 $ 0
Forrest, Mississippi 2 $ 260,000 $ 130,000 $ 0
Lauderdale, Mississippi 2 $ 120,000 $ 60,000 $ 0
Pike, Mississippi 2 $ 290,000 $ 145,000 $ 0
Warren, Mississippi 2 $ 260,000 $ 130,000 $ 0
Camden, Missouri 2 $ 220,000 $ 110,000 $ 0
St. Charles, Missouri 2 $ 1,680,000 $ 840,000 $ 0
Sarpy, Nebraska 2 $ 360,000 $ 180,000 $ 0
Hillsborough, New Hampshire 2 $ 720,000 $ 360,000 $ 0
Dona Ana, New Mexico 2 $ 870,000 $ 435,000 $ 0
Otero, New Mexico 2 $ 500,000 $ 250,000 $ 0
Santa Fe, New Mexico 2 $ 1,780,000 $ 890,000 $ 0
Valencia, New Mexico 2 $ 410,000 $ 205,000 $ 0
Chemung, New York 2 $ 180,000 $ 90,000 $ 0
Ulster, New York 2 $ 710,000 $ 355,000 $ 0
Alamance, North Carolina 2 $ 240,000 $ 120,000 $ 0
Cleveland, North Carolina 2 $ 340,000 $ 170,000 $ 0
Cumberland, North Carolina 2 $ 1,540,000 $ 770,000 $ 0
Harnett, North Carolina 2 $ 260,000 $ 130,000 $ 0
Lee, North Carolina 2 $ 360,000 $ 180,000 $ 0
New Hanover, North Carolina 2 $ 1,160,000 $ 580,000 $ 0
Robeson, North Carolina 2 $ 360,000 $ 180,000 $ 0
Stokes, North Carolina 2 $ 200,000 $ 100,000 $ 0
Allen, Ohio 2 $ 250,000 $ 125,000 $ 0
Greene, Ohio 2 $ 210,000 $ 105,000 $ 0
Hancock, Ohio 2 $ 230,000 $ 115,000 $ 0
Portage, Ohio 2 $ 360,000 $ 180,000 $ 0
Carter, Oklahoma 2 $ 1,460,000 $ 730,000 $ 0
Cleveland, Oklahoma 2 $ 350,000 $ 175,000 $ 0
Comanche, Oklahoma 2 $ 1,470,000 $ 735,000 $ 0
Jackson, Oregon 2 $ 770,000 $ 385,000 $ 0
Polk, Oregon 2 $ 1,010,000 $ 505,000 $ 0
Cumberland, Pennsylvania 2 $ 360,000 $ 180,000 $ 0
Franklin, Pennsylvania 2 $ 250,000 $ 125,000 $ 0
Mifflin, Pennsylvania 2 $ 1,440,000 $ 720,000 $ 0
Northumberland, Pennsylvania 2 $ 170,000 $ 85,000 $ 0
Susquehanna, Pennsylvania 2 $ 1,040,000 $ 520,000 $ 0
Colleton, South Carolina 2 $ 400,000 $ 200,000 $ 0
Marion, South Carolina 2 $ 230,000 $ 115,000 $ 0
Spartanburg, South Carolina 2 $ 220,000 $ 110,000 $ 0
Bradley, Tennessee 2 $ 880,000 $ 440,000 $ 0
Madison, Tennessee 2 $ 220,000 $ 110,000 $ 0
Montgomery, Tennessee 2 $ 730,000 $ 365,000 $ 0
Roane, Tennessee 2 $ 190,000 $ 95,000 $ 0
Sevier, Tennessee 2 $ 2,160,000 $ 1,080,000 $ 0
Brazos, Texas 2 $ 380,000 $ 190,000 $ 0
Cameron, Texas 2 $ 630,000 $ 315,000 $ 0
Cooke, Texas 2 $ 280,000 $ 140,000 $ 0
Guadalupe, Texas 2 $ 540,000 $ 270,000 $ 0
Johnson, Texas 2 $ 470,000 $ 235,000 $ 0
Kaufman, Texas 2 $ 330,000 $ 165,000 $ 0
Lamar, Texas 2 $ 230,000 $ 115,000 $ 0
Young, Texas 2 $ 150,000 $ 75,000 $ 0
Summit, Utah 2 $ 3,740,000 $ 1,870,000 $ 0
Washington, Utah 2 $ 1,350,000 $ 675,000 $ 0
Weber, Utah 2 $ 370,000 $ 185,000 $ 0
Alexandria, Virginia 2 $ 590,000 $ 295,000 $ 0
Danville, Virginia 2 $ 190,000 $ 95,000 $ 0
Hanover, Virginia 2 $ 650,000 $ 325,000 $ 0
Prince William, Virginia 2 $ 780,000 $ 390,000 $ 0
Roanoke, Virginia 2 $ 480,000 $ 240,000 $ 0
Asotin, Washington 2 $ 330,000 $ 165,000 $ 0
Clark, Washington 2 $ 600,000 $ 300,000 $ 0
Grays Harbor, Washington 2 $ 290,000 $ 145,000 $ 0
Cabell, West Virginia 2 $ 290,000 $ 145,000 $ 0
Rock, Wisconsin 2 $ 270,000 $ 135,000 $ 0
Blount, Alabama 1 $ 95,000 $ 95,000 $ 0
Cherokee, Alabama 1 $ 185,000 $ 185,000 $ 0
Dale, Alabama 1 $ 65,000 $ 65,000 $ 0
Etowah, Alabama 1 $ 55,000 $ 55,000 $ 0
Russell, Alabama 1 $ 75,000 $ 75,000 $ 0
Matanuska-Susitna, Alaska 1 $ 555,000 $ 555,000 $ 0
Navajo, Arizona 1 $ 125,000 $ 125,000 $ 0
Yavapai, Arizona 1 $ 275,000 $ 275,000 $ 0
Crittenden, Arkansas 1 $ 95,000 $ 95,000 $ 0
Garland, Arkansas 1 $ 75,000 $ 75,000 $ 0
Greene, Arkansas 1 $ 105,000 $ 105,000 $ 0
Jefferson, Arkansas 1 $ 85,000 $ 85,000 $ 0
Lonoke, Arkansas 1 $ 355,000 $ 355,000 $ 0
Sebastian, Arkansas 1 $ 75,000 $ 75,000 $ 0
Washington, Arkansas 1 $ 165,000 $ 165,000 $ 0
Calaveras, California 1 $ 255,000 $ 255,000 $ 0
Humboldt, California 1 $ 275,000 $ 275,000 $ 0
Lassen, California 1 $ 75,000 $ 75,000 $ 0
Madera, California 1 $ 375,000 $ 375,000 $ 0
Mendocino, California 1 $ 135,000 $ 135,000 $ 0
San Luis Obispo, California 1 $ 835,000 $ 835,000 $ 0
Yolo, California 1 $ 365,000 $ 365,000 $ 0
Yuba, California 1 $ 605,000 $ 605,000 $ 0
Elbert, Colorado 1 $ 1,205,000 $ 1,205,000 $ 0
Jefferson, Colorado 1 $ 545,000 $ 545,000 $ 0
La Plata, Colorado 1 $ 155,000 $ 155,000 $ 0
Larimer, Colorado 1 $ 455,000 $ 455,000 $ 0
Mesa, Colorado 1 $ 265,000 $ 265,000 $ 0
Montrose, Colorado 1 $ 245,000 $ 245,000 $ 0
Pitkin, Colorado 1 $ 2,275,000 $ 2,275,000 $ 0
Weld, Colorado 1 $ 205,000 $ 205,000 $ 0
Lower Connecticut River Valley Planning Region, Connecticut 1 $ 225,000 $ 225,000 $ 0
Clay, Florida 1 $ 215,000 $ 215,000 $ 0
Columbia, Florida 1 $ 235,000 $ 235,000 $ 0
Hendry, Florida 1 $ 265,000 $ 265,000 $ 0
Hernando, Florida 1 $ 235,000 $ 235,000 $ 0
Highlands, Florida 1 $ 135,000 $ 135,000 $ 0
Levy, Florida 1 $ 695,000 $ 695,000 $ 0
Okaloosa, Florida 1 $ 125,000 $ 125,000 $ 0
Washington, Florida 1 $ 95,000 $ 95,000 $ 0
Bulloch, Georgia 1 $ 105,000 $ 105,000 $ 0
Clarke, Georgia 1 $ 255,000 $ 255,000 $ 0
Coweta, Georgia 1 $ 125,000 $ 125,000 $ 0
Dougherty, Georgia 1 $ 85,000 $ 85,000 $ 0
Effingham, Georgia 1 $ 245,000 $ 245,000 $ 0
Floyd, Georgia 1 $ 175,000 $ 175,000 $ 0
Forsyth, Georgia 1 $ 1,255,000 $ 1,255,000 $ 0
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Mortgage Loan Application Detail Totals for Velocity Commercial Capital LLC in 2024

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 4,264 $1,645,990,000 $386,000 $8,005,000 $0 $0
Home Purchase 1,786 $787,980,000 $441,000 $5,005,000 $0 $0
Refinancing 593 $275,455,000 $464,000 $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 3,509 $1,525,095,000 $434,000 $8,005,000 $0 $0
Black or African American 1,195 $319,165,000 $267,000 $3,005,000 $0 $0
White 877 $408,505,000 $465,000 $5,305,000 $0 $0
Hispanic 686 $251,090,000 $366,000 $3,935,000 $0 $0
Asian 312 $181,950,000 $583,000 $6,005,000 $0 $0
Native Hawaiian or Other Pacific Islander 38 $16,990,000 $447,000 $1,385,000 $0 $0
American Indian or Alaskan Native 26 $6,630,000 $255,000 $1,475,000 $0 $0
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) 6,643 $2,709,425,000 $407,000 $8,005,000 $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 3,534 $1,202,410,000 $340,000 $3,935,000 $0 $0
Application Withdrawn By Applicant 2,581 $1,282,475,000 $496,000 $8,005,000 $0 $0
File Closed For Incompleteness 339 $145,355,000 $428,000 $5,005,000 $0 $0
Application Approved But Not Accepted 102 $35,240,000 $345,000 $1,805,000 $0 $0
Application Denied By Financial Institution 87 $43,945,000 $505,000 $5,005,000 $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

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 6,556 $2,665,480,000 $406,000 $8,005,000 $0 $0
Collateral 53 $28,815,000 $543,000 $5,005,000 $0 $0
Other 26 $11,860,000 $456,000 $2,005,000 $0 $0
Credit History 8 $3,270,000 $408,000 $1,485,000 $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
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Velocity Commercial Capital LLC's 2024 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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