About Velocity Financial Llc
Velocity Financial (NYSE:VEL) is a real estate finance company that focuses on creating, acquiring, and managing loans secured by residential properties. Specializing in investment and rental property loans, it provides tailored financial solutions to meet the unique needs of property investors and small business owners. Velocity Financial aims to bridge the gap in the market by offering innovative and flexible lending options that cater to the specific needs of its clients, ensuring they have the financial support needed to grow and succeed in the competitive real estate market. Its objective is to maximize returns for its shareholders through disciplined risk management and operational efficiency, while expanding its portfolio of loan products to address the evolving demands of the market.
Snapshot
Operations
Products and/or services of Velocity Financial Llc
- Real Estate Investor Loans: Specialized loan products tailored for residential real estate investors, offering both long-term rental and short-term fix-and-flip financing options.
- Commercial Loans: Financing solutions for commercial properties, including mixed-use, multi-family, and office spaces, with a focus on serving small to mid-sized business owners.
- Bridge Loans: Short-term financing options designed to bridge the gap for investors or businesses between purchasing or renovating properties and securing permanent financing.
- Portfolio Loans: Custom loan packages that allow real estate investors to consolidate multiple property loans into a single, manageable loan, optimizing their investment strategy.
- Refinance Programs: Offerings include cash-out refinance options for property investors looking to access equity in their existing portfolios for expansion or improvement.
- Investor Services: Comprehensive support and advisory services for real estate investors, including loan counseling, property investment strategies, and market analysis.
Velocity Financial Llc executive team
- Mr. Christopher D. FarrarCo-Founder, CEO, President & Director
- Mr. Mark R. SzczepaniakChief Financial Officer
- Mr. Jeffrey T. TaylorExecutive Vice President of Capital Markets
- Mr. Joseph A. CowellChief Operating Officer
- Ms. Fiona TamChief Accounting Officer
- Mr. Christopher J. OltmannCorporate Treasurer & Director of Investor Relations
- Mr. Roland Thomas Kelly J.D.Chief Legal Officer, General Counsel & Corporate Secretary