Velocity Mortgage Capital

If you want a lender with a proven history of success, look no further than that of Velocity Mortgage Capital. Their portfolio’s performance paints a clear picture with its very low delinquency rate. Since the beginning in 2004, Velocity Mortgage Capital has successfully designed their mortgage product using a blend of common sense underwriting and simple processing. This culminated to produce their “No Income Verification” product that has led to over $1 billion dollars in portfolio lending in 2015. Velocity Mortgage Capital has been reported as having a book leveraged at 62%, that carries a WAC of north of 8%, with a weighted mid fico score of 700+.