Velocity Financial

General Information
Business:

 

We are a vertically integrated real estate finance company founded in 2004. We primarily originate and manage investor loans secured by 1-4 unit residential rental and small commercial properties, which we refer to collectively as investor real estate loans. We originate loans nationwide across our extensive network of independent mortgage brokers which we have built and refined over the 15 years since our inception. Our objective is to be the preferred and one of the most recognized brands in our core market, particularly within our network of mortgage brokers.

Industry: FINANCE SERVICES
Employees: 259
Founded: 2004
Contact Information
Address 30699 Russell Ranch Road, Suite 295, Westlake Village, CA 91362, US
Phone Number (818) 532-3700.
Web Address http://www.velocitymortgage.com
View Prospectus: Velocity Financial
Financial Information
Market Cap
Revenues $147 mil (last 12 months)
Net Income $14.1 mil (last 12 months)
IPO Profile
Symbol VEL
Exchange NYSE
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Wells Fargo Securities/ Citigroup/ JMP Securities
CO-Managers Raymond James
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change