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Document and Entity Information
Nov. 03, 2021
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Nov. 03, 2021
Entity Registrant Name Velocity Financial, Inc.
Entity Incorporation, State or Country Code DE
Entity File Number 001-39183
Entity Tax Identification Number 46-0659719
Entity Address, Address Line One 30699 Russell Ranch Road
Entity Address, Address Line Two Suite 295
Entity Address, City or Town Westlake Village
Entity Address, State or Province CA
Entity Address, Postal Zip Code 91362
City Area Code 818
Local Phone Number 532-3700
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0001692376
Title of 12(b) Security Common stock, par value $0.01 per share
Trading Symbol VEL
Security Exchange Name NYSE