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Loans Held for Investment and Loans Held for Investment at Fair Value - Schedule of Nonaccrual With No Allowance for Loan Loss and Total Nonaccrual of Loans Held for Investment (Details) - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 | Sep. 30, 2022
--- | --- | --- | ---
Financing Receivable Impaired [Line Items] |  |  |
Total Nonaccrual | $ 347,300 | $ 295,339 |
Nonaccrual with No Allowance for Loan Loss | 338,587 | 282,777 |
Nonaccrual with Allowance for Loan Loss | 8,713 | 12,562 |
Allowance for Loans Individually Evaluated | $ 854 | $ 1,096 | $ 874
Percentage of Allowance to Total Nonaccrual Loans with Allowance | 9.90% | 8.70% |
Commercial - Purchase |  |  |
Financing Receivable Impaired [Line Items] |  |  |
Total Nonaccrual | $ 24,013 | $ 22,571 |
Nonaccrual with No Allowance for Loan Loss | 23,077 | 22,437 |
Nonaccrual with Allowance for Loan Loss | 936 | 134 |
Allowance for Loans Individually Evaluated | $ 137 | $ 28 | 6
Percentage of Allowance to Total Nonaccrual Loans with Allowance | 1.60% | 0.20% |
Commercial - Refinance |  |  |
Financing Receivable Impaired [Line Items] |  |  |
Total Nonaccrual | $ 93,080 | $ 87,133 |
Nonaccrual with No Allowance for Loan Loss | 89,247 | 82,330 |
Nonaccrual with Allowance for Loan Loss | 3,833 | 4,803 |
Allowance for Loans Individually Evaluated | $ 415 | $ 517 | 369
Percentage of Allowance to Total Nonaccrual Loans with Allowance | 4.80% | 4.10% |
Residential 1-4 Unit - Purchase |  |  |
Financing Receivable Impaired [Line Items] |  |  |
Total Nonaccrual | $ 40,235 | $ 27,984 |
Nonaccrual with No Allowance for Loan Loss | 40,235 | 27,516 |
Nonaccrual with Allowance for Loan Loss |  | 468 |
Allowance for Loans Individually Evaluated |  | $ 118 | 118
Percentage of Allowance to Total Nonaccrual Loans with Allowance |  | 0.90% |
Residential 1-4 Unit - Refinance |  |  |
Financing Receivable Impaired [Line Items] |  |  |
Total Nonaccrual | 138,951 | $ 113,909 |
Nonaccrual with No Allowance for Loan Loss | 137,249 | 111,742 |
Nonaccrual with Allowance for Loan Loss | 1,702 | 2,167 |
Allowance for Loans Individually Evaluated | $ 171 | $ 175 | 176
Percentage of Allowance to Total Nonaccrual Loans with Allowance | 2.00% | 1.40% |
Short Term 1-4 Unit - Purchase |  |  |
Financing Receivable Impaired [Line Items] |  |  |
Total Nonaccrual | $ 7,804 | $ 8,140 |
Nonaccrual with No Allowance for Loan Loss | 7,644 | 8,140 |
Nonaccrual with Allowance for Loan Loss | 160 |  |
Allowance for Loans Individually Evaluated | $ 23 |  |
Percentage of Allowance to Total Nonaccrual Loans with Allowance | 0.30% |  |
Short Term 1-4 Unit - Refinance |  |  |
Financing Receivable Impaired [Line Items] |  |  |
Total Nonaccrual | $ 43,217 | 35,602 |
Nonaccrual with No Allowance for Loan Loss | 41,135 | 30,612 |
Nonaccrual with Allowance for Loan Loss | 2,082 | 4,990 |
Allowance for Loans Individually Evaluated | $ 108 | $ 258 | $ 205
Percentage of Allowance to Total Nonaccrual Loans with Allowance | 1.20% | 2.10% |
Individual Loan Evaluation |  |  |
Financing Receivable Impaired [Line Items] |  |  |
Troubled Debt Restructuring included in nonaccrual loans: |  | $ 25 |

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