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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Statement of Comprehensive Income [Abstract]        
Net income attributable to Velocity Financial, Inc. $ 25,373 $ 15,803 $ 70,257 $ 47,832
Other comprehensive income (loss), net of tax:        
Net unrealized gain (loss) on cash flow hedges arising during the period 98 (4,161) (2,571) (1,362)
Reclassification adjustments included in net income 192 (92) 459 (83)
Total other comprehensive income (loss), net of tax 290 (4,253) (2,112) (1,445)
Total comprehensive income attributable to Velocity Financial, Inc. $ 25,663 $ 11,550 $ 68,145 $ 46,387