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v3.26.1

Related Party Transactions - Summary of Related Party Transactions Completed (Details) $ in Thousands | 3 Months Ended
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Mar. 31, 2026 USD ($)
Related Party Transactions [Abstract] |
Securitized debt issued to affiliates | $ 6,750

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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- Definition Securitized debt issued. + References No definition available. + Details
Name: | vel_SecuritizedDebtIssued
Namespace Prefix: | vel_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration