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Earnings Per Share - Schedule of Basic and Diluted Earnings Per Share Calculations (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Basic EPS:
Net income attributable to Velocity Financial, Inc.	$ 22,363	$ 18,887
Less: undistributed earnings attributable to unvested restricted stock awards	312	233
Net earnings attributable to common stockholders	$ 22,051	$ 18,654
Weighted average common shares outstanding	38,626	33,687
Basic earnings per common share	$ 0.57	$ 0.55
Diluted EPS:
Net income attributable to Velocity Financial, Inc.	$ 22,363	$ 18,887
Weighted average common shares outstanding	38,626	33,687
Add dilutive effects for warrants		2,434
Add dilutive effects for stock options	240	237
Add dilutive effects of unvested restricted stock awards	108	128
Add dilutive effects of unvested performance-based stock units	192	322
Add dilutive effects of employee stock purchase plan	8	3
Weighted average diluted common shares outstanding	39,174	36,811
Diluted earnings per common share	$ 0.57	$ 0.51

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The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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Net earnings attributable to common stockholders.

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