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Related Party Transactions - Summary of Related Party Transactions Completed (Details) $ in Thousands	3 Months Ended
	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