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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net income $ 25,734 $ 26,170 $ 48,033 $ 44,818
Net income (loss) attributable to noncontrolling interest 571 173 507 (66)
Net income attributable to Velocity Financial, Inc. 25,163 25,997 47,526 44,884
Other comprehensive income (loss), net of tax:        
Net unrealized loss on cash flow hedges arising during the period (153) (1,613) (67) (2,669)
Reclassification adjustments included in net income 196 205 402 267
Total other comprehensive income (loss), net of tax 43 (1,408) 335 (2,402)
Total comprehensive income attributable to Velocity Financial, Inc. $ 25,206 $ 24,589 $ 47,861 $ 42,482