Lender profile · HMDA 2023–2025
Velocity Commercial Capital, LLC mortgage approval rates & lending data
Velocity Commercial Capital, LLC decided 10,298 mortgage applications and funded 9,834 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Investment property purchase | 98% | 2,646 / 2,691 | 96% | $255K | 2,541 |
| Investment cash-out refinance | 98% | 6,706 / 6,809 | 98% | $165K | 6,552 |
| Investment refinance | 97% | 777 / 798 | 95% | $255K | 741 |
Velocity Commercial Capital, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 99% | $245K | 1,207 | 1,149 |
| Pennsylvania | 99% | $125K | 1,009 | 981 |
| California | 98% | $525K | 884 | 826 |
| New Jersey | 99% | $375K | 775 | 758 |
| New York | 99% | $425K | 762 | 731 |
| Texas | 98% | $185K | 693 | 659 |
| Ohio | 99% | $95K | 505 | 482 |
| Illinois | 99% | $145K | 445 | 429 |
| Michigan | 99% | $105K | 444 | 432 |
| Georgia | 97% | $195K | 439 | 412 |
| Maryland | 98% | $125K | 379 | 363 |
| North Carolina | 99% | $165K | 245 | 233 |
| Louisiana | 97% | $145K | 219 | 206 |
| Indiana | 98% | $95K | 189 | 184 |
| Wisconsin | 98% | $105K | 180 | 171 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.