Document and Entity Information
Jan. 21, 2022
Cover [Abstract]  
Amendment Flag false
Entity Central Index Key 0001692376
Document Type 8-K
Document Period End Date Jan. 21, 2022
Entity Registrant Name Velocity Financial, Inc.
Entity Incorporation State Country Code DE
Entity File Number 001-39183
Entity Tax Identification Number 46-0659719
Entity Address, Address Line One 30699 Russell Ranch Road
Entity Address, Address Line Two Suite 295
Entity Address, City or Town Westlake Village
Entity Address, State or Province CA
Entity Address, Postal Zip Code 91362
City Area Code (818)
Local Phone Number 532-3700
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common stock, par value $0.01 per share
Trading Symbol VEL
Security Exchange Name NYSE
Entity Emerging Growth Company false