CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income attributable to Velocity Financial, Inc.	$ 52,273	$ 32,211	$ 29,224
Other comprehensive income, net of tax:
Unrealized loss on cash flow hedges	1,160
Reclassification of derivative gain to income	50
Total other comprehensive loss, net of tax	1,210
Total comprehensive income attributable to Velocity Financial, Inc.	$ 51,063	$ 32,211	$ 29,224