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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income attributable to Velocity Financial, Inc. $ 14,778 $ 12,183 $ 32,029 $ 22,832
Other comprehensive income, net of tax:        
Net unrealized gain on cash flow hedges arising during the period 909   2,800  
Reclassification adjustments included in net income (105)   8  
Total other comprehensive income, net of tax 804   2,808  
Total comprehensive income attributable to Velocity Financial, Inc. $ 15,582 $ 12,183 $ 34,837 $ 22,832