We solve problems in the beginning to avoid surprises in the end.

Our team is dedicated to the success and prosperity of our clients and we achieve that by committing ourselves to closing your loan.

Velocity caters to the small commercial arena by providing small investors with a lending source that fits. DCR issues? Self-employed? Owner-Occupied? No Problem!

We will help you through the process. We fund several loans regularly through brokers who seldom see commercial deals, and consider themselves residential brokers.

No, Velocity does not accept existing appraisals. As you'll see in the next FAQ, we handle the appraisal ordering process.

Velocity will handle the ordering of an appraisal. We will assign the job to our base of preferred appraisers in order to attain the best pricing available for your borrower.

At the top of each Velocity Web page is a "Send Us Your Loan” button that will take you to a quick online application. Complete the application and your personal Account Executive will contact you shortly.

Velocity Commercial Capital is a wholesale direct lender and therefore does not conduct business with borrowers directly. We would be happy to recommend you to a local mortgage broker in your area.

No, Velocity provides permanent loans against existing income producing commercial properties.

DCR or Debt-Coverage-Ratio is a calculation using the income property's annual Net Operating Income or NOI and then divided by the loan's annual debt service to formulate a ratio. Most lenders require a minimum DCR and that minimum varies among property types. For example if a property has a NOI of $25,000 and the loan has a debt service of $20,000, the DCR would be 1.25.

Ex. 25,000 / 20,000 = 1.25 DCR = 1.25

This is done by calculating the following Income and Expenses of the property:

Yes…and what that means is that every loan must have a personal guarantor.

Velocity will handle this for you! Please fill out our environmental questionnaire found in the forms section of our website.

Yes, we do allow CLTV’s up to the max matrix LTV but we do not provide the 2nd or subordinate financing.

Yes, we have a very competitive owner-user program!

We typically fund loans within 30 to 45 days. Of course getting loans funded quickly involves a combined effort with both broker and lender doing their parts effectively and efficiently.

Yes, of course! Most states, however, require the broker to be licensed in the state where the property is being financed. Please check with the regulatory body in your state.

Yes. However, like the vast majority of commercial real estate loans, Velocity loans do contain a prepayment premium.

Yes, if the new borrower qualifies.

We are a direct lender and we securitize all of the loans we originate. Velocity is not a broker.

We have a very simple process to get approved. Please see our broker agreement in the forms section of our website.

No, Velocity is a real estate lender and funds loans based upon the value of the underlying real estate. Velocity will fund loans which are owner-operator properties/scenarios, but will not include the value of the business as a part of the financing.

Have more questions? Velocity has more answers.