Velocity Commercial Capital in California vs the state
0.6%Denial rate-16.78 pts vs state
1.2%Decision denial rate-21.17 pts vs state
50.0%Origination rate-6.20 pts vs state
9.87%Median rate+3.24 pts vs state
—Rate spread (pts)
—Median applicant income
388Loans originated
5Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 414 | 195 | 1.2% | 10.74% | #249 |
| 2024 | 645 | 327 | 1.4% | 10.49% | #211 |
| 2025 | 776 | 388 | 0.6% | 9.87% | #197 |
What Velocity Commercial Capital lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Velocity Commercial Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 281 | 134 | 3 | 1.1% |
| Riverside County | 47 | 21 | 1 | 2.1% |
| San Diego County | 45 | 21 | 0 | 0.0% |
| San Bernardino County | 44 | 24 | 0 | 0.0% |
| Orange County | 39 | 25 | 0 | 0.0% |
| Alameda County | 39 | 20 | 0 | 0.0% |
| Sacramento County | 36 | 17 | 0 | 0.0% |
| Kern County | 33 | 18 | 0 | 0.0% |
| Contra Costa County | 24 | 12 | 0 | 0.0% |
| Fresno County | 18 | 9 | 1 | 5.6% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 776 applications in 2025, of which 388 were originated and 5 denied.
0.6% of all applications, or 1.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Velocity Commercial Capital originated in California in 2025 was 9.87%, against a statewide median of 6.63%.
About this data. Figures are Velocity Commercial Capital's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology