Velocity Mortgage Capital for California investors
Velocity Mortgage Capital specializes in non-QM rental DSCR including mixed-use and small commercial properties — categories many national lenders won't touch.
California context
California DSCR economics tight in coastal markets but workable in Central Valley. AB1482 statewide rent control caps annual rent increases. Tight STR rules in many cities.
How Velocity Mortgage Capital positions in California
California is well covered by national DSCR lenders, with Velocity Mortgage Capital as one option. Where Velocity Mortgage Capital differentiates: mixed-use and small commercial expertise. Where it competes: rates 7.5 to 11 percent against peer programs.
City-level coverage in California
Velocity Mortgage Capital provides DSCR coverage across California metros including Los Angeles, San Francisco, and San Diego. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Velocity Mortgage Capital program terms apply uniformly across California metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR, multi-family, mixed-use, commercial |
| Loan size | $75K - $5.0M |
| Rates | 7.5%-11% |
| Points | 1 - 3 |
| Max LTV | 75% of ARV |
| Term lengths | 30-year amortization |
| Typical close time | 21-30 days typical |
| California property tax | 0.7% |
| California state income tax | 13.3% |
Velocity Mortgage Capital strengths in California
- mixed-use and small commercial expertise
- broad property type coverage
Ideal borrower: Investor with mixed-use or small commercial properties
FAQ
Yes, operates nationally including California. Velocity Mortgage Capital is based in Westlake Village, CA and operates nationally.
Los Angeles is the top investor market in California and falls within Velocity Mortgage Capital national coverage. Los Angeles property tax follows the California state rate of 0.7 percent. Velocity Mortgage Capital typically underwrites Los Angeles acquisitions at standard rate sheets.
Yes. San Francisco ranks among the larger California investor metros and sees consistent DSCR loan volume from Velocity Mortgage Capital. Submarket variation within San Francisco matters for property selection.
Velocity Mortgage Capital applies the same rate sheet across California metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Los Angeles, San Francisco, and San Diego all qualify for the same Velocity Mortgage Capital program.
Velocity Mortgage Capital indicative DSCR rate range is 7.5 to 11 percent with 1 to 3 points.
California DSCR economics tight in coastal markets but workable in Central Valley. AB1482 statewide rent control caps annual rent increases. Tight STR rules in many cities. Velocity Mortgage Capital follows standard business-purpose loan structures.
Velocity Mortgage Capital funds rental DSCR, multi-family, mixed-use, commercial in California.
California has some restrictions on prepayment penalty structures; Velocity Mortgage Capital typically uses 3-5 year step down.
Velocity Mortgage Capital typical close: 21-30 days typical.
Bottom line
Velocity Mortgage Capital in California works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Velocity Mortgage Capital.