Velocity Mortgage Capital Opens New Austin Office – NMP Skip to main content

Velocity Mortgage Capital Opens New Austin Office

Jul 11, 2018
Velocity Mortgage Capital has unveiled its Women in Real Estate (WIRE) initiative to encourage more women to become involved in real estate investment

Velocity Mortgage Capital has announced the opening of its newest office in Austin, Texas. Velocity is a nationwide, direct portfolio lender dedicated exclusively to providing investment property loans for residential one- to four-family, multi-family, mixed-use and small-balance commercial properties. Velocity’s investment property loans range from temporary, short-term, credit repair and fix-and-flip programs to 30-year, fully amortizing mortgages with flexible terms to meet the diverse needs of real estate investors.
 
“The market for residential one- to four-, multi-family, mixed-use and small-balance commercial properties is strong all across the country,” said Velocity Mortgage Capital Chief Executive Officer Chris Farrar. “Opening our Austin office provides us with the opportunity to work with brokers in Texas and other states in the central region of the U.S. to provide capital to self-employed real estate investors who might not qualify for traditional bank loans.”
 
Commercial mortgage industry veteran Stan Salter will lead the new Austin office and serve as Velocity’s Regional Sales Manager. He joined the firm’s Westlake, Calif. headquarters as an Account Manager in 2013 and was tapped to open the new regional office. Before joining Velocity, he worked for other commercial mortgage firms in roles with increasing degrees of responsibility.
 
“Our goal is to increase the footprint in Texas and surrounding states,” Salter said. “We have an opportunity to build something here.”


 
About the author
Published
Jul 11, 2018
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026