Exhibit 21.1

Velocity Financial, Inc. Subsidiaries

Name of Subsidiary	Jurisdiction of Incorporation or Organization
Velocity Commercial Capital, LLC	California
Century Health & Housing Capital, LLC	Delaware
New Day Business Finance LLC	Delaware
New Day Commercial Capital LLC	Delaware
VCC ABF, LLC	Delaware
VCC ND, LLC	Delaware
VCC Mortgage Securities, LLC	Delaware
VCC Capital Source Financing, LLC	Delaware
Velocity Commercial Capital Loan Trust 2016-1	New York
Velocity Commercial Capital Loan Trust 2017-2	New York
Velocity Commercial Capital Loan Trust 2018-1	New York
Velocity Commercial Capital Loan Trust 2018-2	New York
Velocity Commercial Capital Loan Trust 2019-1	New York
Velocity Commercial Capital Loan Trust 2019-2	New York
Velocity Commercial Capital Loan Trust 2019-3	New York
Velocity Commercial Capital Loan Trust 2020-1	New York
Velocity Commercial Capital Loan Trust 2020-2	New York
Velocity Commercial Capital Loan Trust 2021-1	New York
Velocity Commercial Capital Loan Trust 2021-2	New York
Velocity Commercial Capital Loan Trust 2021-3	New York
Velocity Commercial Capital Loan Trust 2021-4	New York
Velocity Commercial Capital Loan Trust 2022-1	New York
Velocity Commercial Capital Loan Trust 2022-2	New York
Velocity Commercial Capital Loan Trust 2022-MC1	Delaware
Velocity Commercial Capital Loan Trust 2022-3	New York
Velocity Commercial Capital Loan Trust 2022-4	New York
Velocity Commercial Capital Loan Trust 2022-5	New York
Velocity Commercial Capital Loan Trust 2023-1	New York
Velocity Commercial Capital Loan Trust 2023-1R	Delaware
Velocity Commercial Capital Loan Trust 2023-2	New York
Velocity Commercial Capital Loan Trust 2023-RTL1	Delaware
Velocity Commercial Capital Loan Trust 2023-3	New York
Velocity Commercial Capital Loan Trust 2023-4	New York
Velocity Commercial Capital Loan Trust 2024-1	New York