MH FINANCING – Zippy’s Record Growth Secures Additional Investment to Drive Further Scalability and Meet Growing Demand for Chattel Home Loans
Grows Team to Continue Serving Manufactured Home Buyers and Community Operators, Announces New VP of Sales
Manufactured home chattel (home only) loan availability is critical in the growing demand for affordable homeownership. The following are excerpts from a news release referencing the continuance of a fairly new lender, (Zippy), poised to continue serving that growing demand.
Source: Zippy – Community-focused chattel lender, Zippy., announced the company has raised additional investment from Brand Foundry and repeat investors to drive further scalability and fuel the growing demand for manufactured home loans, Zippy’s growth trajectory positions the company on path to being one of the largest lenders in the manufactured housing industry, as the company celebrates their second year in business. Earlier this year, Zippy announced a Series A investment from Nashville-based FirstBank who partnered with Zippy to broaden opportunities for affordable homeownership and fulfill their shared mission to provide modern lending solutions for buyers of manufactured homes.
Since its launch, Zippy has cemented partnerships with renowned owner-operators of manufactured home communities, which has played a pivotal role in fueling the company’s exponential growth. Zippy also announces the appointment of new VP of Sales, Jessie Field, who joins Zippy’s team of determined, mission-focused, industry experts, in driving B2B2C growth and facilitating the transformation of businesses into publicly traded companies.
Zippy’s industry-first, cutting edge platform is at the core of the company’s success. This investment will allow Zippy to continue on their initial success of providing community partners the technology needed to offer competitive loans to homebuyers. Through Zippy’s digital borrower portal, Community Home Sellers can manage their customer’s loan progress in real time, with the portal delivering new loan status updates, document requests, closing updates, and digital marketing tools. A similar experience for home buyers offers a digital borrower portal, a friendly loan officer guiding the process from start to finish, and a zippy-fast closing.
Zippy currently offers manufactured home loans in 17 states including Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Oregon, Kentucky, Michigan, Missouri, South Carolina, Texas, Virginia and Wisconsin, with plans to be in more than half of the country by the end of the year.
For more information on Zippy, visit: www.zippymh.com
ABOUT ZIPPY:
Zippy is a fintech company offering fully digital, fast and seamless manufactured home loans. Through Zippy’s first-to-market full stack digital lending platform, the company is providing an innovative solution for Manufactured Housing Community Operators and providing a modern and accessible experience for home buyers. Founded in 2021 by bankers-turned community operators, CEO Ben Halliday, and President and COO, Jordan Bucy, Zippy’s team is composed of mission-driven seasoned industry professionals working to expand housing affordability through modern consumer lending solutions and innovative software for the modern community home seller.
