Zippy
Zippy is a digital direct lender that originates, services, and insures manufactured home loans entirely online, serving individual borrowers, manufactured home community operators, and banking partners across 20+ U.S. states.
- Company typePrivate
- Founded2021
- HeadquartersAustin, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Zippy does
Zippy, Inc. is a digital direct lender that originates, services, and insures manufactured home loans through a fully online platform accessible to consumers across 20+ U.S. states. The company was founded in 2021 by former J.P. Morgan bankers Ben Halliday (CEO) and Jordan Bucy (President), who drew on direct experience owning and operating a manufactured home community to design a lending product for an underserved segment. Operating subsidiaries include Zippy Loans, LLC (lending and servicing, NMLS #2189776), Zippy Insurance Services, LLC (homeowners insurance agency), Zippy Loan Servicing, LLC, Zippy Settlement Services, LLC, Zippy Management, LLC, Zippy Homes, LLC, and Zippy Technology, LLC (software). The corporate headquarters mailing address is in Beaverton, Oregon, while the company originated in Dallas, Texas and maintains a public-facing presence in Austin.
The core product is the Zippy Loans Platform, a cloud-native digital lending system hosted on AWS that enables borrowers to pre-qualify (with no credit impact), complete applications, upload documents, track status, and close loans entirely online in as few as five days. Supporting infrastructure includes a digital borrower portal, a partner portal for manufactured home community operators, SOC 2 Type II compliant security (TLS 1.2+ in transit, AES at rest, AWS Secrets Manager, third-party penetration testing), and integrated servicing operations that handle payment collection, escrow, default/foreclosure support, and disaster relief. The technology stack is treated in source material as 'industry-first' for manufactured home lending, which historically relies on manual, paper-based workflows.
Zippy earns revenue through four primary streams: (1) loan origination fees ($2,300 or 3% of base loan amount on California originations of $10,000+), (2) net interest income on loans held directly on balance sheet at fixed rates with no pre-payment penalties, (3) loan servicing fees (including late and NSF fees) collected by Zippy Loan Servicing, LLC, and (4) insurance commissions earned by Zippy Insurance Services, LLC on homeowners policies. Go-to-market combines a digital self-serve funnel (zippymh.com, apply.zippymh.com), inside sales through licensed 'Zippy Guides,' and a B2B2C channel in which manufactured home community operators refer residents and prospective buyers to Zippy and track applications through the partner portal. Banking partners such as FirstBank participate both as investors (Series A) and as a pathway to broaden affordable-housing distribution.
Zippy firmographics
Firmographics- Name
- Zippy
- Legal name
- Zippy, Inc.
- Website
- https://zippymh.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Zippy is a digital direct lender that originates, services, and insures manufactured home loans entirely online, serving individual borrowers, manufactured home community operators, and banking partners across 20+ U.S. states.
- Ownership category
- akta.pro rank
Zippy industry classification
Industry- Product category
- Digital Manufactured Home Lending
- NAICS
- Nondepository Credit Intermediation (5222)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Subprime Installment Loans (Non-Prime Personal Loans) (FSAKAOAA)
- akta.pro secondary industry
- Near-Prime Unsecured Personal Loans (Installment) (FSAKAAAB)
Keywords
Where Zippy is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Zippy business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others
Revenue model
- Loan Origination Fees: Zippy charges origination/administrative fees on each loan originated. For California loans of $10,000+, the fee is $2,300 or 3% of the base loan amount. These are one-time fees collected at loan closing.
- Net Interest Income (Loan Portfolio): As a direct lender, Zippy originates and holds manufactured home loans on its balance sheet, earning interest income over the life of the loan. Loans feature fixed rates with no pre-payment penalties. The company services the loans it originates.
- Loan Servicing Fees: Zippy Services (Zippy Servicing, LLC) handles loan servicing for its portfolio, collecting monthly payments from borrowers. Servicing revenue includes late fees (5% of unpaid installment after 15-day grace period for California loans) and NSF fees ($15 per returned payment).
- Insurance Products: Zippy Insurance Services, LLC, a licensed insurance agent, offers homeowners' insurance policies to borrowers, earning commissions. The insurance business is marketed alongside loan products as an integrated homeownership service.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | California loans $10,000 and above — APR 7.5%–15.5% |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Zippy product offering
Product offeringCore offering
Zippy is a digital-first direct lender that originates, underwrites, services, and finances manufactured home loans through a 100% online platform. Borrowers can pre-qualify (no credit impact), apply, and close on new or pre-owned manufactured home loans in as little as five days, supported by licensed "Zippy Guide" loan originators. The company also offers homeowners insurance through Zippy Insurance Services, LLC and distributes its loans via a partner portal to manufactured home community operators.
Product overview
Zippy is a digital lending platform for manufactured home loans, structured as a unified product with integrated loan origination and servicing capabilities. The core offering is the Zippy Loans Platform, which enables borrowers to apply, get pre-qualified, and close loans online in as little as five days. Supporting the platform are loan servicing operations (Zippy Servicing, LLC), homeowners insurance products (Zippy Insurance Services, LLC), and technology services (Zippy Technology, LLC). The company operates across more than half of U.S. states as a direct lender specializing exclusively in manufactured home financing.
Differentiator
Problem solved
Functional benefit
Products and services
- Manufactured Home Loans (Zippy Loans Platform)
- Loan Servicing Post-origination loan servicing including payment collection, escrow management, default/foreclosure support, customer communications, and disaster relief support. Available via phone (844-959-4779) and email ([email protected]) to existing Zippy borrowers.
- Homeowners Insurance Homeowners' insurance policies offered to Zippy borrowers as an integrated homeownership service, placed through partnered insurers via Zippy Insurance Services, LLC (a licensed insurance agent; e.g., Texas General Lines Agency – Property & Casualty License #2780327). Available to borrowers in states where Zippy Insurance Services is licensed.
Quantifiable outcome
- Loan origination in as little as five days — significantly faster than traditional manufactured home lenders
- +2 more outcomes
Companies that use Zippy
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Zippy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Zippy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Manufactured Home Community OperatorscoreZippy partners with manufactured home community operators (park owners and managers) to provide financing options for their residents. Community managers refer prospective buyers to Zippy and gain access to a partner portal for tracking application status. Zippy handles the entire loan process including tag and title work, reducing friction for both residents and community operators.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Zippy competitors and assessment
Company assessmentDirect peers
- 21st Mortgage Corporation: A Berkshire Hathaway subsidiary and the largest U.S. manufactured home lender, directly competing with Zippy in financing for both site-set and chattel MH loans. 21st Mortgage is the dominant incumbent that Zippy's digital platform is built to disrupt.
- Vanderbilt Mortgage and Finance: Another Berkshire Hathaway-owned manufactured home lender offering chattel and real estate MH financing. Operates in overlapping states with Zippy and represents the traditional, relationship-based lending model Zippy is digitizing.
- Triad Financial Services: A specialty manufactured housing lender (owned by ECN Capital) offering chattel, real estate, and land-home loans. Directly comparable in product mix and target borrower, though operating with a more traditional origination process.
- Cascade Financial Services: A regional manufactured home chattel lender focused on the Pacific Northwest and Western U.S. Provides similar installment loan products to MH buyers with overlapping geographies in Washington, Oregon, and other Zippy-licensed states.
- Better.com: A digital-first mortgage lender using a fully online application and approval process. Operates as a direct competitor in the digital consumer mortgage experience, though focused on site-built homes rather than manufactured housing.
- Figure Technologies: A blockchain-native lending platform with home equity and HELOC products and an active real-world asset (RWA) tokenization strategy. Closely comparable to Zippy on the combination of digital consumer lending plus on-chain loan funding.
Broad incumbents
- Rocket Mortgage: The largest U.S. digital mortgage lender, owned by Rocket Companies. While not MH-specialized, Rocket's digital-first origination platform and national scale make it the benchmark for the consumer-facing lending experience Zippy is bringing to manufactured housing.
- SoFi Technologies: A digital consumer finance platform offering mortgages, personal loans, and other credit products online. Overlaps with Zippy as a nonbank, technology-led lender building a vertically integrated financial services ecosystem.
- LendingTree: An online loan marketplace connecting borrowers with multiple lenders across consumer credit products. Relevant as a comparison point for Zippy's digital consumer acquisition model, though LendingTree does not hold loans or focus on manufactured housing.
Emerging players
- Credit Human Federal Credit Union: A credit union that has been expanding manufactured home lending programs for its members. Represents a growing set of mission-driven, affordable-housing-focused lenders that overlap with Zippy's target borrower demographic.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Zippy social profiles
Digital presenceZippy compliance and trust
Trust signalCompliance4 records
Zippy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Zippy leadership team
Management profileNumber of profiles
Profiles8 records
Zippy subsidiaries and ownership
Company hierarchySubsidiaries7 records
Zippy funding detail
Funding detailFunding overview
Funding rounds7 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Zippy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Zippy
What does Zippy do?
Zippy is a digital-first direct lender that originates, underwrites, services, and finances manufactured home loans through a 100% online platform. Borrowers can pre-qualify (no credit impact), apply, and close on new or pre-owned manufactured home loans in as little as five days, supported by licensed "Zippy Guide" loan originators. The company also offers homeowners insurance through Zippy Insurance Services, LLC and distributes its loans via a partner portal to manufactured home community operators.
Is Zippy a public or private company?
Zippy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Zippy founded?
Zippy was founded in 2021. It employs 101 to 250 people.
Where is Zippy based?
Zippy is headquartered in Austin, United States, in the North America region.
How does Zippy make money?
Four revenue lines are on record. Loan Origination Fees are the primary driver. The others are net Interest Income (Loan Portfolio), loan Servicing Fees and insurance Products.
Who are Zippy's main competitors?
Direct peers on record are 21st Mortgage Corporation, Vanderbilt Mortgage and Finance, Triad Financial Services, Cascade Financial Services, Better.com and Figure Technologies. Broad incumbents are Rocket Mortgage, SoFi Technologies and LendingTree. Credit Human Federal Credit Union is listed as an emerging player.
Does Zippy have an API?
No public API is recorded for Zippy.
What industry is Zippy in?
Zippy's product category is Digital Manufactured Home Lending. Its primary akta.pro industry code is FSAKAOAA, Subprime Installment Loans (Non-Prime Personal Loans), with a secondary code of FSAKAAAB, Near-Prime Unsecured Personal Loans (Installment). Its NAICS code is 5222 and its SIC code is 6141.