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FinancingOrganizations: Saluda Grade, ZippyBy RISE Community editorsPosted on RISE

Saluda Grade backs manufactured home lender Zippy with $20 million Series C

Saluda Grade announced on Wednesday that it put $20 million into Zippy, a manufactured housing lender and servicer, through a Series C round.

Key facts

  • Saluda Grade invested $20 million in Zippy, a lender and servicer focused on manufactured housing, in a Series C round.
  • Ben Halliday and Jordan Bucy, both former JPMorgan Chase bankers, started Zippy in 2021.
  • Zippy operates across a 27-state footprint and reports more than $600 million in capital commitments.
  • Saluda Grade manages $4.1 billion in assets.
  • According to the Manufactured Housing Institute, manufactured homes were 9% of single-family housing starts in 2025 and an estimated 5% of U.S. households in 2024.

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Read the original at HousingWire (opens in a new tab)

Source: Saluda Grade invests $20M in manufactured housing lender Zippy — HousingWire, October 14, 2026. Summary and commentary by RISE Community; read the full story at the source.

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