Mortgage lender in Indianapolis, Indiana
Dillon Baker was born and raised in Indianapolis, and he still lends across Marion County, from Broad Ripple and Meridian-Kessler to Fountain Square and Irvington. Text him and you get the person, not a queue.
Programs Indianapolis buyers use most
Indianapolis buyers reach Dillon by text, phone and video, and his office at 252 W Main St in Carmel is a short drive up Meridian when a meeting helps. He writes FHA, first time buyer, down payment assistance, investor and renovation files for Marion County homes, residential only. Every inquiry hits his phone at 317-847-6869 the moment it's sent, and he answers it himself.
No two Indianapolis neighborhoods price or appraise alike. Meridian-Kessler and Broad Ripple hold large older houses with the maintenance history to match. Fountain Square and the near east side carry smaller bungalows and doubles, plenty of them rebuilt in the last ten years. Irvington sits somewhere between. Marion County also has real investor activity, so a buyer can find themselves bidding against someone paying cash.
That mix shapes the programs. FHA and first time buyer financing carry most of the owner occupied volume, often alongside down payment assistance programs through Rate. Renovation loans fit the bungalow that needs a kitchen and a furnace. Investors ask about DSCR loans, which qualify on the property's rental income rather than the borrower's pay stubs. Dillon writes residential files only and doesn't do commercial lending.
Dillon grew up here, so he knows what it means to buy your first house in this city. He calls a home an anchor, an asset, and often the first real step toward generational wealth, and his first time process is education first. Text 317-847-6869, get one document checklist and one credit pull, then a Microsoft Teams call. His past files have cleared to close in about 12 days on average. The city's own site is City of Indianapolis and Marion County.
Buying in Indianapolis: questions
Not here? Text it to 317-847-6869 and Dillon answers himself.
How much do I actually need for a down payment in Indianapolis?
It depends on the program and on your credit, and there are low down payment options plus down payment assistance programs through Rate for buyers who qualify. Eligible VA and USDA borrowers may need no down payment at all. Dillon will run your actual figure rather than quote a rule, because the honest answer is personal to your file.
Can I buy a rental property in Marion County through you?
Yes, on residential property. A DSCR loan qualifies on the rent the property is expected to produce rather than on your personal income documents, which suits investors whose tax returns are complicated. Terms, reserves and down payment requirements are stricter than on an owner occupied purchase. Dillon doesn't write commercial or business loans.
Do you work with buyers on the east side and older housing stock?
Yes, all across Marion County. Older houses come with older systems, and the inspection often shapes the negotiation more than the loan does. Dillon will tell you what a given program expects of the property's condition before you write the offer, so a repair requirement doesn't derail your closing date.