Mortgage lender in Zionsville, Indiana
Zionsville keeps its brick Main Street village and its wooded lots along Eagle Creek, and buyers here often come for both. Dillon Baker writes residential loans for Zionsville Community Schools families.
Loan programs common in Zionsville
Dillon Baker is a residential mortgage lender licensed across Indiana, working with Zionsville buyers by text, phone and video from his office at 252 W Main St in Carmel. He handles conventional, jumbo, bank statement and refinance files here, and he doesn't do commercial lending. Reach him directly at 317-847-6869, including evenings and weekends, and expect a same day pre-approval when the documents are ready.
Price points in Zionsville run wider than people expect. There are modest older houses within walking distance of the brick Main Street, larger newer builds in the subdivisions that spread west and north, and wooded properties near Eagle Creek that sit on more land than anything in central Carmel. Larger purchase amounts push a file above conforming limits, and that's where jumbo underwriting takes over.
Jumbo is the program Zionsville buyers ask about most, followed by ordinary conventional financing. Business owners are the other pattern here, and a self employed borrower whose tax returns understate their income can look at a bank statement loan instead. Dillon routes those through EDGE Non-QM, EDGE Expanded and Onslow Bay Bank Statement programs. Reserves, documentation and appraisal standards are stricter on both jumbo and non-QM, and he will confirm the current requirement.
The working method doesn't change with the price. You text 317-847-6869, he answers, and he explains the file in plain English, no jargon-dropping. One document checklist, one credit pull, one Microsoft Teams call, then steady updates while underwriting runs. He flags underwriting issues early instead of the day before closing, which matters more on a jumbo file where a condition can take days to clear. The city's own site is Town of Zionsville.
Buying in Zionsville: questions
Not here? Text it to 317-847-6869 and Dillon answers himself.
When does a Zionsville purchase become a jumbo loan?
When the amount you're borrowing rises above the county loan limit set each year for conforming loans. Above that line, a different set of underwriting rules applies, generally with tighter documentation and larger reserve requirements. The limit changes annually, so Dillon checks the current figure for Boone County against your purchase before he calls a file jumbo.
I'm self employed. Will my tax returns hold me back?
Not necessarily. Standard programs read your returns after deductions, which can understate what you really earn. A bank statement loan looks at deposits over a period instead, through the EDGE and Onslow Bay programs Dillon uses. He will run your file both ways and show you which one your numbers support before you commit.
Do you handle refinancing on a home I already own in Zionsville?
Yes, including cash out refinancing on residential property. What matters is your equity, your credit, your current terms and how long you plan to stay. Dillon won't tell you to refinance for its own sake. He shows the math of the move and lets you decide whether the change earns its costs.