Whether you’re buying your first home, relocating to Portsmouth for military service, or refinancing to achieve your financial goals, The Mortgage Mayor helps Portsmouth residents secure competitive mortgage solutions through a network of 270+ wholesale lenders.
Looking for a mortgage broker in Portsmouth, VA? Adam Charney, “The Mortgage Mayor,” helps Portsmouth homebuyers, military families, and homeowners secure competitive financing through NEXA Lending’s network of more than 270 wholesale lenders.
Portsmouth is one of Hampton Roads’ most historic and strategically located cities, offering waterfront neighborhoods, a growing downtown district, and convenient access to major employers throughout the region. Home to the Norfolk Naval Shipyard and located near multiple military installations, Portsmouth attracts active-duty service members, veterans, healthcare professionals, shipyard workers, and families looking for affordable homeownership opportunities.
Adam specializes in helping Portsmouth buyers navigate the local housing market while identifying mortgage solutions that fit their unique needs. Whether you’re purchasing your first home, upgrading to a larger property, or refinancing an existing mortgage, you’ll receive personalized guidance every step of the way.
With more than 30 years of mortgage experience, a Top 1% national ranking, and access to over 270 wholesale lenders through NEXA Lending, Adam Charney helps Portsmouth borrowers compare multiple loan options to find competitive rates and financing solutions.
Instead of being limited to a single lender’s products, Adam shops multiple wholesale lenders on your behalf, providing more options and personalized support throughout the mortgage process.
Adam Charney serves as Mayor of Cape Charles, Virginia in his individual capacity. Chesapeake Bay Mortgage, Empowered by NEXA Lending, is an independent business and is not affiliated with, sponsored by, or endorsed by the Town of Cape Charles or any government entity. The Mortgage Mayor is a personal brand identifier and does not imply governmental endorsement of mortgage services.
Chesapeake Bay Mortgage, Empowered by NEXA Lending and owned by Adam Charney, is a top mortgage broker serving Portsmouth, Virginia, with more than 30 years of experience and access to 270+ wholesale lenders. The brokerage is BBB accredited with an A plus rating and specializes in VA loans for Portsmouth’s large military community, FHA loans, and first-time homebuyer programs.
Yes, you can buy a home in Portsmouth, Virginia, with no money down using a VA loan if you are eligible military or a veteran, or a USDA loan for qualifying rural-adjacent areas. Chesapeake Bay Mortgage specializes in zero-down Portsmouth home loans for service members at Naval Medical Center Portsmouth and Norfolk Naval Shipyard, with pre-approval available in one business day.
The first step to buying your first home in Portsmouth, Virginia, is to get pre-qualified by a licensed mortgage broker, which takes about 15 minutes and tells you exactly what you can afford. Call Chesapeake Bay Mortgage at 443-253-1188 and Adam Charney will review your credit, income, and down payment, then issue a pre-qualification letter you can use to make offers.
Yes, first-time homebuyers in Portsmouth, Virginia, can use multiple programs including FHA loans with 3.5 percent down, VA loans with zero down for military, USDA loans for eligible areas, and Virginia Housing down payment assistance programs. Chesapeake Bay Mortgage helps Portsmouth first-time buyers stack the right programs for the lowest possible out-of-pocket cost.
Closing costs on a Portsmouth, Virginia, home purchase typically run between two and five percent of the home’s purchase price and include appraisal, title insurance, lender fees, and prepaid taxes and insurance. Chesapeake Bay Mortgage provides a detailed closing cost estimate during pre-approval, and many VA loans in Portsmouth allow the seller to cover all closing costs.
