Chesapeake Bay Mortgage serves Exmore and the surrounding Northampton County communities with USDA Rural Development loans, VA loans for veterans, FHA, and conventional financing. Adam Charney (NMLS #220477) is based in Cape Charles, 14 miles south — and works every file personally. Book a call below.
Exmore is the commercial center of Northampton County, Virginia — the hub town of Virginia’s lower Eastern Shore peninsula. It sits at the intersection of US-13 and County Road 617, roughly 14 miles north of Cape Charles. The area includes Nassawadox (3 miles north), Belle Haven, Franktown, and a cluster of rural communities that are largely USDA Rural Development eligible.
Northampton County’s real estate market is characterized by:
Affordable entry-level prices: The Northampton County median home value runs significantly below statewide Virginia medians, making it one of the more accessible markets on the Shore for first-time buyers.
Rural character: The majority of properties sit on larger lots, in unincorporated communities, and in ZIP codes that qualify for USDA Rural Development loan programs — allowing eligible buyers to purchase with zero down payment (subject to income limits and property eligibility per USDA Rural Development).
Waterfront component: Nassawadox Creek, Occohannock Creek, and Chesapeake Bay access properties do appear in the area and typically require conventional or jumbo financing with flood zone awareness.
Military buyer profile: Veterans from Norfolk-area bases who relocate or retire to the Eastern Shore represent a meaningful share of the Northampton County buyer pool — VA loan familiarity and zero-down eligibility are important factors.
Investor and renovation buyers: Older housing stock in Exmore and surrounding communities creates opportunity for 203(k) renovation loan buyers and investors targeting lower-priced fixer-uppers.
Note: Hyperlocal price data for Exmore specifically is thin in public aggregators. All price claims on this page use Northampton County-level data with source attribution. Refresh annually.
Exmore’s ZIP code (23350) and most surrounding Northampton County communities fall within USDA Rural Development eligible areas (verify current property eligibility at rd.usda.gov). USDA loans allow 100% financing — zero down payment — for eligible buyers who meet income limits. Chesapeake Bay Mortgage works with USDA-approved wholesale lenders through NEXA’s network to match buyers with competitive USDA programs.
VA loans are available for eligible veterans, active-duty service members, and qualifying surviving spouses. Northampton County has a meaningful veteran population — many are retirees from Norfolk-area commands who chose the Eastern Shore for its rural character and affordability. VA loans offer zero down payment, no private mortgage insurance, and competitive rates. Verify eligibility at VA.gov.
FHA loans require as little as 3.5% down for buyers with qualifying credit scores and can be stacked with Virginia Housing Down Payment Assistance grants for additional help at closing. Learn more about DPA programs at Virginia Housing.
Conventional loans work well for buyers with stronger credit profiles or for homes that do not meet FHA property condition requirements (common with older housing stock in rural markets like Exmore). Conforming loan limits for Northampton County are set annually by the FHFA — verify current limits at fhfa.gov.
Exmore and surrounding communities have older housing stock that may not qualify for standard financing in as-is condition. FHA 203(k) renovation loans allow buyers to finance purchase price plus renovation costs in a single loan. Chesapeake Bay Mortgage has experience guiding buyers through the 203(k) process on the Eastern Shore.
Creekfront and Bay-access properties in Nassawadox, Belle Haven, and unincorporated Northampton County occasionally exceed conforming loan limits. Jumbo loan products are available for qualifying buyers. Flood zone disclosure and FEMA flood insurance requirements apply to waterfront and low-lying properties — verify at FEMA Flood Map Service Center.
Yes. Chesapeake Bay Mortgage serves Exmore, Virginia and all of Northampton County from its Cape Charles office, 14 miles south. Adam Charney (NMLS #220477) works with Exmore buyers in person or through a complete remote loan process. Call 757-996-5020 to get started.
Exmore’s ZIP code and most Northampton County communities are in USDA Rural Development eligible areas, which means qualifying buyers may be able to purchase with zero down payment. Income limits and property eligibility apply — verify current eligibility at USDA Rural Development or call Chesapeake Bay Mortgage at 757-996-5020.
Chesapeake Bay Mortgage offers VA loans for eligible veterans, active-duty service members, and qualifying surviving spouses buying or refinancing in Exmore and the surrounding Northampton County area. VA loans provide zero down payment and no private mortgage insurance for eligible borrowers. Verify eligibility at VA.gov.
Yes. FHA loans are available in Exmore and throughout Northampton County. FHA loans can be stacked with Virginia Housing Down Payment Assistance for eligible first-time buyers. Chesapeake Bay Mortgage works through NEXA Lending’s wholesale network to source competitive FHA programs. Learn about DPA options at Virginia Housing.
Yes. The FHA 203(k) renovation loan is well-suited for older housing stock common in Exmore and Northampton County. It allows buyers to finance the purchase price plus renovation costs in a single loan. Chesapeake Bay Mortgage has experience with 203(k) files on the Eastern Shore. Call 757-996-5020 for details.
Properties on Nassawadox Creek, Occohannock Creek, or with Chesapeake Bay access may require conventional or jumbo financing and carry flood insurance requirements. Chesapeake Bay Mortgage is familiar with waterfront properties and FEMA flood zone requirements in Northampton County. Verify flood zone status at FEMA Flood Map Service Center.
Chesapeake Bay Mortgage is located at 109 Mason Ave Suite D in Cape Charles, Virginia, approximately 14 miles south of Exmore on US-13. Adam Charney also offers a complete remote loan process — Exmore buyers can complete the entire mortgage from application to closing without an in-person visit.
Conforming loan limits are set annually by the Federal Housing Finance Agency. Current limits for Northampton County, Virginia are available at FHFA.gov. Loans above the conforming limit require jumbo financing, which Chesapeake Bay Mortgage also offers through its wholesale lender network.
The Mortgage Mayor is Adam Charney, a 29-year mortgage broker and the elected Mayor of Cape Charles, Virginia. He leads Chesapeake Bay Mortgage, Empowered by NEXA Lending (NMLS #220477), and has ranked in the Top 1% of NEXA’s 3,600 loan officers nationwide. For Exmore buyers, his local knowledge of Northampton County’s rural property eligibility landscape — especially USDA and VA — sets him apart from national lenders.
Yes. Chesapeake Bay Mortgage helps first-time buyers in Exmore and Northampton County navigate Virginia Housing’s Down Payment Assistance programs, which can be layered with FHA or USDA loans. Eligibility depends on income, credit, and property requirements — book a call at 757-996-5020 or online to find out what you qualify for. More information at Virginia Housing.
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.
Book a call with Adam Charney. No pressure — just answers.
Adam Charney NMLS #220477 | NEXA Lending LLC NMLS #1660690 | AZBK #2006218 | Equal Housing Lender. Adam Charney is licensed in Delaware, Florida, Kentucky, Maryland, Pennsylvania, Texas, and Virginia. 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.
Rates subject to change. Subject to credit approval. Not a commitment to lend. [Privacy Policy] · Last Updated: June 2026
