Norfolk, Virginia

Norfolk mortgage broker.
Tidewater history, Navy timelines.

From a Ghent condo to a cottage near Ocean View, Norfolk homes come with Navy timelines, older construction and tidal water nearby. We look at all three while comparing lenders, and you work with one Virginia-licensed loan officer from contract to settlement.

Takes about 2 minutes. A quick inquiry, not a loan application.

VA • Renovation • FHA • Conventional • Bank Statement • Jumbo • DSCR Investor • Bridge

Mermaid City

A Navy town with a lot of history.

Norfolk is home to Naval Station Norfolk, which the Navy describes as the largest naval complex in the world. It is also a city of older neighborhoods, rental demand near Old Dominion University and homes close to the water. We plan around all three.

Naval Station Norfolk families

From a first tour to retirement, we help eligible sailors, Marines and veterans use the VA benefit and plan around military timelines.

Early 1900s homes, clear plans

Ghent, Colonial Place, Park Place and Larchmont are full of older homes. When one needs updates, renovation financing can cover the purchase and the work in one loan.

Tidal flooding, asked early

Parts of Norfolk sit low and near tidal water. Virginia sellers must disclose known repeat flood-loss history, and we help you get flood quotes before you commit.

Rentals near ODU and the base

Investors buying near Old Dominion, and service members keeping a home after a move, can use a DSCR loan that qualifies on rental income.

Norfolk programs

Sailors, students and historic-home lovers.

Buying near the base for the first time? Picking up a duplex near ODU, a Colonial Place fixer-upper or an East Beach condo? Each points somewhere else in the list below.

VA

No down payment required for eligible borrowers, earned through service. VA loans for Norfolk buyers.

Often a fit for: sailors and Marines at Naval Station Norfolk, veterans and eligible surviving spouses.

FHA

A lower down payment and flexible credit guidelines, insured by FHA. FHA loan basics.

Often a fit for: first-time buyers in Ocean View, Wards Corner and Norview.

Renovation

Finance the purchase and planned improvements together, based on value after the work.

Often a fit for: Ghent, Colonial Place, Park Place and Lafayette-Winona buyers.

Conventional

Buy or refinance with options from many lenders.

Often a fit for: civilian and military buyers with established credit.

DSCR Investor

The home’s rent carries the qualification.

Often a fit for: landlords near ODU and service members keeping a home after a PCS.

Bank Statement & Asset-Based

Deposits or liquid assets stand in for tax returns.

Often a fit for: shipyard contractors and maritime business owners.

Jumbo

Loans above $832,750 for waterfront homes in Larchmont, Edgewater and the Hague.

Often a fit for: waterfront and move-up buyers.

Bridge

Buy the next home before selling this one. Bridge loan details.

Often a fit for: move-up buyers staying in Hampton Roads.

Owning in Norfolk

Could your next Norfolk move be into a home you own?

Renting near the base or campus does not have to be the long-term plan. Lower down payment options exist on more than one loan type, and relatives can often help through gift funds. Our job is to show you the cash each one requires.

City neighborhoods

Ghent, Ocean View and every corner of Norfolk.

We help buyers in every Norfolk neighborhood and in the neighboring South Hampton Roads cities.

Central Norfolk

Downtown · Freemason · Ghent · The Hague · Colonial Place · Park Place · Riverview · Lafayette-Winona

North & East Norfolk

Larchmont · Edgewater · Wards Corner · Ocean View · East Beach · Bayview · Ingleside

Nearby cities

Virginia Beach · Chesapeake · Portsmouth · Suffolk · Hampton · Newport News

Chesapeake, Portsmouth and the rest of Hampton Roads are covered by our Virginia license. Headed to the Carolinas next? We are licensed there as well.

Client reviews

Stories from clients we've served.

Read all reviews on Google ↗

    
 
 
       Posted on Google  
   
   Lynda N 
 
 
 
 Trustindex verifies that the original source of the review is Google. Matt and Jordyn have been absolutely phenomenal to work with. This is now my second home purchase using Oak Capital and I couldn’t be happier with the communication and honesty and speed. 10/10 recommend!
  
 
      Posted on Google  
   
   Shontek S 
 
 
 
 Trustindex verifies that the original source of the review is Google. Working with Matthew and Jordyn was truly an amazing experience. From the beginning to the closing table, they made the entire home buying process feel smooth, stress-free, and manageable. They were patient, knowledgeable, responsive, and always willing to answer my questions throughout every step.

There were moments during the process that felt overwhelming, but they continuously reassured and guided me through it all. Their professionalism, communication, and dedication made such a difference for me and my family. I’m beyond grateful for their hard work in helping me become a homeowner. I highly recommend them to anyone looking to purchase a home!”
  
 
      Posted on Google  
   
   Shane S 
 
 
 
 Trustindex verifies that the original source of the review is Google. I've used Hayden and his team twice for a mortgage and a refinancing and cannot recommend them enough. Throughout the whole process, they remained exceptionally responsive and easy to communicate with, making each process as smooth and simple as it could possibly be. Their knowledge and ability to proactively move the process along allowed me to take a seat back and know that I was in good hands. Hayden always kept in mind the rate that I wanted to refinance at and regularly reached out to me until we approached a time where we could make it happen. The refinancing process was as seamless as I could imagine it going. Great people who are working on your side and are always available to assist.
  
 
      Posted on Google  
   
   Ryan Y 
 
 
 
 Trustindex verifies that the original source of the review is Google. Wonderful/professional experience throughout the entire process from start to finish. The staff always answered my questions same day. They took the time to actually speak with me and the best options. Highly recommend Oak Capital Mortgage!!!
  
 
      Posted on Google  
   
   Alyssa R 
 
 
 
 Trustindex verifies that the original source of the review is Google. Hayden and Oak Capital Mortgage are awesome! Hayden acted like a partner every step of the way, always available when I needed him  most, and always collaborative. This was my first time buying a house and I was doing it solo. Hayden always stayed cool and collected, and was also on top of things when I wanted to jump on an offer. I was talking to a few lenders in the beginning, but Hayden is the only one who just reached out (even after I signed on with him) to see how things were going, say hi, ask about the house hunt, and just be friendly and that all went a long way. Closing was a breeze on his end (even though I myself had a little hiccup, he was cool about it and always solutions-oriented). Thanks Hayden!
  
 
      Posted on Google  
   
   DEBRA H 
 
 
 
 Trustindex verifies that the original source of the review is Google. Matthew and Jordyn were amazing to work with! They are very knowledgeable, proactive and detail oriented! Closing ahead of schedule! Nice work! Highly recommend them to anyone looking for a home loan!
  
 
      Posted on Google  
   
   Sam M 
 
 
 
 Trustindex verifies that the original source of the review is Google. Something so boring as a mortgage shouldn't also be stressful. And yet, it tends to be. Matthew Hassey and Jordyn Minton at Oak Capital couldn't fix the boring part, but they definitely made it less stressful. They were extremely clear and communicative, and answered each and every question I had, no matter how absurd. Do yourself a favor and work with them.
  
 
      Posted on Google  
   
   Anthony M 
 
 
 
 Trustindex verifies that the original source of the review is Google. Everything was great. Thank you for being there for us.
  
 
      Posted on Google  
   
   Visal S 
 
 
 
 Trustindex verifies that the original source of the review is Google. Matthew Hassey and his team at Oak Capital are the best ! They will take care of you like they did us! It was smooth and easy and we walked away happier than we expected!
  
 
      Posted on Google  
   
   John S 
 
 
 
 Trustindex verifies that the original source of the review is Google. As first time homeowners, my wife and I were naturally overwhelmed with information as we were shopping around lenders, to the point that we almost backed out of the whole ordeal. That is, until we switched to Oak Capital Mortgage and were paired with Hayden Wilson. Hayden was honest and transparent with us throughout the entire process from the moment he picked up the phone, and for that reason alone, I cannot recommend these folks enough. Nothing hidden from us, and every scenario laid out clearly for us to evaluate everything in its entirety.  10/10 service - you guys knocked it out of the park.

Questions

Norfolk buyers ask us.

Don’t see yours? Call (877) 991-7283.

What does Virginia's flood disclosure tell me about a Norfolk house?

Sellers must disclose if they know the home is a repetitive risk loss structure, meaning it has a history of multiple flood insurance claims. Use that, plus questions about past water in the home, to judge risk. It’s worth asking even when nothing is disclosed.

Will my lender require flood insurance in Larchmont or Ocean View?

Ask before you offer. Pieces of Larchmont, Ocean View and other neighborhoods near the Lafayette River and the bay are mapped as flood hazard areas, and a federally backed loan in one of those zones requires coverage. The premium can noticeably change your payment, so get a quote with your first look at the numbers.

Can a VA loan cover an older Ghent home that needs repairs?

Yes, if the home meets VA minimum property requirements by settlement. Some repairs can be handled before closing, and for bigger projects a renovation loan may be worth comparing. We’ll sort out which route fits.

Can I close on a Norfolk home if I'm about to deploy?

Often. A specific power of attorney can let someone sign for you, if the lender and settlement agent approve it in advance. Tell us your deployment dates early so the documents are ready.

Can I pick my own settlement agent in Virginia?

Yes. Virginia law gives buyers the right to choose their settlement agent, which may be an attorney or a licensed title company or agent. We coordinate with whoever you pick.

How do investors finance houses near Old Dominion University?

Plenty of Norfolk landlords do. Houses around Old Dominion in Larchmont-Edgewater and Lamberts Point rent to students and staff, and you can qualify on that rent through a DSCR loan or on your own earnings with an investment-property loan. We run both and show you the cash needed for each.

Local market guides

More Virginia guides.

Virginia overview · Richmond · Virginia Beach · Northern Virginia · Charlottesville

Orders in hand? Let's get started.

Ashore in Norfolk or still waiting on orders? Reach us by phone or through the online form, and you will hear back from a licensed loan officer directly.

Oak Capital Mortgage, LLC · NMLS #1960829 · 1800 Central Ave, Suite 301, Charlotte, NC 28205. All loans are subject to credit approval and underwriting.

Norfolk mortgage broker.Tidewater history, Navy timelines.