Welcome to 5 Taylors Hill Way, a beautifully maintained and spacious 4-bedroom, 4.5-bath home located in the highly desirable Stafford Landing community. Offering over three finished levels of thoughtfully designed living space, this home combines comfort, functionality, and convenience in one exceptional package. From the moment you enter, you'll appreciate the hardwood flooring throughout the main level, abundant natural light, and an open-concept layout perfect for both everyday living and entertaining. The inviting family room features a cozy gas fireplace and flows seamlessly into the kitchen, dining area, and sunroom. The gourmet kitchen is designed to be the heart of the home, featuring a large center island, ample cabinet space, and plenty of room for meal preparation, casual dining, and gathering with family and friends. Adjacent to the kitchen, the sunroom offers a bright and relaxing space overlooking the backyard. For today's work-from-home lifestyle, the main-level office provides a private and dedicated workspace. Upstairs, you'll find a versatile loft area that can serve as a secondary family room, media room, playroom, or study area. All four bedrooms are generously sized, offering comfort and privacy, while the well-designed layout provides ample space for growing households. The fully finished basement is an entertainer's dream, complete with a home theater setup, wet bar, full bathroom, expansive recreation space, and a separate bonus room that could serve as a guest room, home gym, hobby room, office, or potential fifth bedroom (not to code). Major updates and features include: NEW Roof installed May 2026 All windows replaced in 2023 with energy-efficient Super Energy Saver Windows Generac 26KW whole-house generator included, with all required components already installed and operational Hardwood flooring throughout the main level Gas fireplace Main-level office Finished basement with theater area, wet bar, full bath, and bonus room Location truly sets this property apart. Residents enjoy access to community amenities including a nearby HOA tot lot, while commuters benefit from quick access to I-95, Route 1, the Fredericksburg VRE/Amtrak Station, and Leeland VRE Station. Historic Downtown Fredericksburg, Central Park, shopping, dining, entertainment, parks, and recreational opportunities are all just minutes away. Offering space, flexibility, major system upgrades, and an unbeatable location, this exceptional home delivers everything today's buyers are looking for. Schedule your private showing today and discover all that 5 Taylors Hill Way has to offer. Professional photos coming soon.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
