Set within the Hunt Ridge Preserve community of Purcellville, 36972 Bridle Ridge Lane unfolds across nearly two acres, where open space stretches behind the home and a distant tree line frames the setting without closing it in. That same sense of scale carries through the home itself, with four bedrooms, three full and two half baths, and over 6,000 square feet of total space across three levels, shaping a layout that moves comfortably from one space to the next. From the moment you arrive, the depth of the homesite and the distant tree line come into view. Inside, a two-story foyer opens into a central hall, where the transition into the main living spaces is defined by a series of keystone-trimmed arches, giving a clear sense of structure as you move through. The formal dining room carries four-piece dentil molding, adding detail and finish without overwhelming the space, while a private office with French doors sits just off to the side. Further in, the home opens into the spaces that carry everyday living. The family room, centered around a fireplace and framed by a coffered ceiling, connects seamlessly to the kitchen, where the scale and layout are immediately apparent. A generous center island fitted with dual dishwashers anchors the space, creating a natural gathering point, while the butler’s pantry and separate walk-in pantry keep prep and storage tucked just out of view. Just beyond, the club room draws in natural light throughout the day, with vaulted ceilings, a second fireplace, and views that extend across the rear of the property and surrounding landscape. Upstairs, the primary suite is set apart with the scale and layout to function as a true retreat, where windows take in the surrounding landscape and frame views toward Short Hill Mountain. The space is complemented by dual walk-in closets and a well-appointed bath with a soaking tub, separate shower, and dual vanities. The secondary bedrooms are laid out with a balance of privacy and connection—one with its own en-suite, and two joined by a Jack & Jill bath. The walk-out lower level, already roughed-in for a full bath, offers a clear opportunity to expand—whether for additional living space, a guest suite, or a recreation area that evolves with your needs. Outside, the property continues to unfold. The nearly two-acre homesite is both open and framed, with the rear of the property extending toward a tree line and the surrounding space allowing for a variety of uses. The raised garden beds and established plantings introduce structure and seasonality to the landscape without taking away from the openness of the lot. Hunt Ridge Preserve offers a quieter, more tucked-away setting while still keeping you close to everything that defines western Loudoun. Just minutes from the center of Purcellville, you’re surrounded by local restaurants, coffee shops, farm markets, breweries, and wineries, along with everyday conveniences right nearby. Outdoor recreation is woven into the area, with access to the W&OD Trail, Franklin Park, and the Blue Ridge foothills just beyond. Located just minutes from the heart of Purcellville, with access to Route 7 for commuting toward Leesburg, Ashburn, and beyond, the home offers a balance of space, setting, and convenience.
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.
