Discover a prime Broken Bow, OK investment property in the heart of Hochatown at 105 Raintree Rd. Surrounded by towering pines and just minutes from Broken Bow Lake, Beavers Bend State Park, hiking trails, wineries, restaurants, and local attractions, this property offers the perfect blend of privacy, income potential, and convenience. This unique opportunity features a main residence plus a separate 288 square foot short-term rental cabin on the property — ideal for maximizing rental income or hosting guests. Whether you’re searching for a Broken Bow vacation home, Hochatown cabin rental investment, Airbnb property, or multi-unit STR opportunity, this property delivers flexibility and strong earning potential. The main home provides comfortable living spaces with room to relax after a day at the lake or exploring the outdoors. The additional 288 sq ft rental unit creates an immediate opportunity for supplemental income, making this an attractive option for investors looking to capitalize on the thriving Broken Bow short-term rental market. With ample outdoor space to enjoy the natural beauty of Southeast Oklahoma, this property offers the peaceful cabin lifestyle guests and owners seek — all while being close to the area’s most popular destinations. If you’re looking for a Broken Bow cabin with guest house, multi-income potential, or a strategic addition to your STR portfolio, 105 Raintree Rd is a must-see. All furniture, decor, appliances, etc. stay with the property at closing. Schedule your private showing today and secure your place in one of Oklahoma’s fastest-growing vacation rental markets
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.
