Tucked into the established Pocono Farms East community, Oak Cabin is the kind of place that makes you exhale the moment you walk in. This eclectic, wood-filled home blends warm, natural character with a relaxed boho vibe — a true turn-key escape whether you're after a weekend getaway, a four-season mountain residence, or a ready-made short-term rental in one of Monroe County's most rental-friendly townships. The open-concept main floor is built for togetherness. A spacious living and dining area flows right into a fully equipped kitchen, so no one's ever far from the conversation. The living room centers around a large wood-burning fireplace — the heart of the home on a chilly mountain night — with cozy spots to land everywhere you look, from a comfy couch and oversized ottoman to a hanging chair that's bound to become everyone's favorite seat. A main-floor bedroom and a full bath with a walk-in shower round out the downstairs, making single-level living easy when you want it. Upstairs, two more bedrooms offer comfortable retreats, served by a second full bath. The real charm up here is the balcony loft overlooking the living room below — complete with a little reading nook that's perfect for curling up with a book or simply soaking in the cabin's airy, light-filled feel. The kitchen comes ready for everything from morning coffee to a full family dinner, and modern conveniences like WiFi and smart TVs mean you stay connected when you want to — and unplug when you don't. On the lower level, there is a huge, unfinished basement for tons of storage, laundry--or you can finish it for another living space. Beyond your front door, you're part of a long-established, country-quiet community just three miles north of Mt. Pocono, with a community center and neighborhood events that give the area a genuine sense of connection. And the whole Pocono playground is right at your fingertips — minutes from skiing, hiking, kayaking, and waterfalls, with Tobyhanna State Park, Kalahari's indoor waterpark, Mount Airy Casino, the Crossings Premium Outlets, and Camelback all close at hand. It's all within the well-regarded Pocono Mountain School District. Whether you're looking to decompress, reconnect, or recharge, Oak Cabin is ready to welcome you home. Schedule your showing today and come experience the easygoing Pocono lifestyle for yourself.
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.
