24 Speckle Trout Route Spanish Fort AL Home For Sale

Speckle Trout Route | Spanish Fort AL | Spanish Fort Homes

Spanish Fort AL is a very desirable place to call home, especially if you live at 24 Speckle Trout Route in Spanish Fort Estates. This home is one of those spectacular homes that buyers (and agents) oooo and ahhh over. It has everything and the pool and backyard is incredible. If you are searching for Spanish Fort homes, make sure to check this one out. It have been priced very well. We predict a quick sale on this one.

Check out the property website: SpeckleTroutRoute.com

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New Guidelines for USDA Home Loans

Effective October 1, 2011, USDA will decrease the upfront Guaranty Fee from 3.5% to 2.0% for new purchase transactions. However, at this time USDA will be adding an annual fee that will be paid monthly by the borrower, which is similar to FHA. The new annual premium will be based on .30 basis points on the unpaid principle balance, to be paid in monthly increments.

USDA loans are a great loan if you and the property qualify. In our area of Baldwin County, basic guidelines are that the home you are purchasing must be outside of the city limits of Fairhope, Daphne and Spanish Fort, Alabama. Of course, there are other requirements including income, so talk to a lending specialist for details.

Special thanks and credit to Sherry Peoples with Mortgage America, Inc.  for keeping us informed of these important changes.

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