Changes to Home Equity Lending in Texas (S.J.R. 60)
Changes to Home Equity Lending in Texas ? (S.J.R. 60)
Please send questions to homeequity@.
Passed by the Texas Legislature on May 6, 2017 Passed by majority of Texas voters on November 7, 2017 Becomes effective for closings on and after January 1, 2018
1. Eliminating the ban on home equity loans on homesteads with agricultural exemptions.
S.J.R. 60 repeals Article XVI, Section 50(a)(6)(I) of the Texas Constitution, the provision prohibiting home equity loans on property with an agricultural exemption other than dairy farms.
As of January 1, 2018, lenders may close 50(a)(6) loans on properties with agricultural exemptions in place at the time of closing.
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- the new rules for the refinance of an existing texas
- notice of refinance of a texas home equity loan
- changes to home equity lending in texas s j r 60
- frequently asked questions regarding texas home equity closed
- revision date 11 21 2017 version 2 0 texas section 50 a 6
- product update 18 01 texas home equity 50 a 6 changes
- texas 50 a 6 home equity vs 50 f 2 refinance q a
Related searches
- difference between home equity loan and heloc
- pnc home equity line of credit
- best home equity loan rates
- home equity loan quicken
- home equity line of credit
- 5 year home equity loan
- quicken home equity loan calculator
- home equity loans rates california
- free home equity loan calculator
- usaa home equity loans
- home equity loans in california
- suntrust home equity line of credit