Skip to content
GeoDataVision
Learn More - Click Here!

Thread Options
#1915734 - 04/18/14 03:13 PM Texas Home Equity - Record Retention requirements
Ninky Offline
Gold Star
Ninky
Joined: Nov 2002
Posts: 357
We cannot find anything specific to Home Equity in the TX constitution for record retention. Can anyone share what the requirements are and where to find that information?

Return to Top
#1915941 - 04/18/14 07:15 PM Re: Texas Home Equity - Record Retention requirements Ninky
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 79,893
Galveston, TX
The retention of what?
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top
#1916028 - 04/18/14 09:32 PM Re: Texas Home Equity - Record Retention requirements Ninky
Ninky Offline
Gold Star
Ninky
Joined: Nov 2002
Posts: 357
Proof of TX requirements:

-Receipt of Notice Concerning Extension of Credit
-Statements verifying they have not signed blank instruments
-Statements they rec'd final appl and disclos 1 day in advance
-Signed Notice of Penalties for Making False or Misleading Statements
-Voluntary Designation of Homestead
-Acknowledgment of Fair Market Value
You know, Texas HEL specific requirements.

Return to Top
#1916072 - 04/20/14 01:59 PM Re: Texas Home Equity - Record Retention requirements Ninky
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 79,893
Galveston, TX
No different than the length of time you are required to keep documents for any other loan you make.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  Andy_Z