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#2199465 - 11/30/18 01:57 PM HOME EQUITY
Bbgreen Offline
Member
Joined: Jan 2014
Posts: 76
Texas
Are their any prohibitions against Texas Home Equity Laws in the following situation:
Customer is being deeded property and then turning around and doing home equity loan? I don't think there is, but I just want to make sure.

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Lending Compliance
#2199470 - 11/30/18 02:07 PM Re: HOME EQUITY Bbgreen
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,369
Galveston, TX
There are no seasoning requirements to get a home equity loan found Texas law. You just can't refinance a home equity loan within one year.
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#2199485 - 11/30/18 02:57 PM Re: HOME EQUITY Bbgreen
Bbgreen Offline
Member
Joined: Jan 2014
Posts: 76
Texas
Thank you!

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