Underwriting Q & A | Are the Texas home equity loan laws changing effective January 1, 2018?

Q: Are the Texas home equity loan laws changing effective January 1, 2018?

A: Yes, in connection with the November election, the voters of the State of Texas approved amendments to the Texas Constitution. Significant changes have been detailed in Underwriting Bulletin # 2017-03. Link: https://fnti.com/docs/Underwriting%20Bulletins/TX%20Bulletin%202017-03%20Home%20Equity%20Changes%2012-2017.pdf