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The law takes effect on January 1, 2018, establishing a lower amount for expenses that can be charged to a borrower and removing certain financing expense limitations for a home equity loan, establishing certain authorized lenders to make a home equity loan, changing certain options for the refinancing of home equity loans, changing the threshold for an advance of a home equity line of credit, and allowing home equity loans on agricultural homesteads.
The details of these changes can be found on this page. TheTexasMortgagePros offers Texas Cash Out refinance loans but not HELOC. For more information, contact our Home Loan Specialists at (281) 860-2533. Were Committed To Service, Speed Security. Connect with a Helpful Lender. We commit to connecting you with an approved lender.