Tex. Fin. Code § 343.001 · Subchapter A. GENERAL PROVISIONS
DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this chapter:
(1) "Bridge loan" means temporary or short-term financing requiring payment of only interest until the entire unpaid balance is due.
(2) "Home loan" means a loan that is:
(A) made to one or more individuals for personal, family, or household purposes; and
(B) secured in whole or part by:
(i) a manufactured home, as defined by Section 347.002, used or to be used as the borrower's principal residence; or
(ii) real property improved by a dwelling designed for occupancy by four or fewer families and used or to be used as the borrower's principal residence.
(3) "Restructure" means a change in the payment schedule or other terms of a home loan as a result of the borrower's default.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 622, Sec. 1, eff. Sept. 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.343.htm
- Text hash
- sha256 1d46fd1050309b33dd7c26a6cb522a4bfc115fe1763c76b19f819f947a2c9128
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.