Tex. Fin. Code § 343.102 · Subchapter B. PROVISIONS RELATING TO HOME LOANS IN GENERAL
DISCLOSURE IN CONNECTION WITH CERTAIN HOME LOANS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Notwithstanding the approval by the voters on Sept. 13, 2003, of the constitutional amendment authorizing the continuation of this section, this section expired as provided by Subsection (b) on Sept. 1, 2003.
(a) For a home loan with an interest rate of 12 percent or greater a year, when the lender makes the disclosure required under the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. Section 2601 et seq.), as amended, for the good faith estimate, or if that Act does not apply, three business days after the date the application is made, the lender shall also provide to the borrower:
(1) a statement regarding the value of mortgage counseling before taking out a home loan;
(2) a list of the nearest available housing counseling agencies approved by the United States Department of Housing and Urban Development;
(3) a list of other resources where mortgage information can be found, including toll-free telephone numbers and online resources; and
(4) other disclosures required by the finance commission, including an official notice regarding high-cost home loans.
(b) This section expires September 1, 2003.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., Ch. 622 (S.B. 1581), Sec. 1, eff. Sept. 1, 2001.
Amended by Acts 2003, 78th Leg., Ch. 1207 (S.B. 1067), Sec. 4, eff. Sept. 13, 2003.
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 f25da354de1d89c3cc3f1c3093ee438169356e644da290d9d0346c2dd2bf6eb7
- 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
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.