Tex. Fin. Code § 343.203 · Subchapter C. HIGH-COST HOME LOANS
NEGATIVE AMORTIZATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A high-cost home loan may not provide for a payment schedule with regular periodic payments that cause the principal balance to increase, except that this section does not prohibit negative amortization as a consequence of a temporary forbearance, bridge loan, or restructure sought by the borrower.
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 e7aba2b2d62ea391c96ea817c10a97fe85f40ca32dcbdea185110821f7754844
- 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.