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Does this provision ban altering a property collateral loan in advance of their that-year wedding go out?
a property equity mortgage feel modified within one year of the wedding big date?Property guarantee financing during the Texas have to "not signed until the basic anniversary of your own closing go out of any most other family guarantee mortgage safeguarded from the exact same homestead property" Tex. Const. art. XVI, 50(a)(6)(M)(ii).
This supply makes it necessary that an excellent refinancing from an equity mortgage get never be closed before 1 year keeps elapsed just like the closing big date of every almost every other equity loan covered because of the exact same homestead assets
The new constitutional amendment makes it necessary that a collateral mortgage may not be signed before first wedding of closing go out of every most other collateral financing protected from the same homestead assets. (さらに…)