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Home > Title 7 > Part 5 > Chapter 83 >Subchapter A > Rule 83.708
TITLE 7 - BANKING AND SECURITIES
PART 5 - OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 83 - REGULATED LENDERS AND CREDIT ACCESS BUSINESSES
SUBCHAPTER A - RULES FOR REGULATED LENDERS
SECTION/RULE §83.708 - Balloon Payments
Chapter Review Date 02/22/2020

Balloon payments are authorized in a secondary mortgage loan unless prohibited by other applicable law (for example, the high cost mortgage rules of Regulation Z - Truth in Lending, 12 C.F.R. §1026.32(d)(1), and Texas Finance Code, §343.202).

Source Note: The provisions of this §83.708 adopted to be effective November 9, 2006, 31 TexReg 8994; amended to be effective November 4, 2010, 35 TexReg 9698; amended to be effective July 10, 2014, 39 TexReg 5142.

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