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TITLE 7BANKING AND SECURITIES
PART 5OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 83REGULATED LENDERS AND CREDIT ACCESS BUSINESSES
SUBCHAPTER ARULES FOR REGULATED LENDERS
DIVISION 7INTEREST AND OTHER CHARGES ON SECONDARY MORTGAGE LOANS
RULE §83.708Balloon Payments

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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