Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 343.203: NEGATIVE AMORTIZATION.

Where this section sits in the code

FINANCE CODE
TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
SUBTITLE B. LOANS AND FINANCED TRANSACTIONS
CHAPTER 343. HOME LOANS
SUBCHAPTER C. HIGH-COST HOME LOANS

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.

Added by Acts 2001, 77th Leg., ch. 622, Sec. 1, eff. Sept. 1, 2001.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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