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How Texas Home Equity Loans Really Work - CUTX
Texas law does not permit more than one home equity loan to be issued for the same house at the same time. If you have an equity loan with an outstanding balance, you must pay off the entire amount or refinance it into a new home equity loan. This applies no matter how much equity your house possesses. One year, one loan.
https://www.cutx.org/financial-advice-a...
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