How HELOCs work in Texas
Texas is the most distinctive state for home equity lending…
HELOC in Texas: rules, rates, and how to qualify
In Texas, home equity lending is governed by Section 50(a)(6) of the state constitution. Total home-equity borrowing is capped at 80% of the home's value, and borrowers get specific protections such as a 12-day cooling-off period before closing.
Frequently asked questions
What is the maximum HELOC I can get in Texas?
Texas caps total home-equity borrowing (first mortgage plus HELOC) at 80% of your home's fair market value.