Texas Finance Code

§ 342.308 — AMOUNTS AUTHORIZED TO BE COLLECTED OR ADDED TO LOAN

FI § 342.308Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 342. CONSUMER LOANS · Art. G. INTEREST AND OTHER CHARGES ON SECONDARY MORTGAGE LOANS

Statute text

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(a)A lender or a person who is assigned a secondary mortgage loan may collect on or before the closing of the loan, or include in the principal of the loan:

(1)reasonable fees for:

(A)title examination and preparation of an abstract of title by:

(i)an attorney who is not an employee of the lender; or

(ii)a title company or property search company authorized to do business in this state; or

(B)premiums or fees for title insurance or title search for the benefit of the mortgagee and, at the mortgagor's option, for title insurance or title search for the benefit of the mortgagor;

…

Legislative history

Acts 2005, 79th Leg., Ch. 1018 (H.B. 955), Sec. 2.21, eff. September 1, 2005. Acts 2025, 89th Leg., R.S., Ch. 667 (H.B. 4738), Sec. 2, eff. January 1, 2026.