Finance
The Texas Home Equity Loan/HELOC rules require that at least 12 days must pass between:
AThe time of application and the loan closing
BThe time the lender provides required disclosures and the loan closing✓ Correct
CThe property appraisal and the loan closing
DThe title commitment and the loan closing
Explanation
Texas constitutional protections require that at least 12 days pass after the lender provides the required disclosures (including the equity loan notice) before the home equity loan can close. This gives the homeowner time to review the terms.
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