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FREQUENTLY ASKED QUESTIONS REGARDING 50(f)(2) …
1e6d36a04c8f99a5d1a2-8c18c2dfd7134d7cb32bd63167bf4c6c.ssl.cf1.rackcdn.comAnswer: A rate/term refinance of a 50(a)(6) Texas home equity loan is governed by Article XVI, Section 50(f)(2) of the Texas Constitution. Accordingly, this type of loan is typically referred to as a “50(f)(2) refinance.” There are four requirements for any 50(f)(2) refinance of a home equity loan that must be met to create a valid lien.
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