Under Texas law, candidates must disclose a “beneficial interest” in real estate, along with any loans over $1,000. s personal safety. The Texas Tribune thanks its sponsors. Become one..
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Some Texas laws regarding home equity loan procurement include: Restrictions on mortgage debt: Borrowers can’t owe more than 80 percent of the market value of their home on their mortgage and home equity loans combined. That means if you already have a $40,000 mortgage against a home worth $80,000, the most you can borrow is $24,000.
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and the Texas land commissioner failed to report the house and the loan in public disclosure documents required by the state. An online records search reveals that Bush and his wife, Amanda Bush, live.
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