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Texas Homestead Laws date back to 1839 when many families lost. For home equity loans as defined by Section 50 (A) (6), Article XVI of the.

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texas proposition 2, the home equity loan amendment, "section 50(a)(6), article xvi, of the texas constitution allows certain loans to be secured against the equity in your home. such loans are commonly known as equity loans. if you do not repay the loan or if you fail to meet the terms of.

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Natural gas rose 6 cents to $2.50 per 1,000 cubic feet. Gold fell $9.20 to $1,506.20. On Monday, crews were working to.

Overview. A Texas Section 50(a)(6) loan is a loan originated in accordance with and secured by a lien permitted under the provisions of Article XVI, Section 50(a)(6), of the Texas Constitution, which allow a borrower to take equity out of a homestead property under certain conditions.