At closing, the lender must provide the owner with a copy of the final loan application and all executed documents that are signed by the owner at closing in connection with the equity loan.

1. (1) One copy of these documents may be provided to married owners.
2. (2) This requirement does not obligate the lender to give the owner copies of documents that were signed by the owner prior to or after closing.
3. (3) A lender may provide documents electronically in accordance with state and federal law governing electronic signatures and delivery of electronic documents. The Texas Uniform Electronic Transactions Act, Texas Business & Commerce Code, Chapter 322, and the federal E-Sign Act, 15 U.S.C. §§7001-7006, include requirements for electronic signatures and delivery.

Source Note:The provisions of this §153.22 adopted to be effective January 8, 2004, 29 TexReg 84; amended to be effective July 10, 2008, 33 TexReg 5295; amended to be effective November 26, 2020, 45 TexReg 8307.