Tex. Fin. Code § 302.102
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If the interest rate on a loan for property that is or is to be the residential homestead of the borrower is greater than 12 percent a year, a prepayment penalty may not be collected on the loan unless the penalty is required by an agency created by federal law.
Tex. Fin. Code § 302.102