Tex. Fin. Code § 347.108
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A credit transaction that provides for a rate adjustment under this subchapter may not permit the rate adjustment to be combined with a mortgage loan that has a term of five years or less or contain a provision that otherwise additionally allows the creditor to renegotiate, modify, or otherwise adjust the rate or term of the transaction within the 60-month period after the date of the transaction.
Tex. Fin. Code § 347.108