Texas Finance Code Title 4, Chapter 302 - Interest Rates

SUBCHAPTER A USURIOUS INTEREST

• Texas Section 302.001 - Contracting For, Charging, Or Receiving Interest Or Time Price Differential; Usurious Interest
  (a) A creditor may contract for, charge, and receive from an obligor interest or time price differential. (b) The maximum rate or amount of interest...

SUBCHAPTER B OTHER RATES AND PROVISIONS ON LOANS SECURED BY REAL PROPERTY

• Texas Section 302.002 - Accrual Of Interest When No Rate Specified
  If a creditor has not agreed with an obligor to charge the obligor any interest, the creditor may charge and receive from the obligor legal...
• Texas Section 302.101 - Determining Rates Of Interest By Spreading
  (a) To determine whether a loan secured in any part by an interest in real property, including a lien, mortgage, or security interest, is usurious,...
• Texas Section 302.102 - Prohibition On Prepayment Penalty
  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...
• Texas Section 302.103 - Effect Of Federal Preemption On Late Charges
  On loans subject to 12 U.S.C. Sections 1735f-7 and 1735f-7a, as amended, any late charges assessed are interest that is included in computing the amount...
• Texas Section 302.104 - Loan To Purchase Interest In Entity With Foreign Real Property As Principal Asset
  (a) A loan the proceeds of which are used primarily to purchase an interest in a trust or other entity that has as its principal...

Last modified: September 28, 2016