Mortgage of Minor's Interest in Residence Homestead · Mortgage of Minor's Interest Without Guardianship
Proceeds of a home equity loan that is the subject of an application under Section 1352.053 that are attributable to the minor's interest may be spent only to:
(1) make improvements to the homestead;
(2) pay for the minor's education or medical expenses; or
(3) pay the loan's outstanding balance.
Official text of the Texas Estates Code as published by the Texas Legislative Council.
