Authority to Mortgage Minor Ward's Interest Without Guardianship of the Estate

If the net value of a minor ward's interest in a residence homestead does not exceed $250,000, the guardian of the person of the ward may apply to the court under this subchapter for an order authorizing the guardian to receive on the ward's behalf an extension of credit that is secured wholly or partly by a lien on the homestead.

Official text of the Texas Estates Code as published by the Texas Legislative Council.