Texas 50(a)(6)

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Across
  1. 3. If an _____ property is the client's only property located in Texas it must be treated as a Texas 50(a)(6).
  2. 5. For us to close a Texas 50(a)(6) transaction a second lien with Texas 50(a)(6) provisions cannot be _____ and must be paid off.
  3. 6. Twelve _____ days must pass after the client signs the 1003.
  4. 7. One Year and One Day must pass since the loan was _____ or recorded.
  5. 9. If a client is trying to take cash out of a second home they must prove _____ of a primary residence in Texas.
  6. 10. Two to Four unit properties are _____ for Texas 50(a)(6) loans.
Down
  1. 1. A _____ lien cannot be subordinated and must be paid off.
  2. 2. Texas 50(a)(6) are not allowed on _____ transactions.
  3. 4. The Texas 50(a)(6) provision allows the borrower to take equity out of a _____ property under certain conditions
  4. 8. At least One _____ day must pass after the client received their Final Closing Disclosure.