From time to time DocMagic customers have asked whether any generic Texas loan programs exist for Texas secondary lien loans and first-lien, fixed rate home equity (cash-out refinance) loans secured by the borrower(s)' homestead. These programs do exist and are listed below:
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DESCRIPTION OF LOAN PROGRAM
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CODE
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Texas Secondary Lien, Purchase Money Homestead or Non-Homestead
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TX1
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Texas Secondary Lien, Homestead Rate/Term Refinance (No Cash Out)
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TX2
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Texas Secondary Lien, Second Home (Vacation) Rate/Term Refinance or Cash Out or Refinance With Cash Out
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TX3
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Texas Secondary Lien, Investment Property Rate/Term Refinance or Cash-Out or Refinance With Cash Out
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TX4
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Texas Secondary Lien, Homestead Cash Out or Refinance with Cash Out
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TX5
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Texas First (1st) Lien, Fixed Rate, Homestead Cash Out or Refinance with Cash Out
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TX6
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In addition to the above Texas loan programs, Document Systems, Inc. ("DSI") will soon be offering generic Texas, first-lien, adjustable rate home equity programs. Please check back often for the latest program updates.
If you have any questions about DSI's Texas generic loan programs, please contact DSI's Customer Service Department, at (800) 649-1362.
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