Texas § FI.157.030 - COMPLETION OF RESIDENTIAL MORTGAGE ORIGINATION SERVICES
Full text of Texas The Texas Constitution § FI.157.030 — COMPLETION OF RESIDENTIAL MORTGAGE ORIGINATION SERVICES, with citation guidance and answers to common questions.
§ FI.157.030. COMPLETION OF RESIDENTIAL MORTGAGE ORIGINATION SERVICES
COMPLETION OF RESIDENTIAL MORTGAGE ORIGINATION SERVICES. (a) On disbursement of mortgage proceeds to or on behalf of the residential mortgage loan applicant, the residential mortgage loan originator who assisted the applicant in obtaining the residential mortgage loan is considered to have completed the performance of the loan originator's services for the applicant and owes no additional duties or obligations to the applicant with respect to the loan. (b) This section does not limit or preclude the liability of a residential mortgage loan originator for: (1) failing to comply with this chapter, Chapter 156 , or a rule adopted under this chapter or Chapter 156 ; (2) failing to comply with a provision of or duty arising under an agreement with a residential mortgage loan applicant under this chapter or Chapter 156 ; or (3) violating any other state or federal law. Added by Acts 2009, 81st Leg., R.S., Ch. 1147 (H.B. 2779 ), Sec. 8, eff. April 1, 2010. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004 ), Sec. 80, eff. September 1, 2013.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.157.030
What does The Texas Constitution § FI.157.030 cover?
Section FI.157.030 ("COMPLETION OF RESIDENTIAL MORTGAGE ORIGINATION SERVICES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.157.030?
A common citation format is "The Texas Constitution § FI.157.030" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.157.030 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.