Vote for TLTA-Supported Proposition 2 to Make Home Equity Loans More Accessible for Texans


By TLTA Staff
Oct. 25, 2017

TLTA joins several industry groups in supporting Proposition 2 and encouraging members to vote in favor of it.
This amendment to the Texas Constitution would:
Lower the cap on fees from 3 to 2 percent of the loan principal, and ensure that title insurance fees are not counted in that 2 percent
Make it easier for homeowners to get lines of credit on their property
Permit loans to be made against agricultural property
Allow additional advances on home equity lines of credit, as long as the principal is below 80 percent (rather than the current threshold of 50 percent)
Let homeowners refinance a home equity loan as a non-home equity loan under certain conditions
Expand the list of approved lenders

We hope you will support these measures to improve access to home equity loans for all Texas homeowners and vote for Prop 2! 

Texas Association of Realtors has created online resources, including FAQs and videos, that are available at
Note: Election day is Tuesday, Nov. 7, while early voting started on Monday, Oct. 23. Learn about early voting at, or find early voting locations at your county clerk's website.