# 7 Tex. Admin. Code § 60.302: 7 TAC § 60.302. Loans Authorized, DIVISION 1. AUTHORIZED LOANS AND INVESTMENTS

> Texas · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P4_C60_S60_302

## Section

- **Citation:** 7 Tex. Admin. Code § 60.302
- **Heading:** 7 TAC § 60.302. Loans Authorized, DIVISION 1. AUTHORIZED LOANS AND INVESTMENTS
- **Jurisdiction:** Texas
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Texas Administrative Code / Title 7 BANKING AND SECURITIES / Part 4 DEPARTMENT OF SAVINGS AND MORTGAGE LENDING / Chapter 60 SAVINGS ASSOCIATIONS / 7 TAC § 60.302

## Text

(a) A savings association may originate, invest in,
 sell, purchase, service, participate, or otherwise deal in (including
 brokerage or warehousing) loans or participations subject to the requirements
 of the Texas Savings and Loan Act, and this subchapter, including:
(1) residential real estate loans, including loans
 on the security of leasehold interests in residential real estate;
(2) home improvement loans;
(3) manufactured home loans,;
(4) interim construction loans;
(5) other real estate loans, including loans on the
 security of leasehold interest in real estate;
(6) personal property loans;
(7) commercial real estate loans, including loans on
 the security of leasehold interest in real estate;
(8) non-real estate commercial loans;
(9) loans fully secured by savings accounts owned or
 otherwise pledged for or by the borrower;
(10) unsecured loans; and
(11) loans which are insured or guaranteed by the United
 States or any instrumentality thereof.
(b) Parity. A savings association may purchase or commit
 to purchase any loan it could make if it were incorporated and operating
 as a federal savings association domiciled in this state, so long
 as for each such transaction the savings association complies with
 all applicable regulations governing such activities by federal savings
 banks. However, all such loans must be documented in accordance with
 the applicable requirements of this chapter.

## Nearby sections

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P4_C60_S60_302. Check the current official text before relying on it. Not legal advice.