Yes. Since January 1, 2018, the Texas Constitution lets you refinance a Texas home equity (50(a)(6)) loan into a regular rate-and-term (§50(a)(4)) loan under Section 50(f)(2), if all four conditions are met: One year: the refinance can’t close before the first anniversary of your home equity loan’s closing. No new cash: the new loan can…

In Texas, a cash-out refinance on your homestead is limited to 80% of your home’s fair market value, counting every loan secured by the home. It can’t close until at least 12 days after the later of your application or the lender providing the required Texas home equity notice. Fees are capped at 2% of…