Free Texas Loan Agreement: Complete Legal Template
Terms and conditions for lending money
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LOAN AGREEMENT State of Texas This Loan Agreement is entered into on [DATE] between: LENDER: Name: [LENDER NAME] Address: [ADDRESS], TX [ZIP] BORROWER: Name: [BORROWER NAME] Address: [ADDRESS], TX [ZIP] 1. LOAN AMOUNT: $[PRINCIPAL AMOUNT] 2. INTEREST RATE: [RATE]% per annum [ ] Fixed [ ] Variable 3. LOAN DATE: [DATE] 4. MATURITY DATE: [DATE] 5. PAYMENT SCHEDULE: [ ] Monthly payments of $[AMOUNT] beginning [DATE] [ ] Lump sum due on [DATE] [ ] Other: [DESCRIBE] 6. LATE PAYMENT: A fee of $[AMOUNT] or [PERCENTAGE]% applies after [DAYS] days. 7. PREPAYMENT: [ ] Allowed without penalty [ ] Subject to [PERCENTAGE]% penalty 8. COLLATERAL (if secured): Description: [DESCRIBE COLLATERAL] 9. DEFAULT: Upon default, Lender may declare entire balance due immediately. 10. USURY COMPLIANCE: Interest shall not exceed the maximum rate permitted by Texas law. This agreement is governed by Texas law (TX Statutes). LENDER: _____________________ DATE: _____ BORROWER: _____________________ DATE: _____
Texas Loan Agreement Requirements
Review the following requirements to ensure your Loan Agreement is legally valid in Texas.
Texas Notarization
While notarization may not be required in Texas, it is recommended. Fees range from $6-$10.
Before You Sign
Review all information carefully. In Texas, a 6.25% sales tax may apply.
Legal Protection
Keep copies of all signed documents. Texas law requires all parties to receive copies of executed documents.
Texas Filing Deadlines
Check Texas deadlines for filing or recording this document with the appropriate county clerk's office.
Loan Agreement Costs in Texas
Estimated fees and processing times
| Fee Type | Cost | Notes |
|---|---|---|
| Notary Fee | $5-$15 (if required) | Texas standard rate: $6-$10 |
| Filing Fee | Varies by state | State registration (if applicable) |
| Processing Time | 1-3 business days | Typical turnaround in Texas |
| Sales Tax | 6.25% | Texas base rate (local taxes may apply) |
| Witness Requirement | 1 witness | Single witness sufficient |
| Our Template | FREE | Download instantly, no cost |
Where to File Your Loan Agreement in Texas
Visit your local County Clerk office to file or notarize your Loan Agreement.
Harris County Clerk
Houston
201 Caroline St, Houston, TX 77002
Dallas County Clerk
Dallas
509 Main St, Dallas, TX 75202
Bexar County Clerk
San Antonio
100 Dolorosa, San Antonio, TX 78205
Travis County Clerk
Austin
5501 Airport Blvd, Austin, TX 78751
Michael Chen, Esq.
Real Estate Law Consultant
Bar Certified, Real Estate Expert
Expert in property transactions and real estate documentation
This Loan Agreement template for Texas has been reviewed for accuracy and legal compliance.
Last reviewed: March 2026
FAQ: Loan Agreement in Texas
Is a Loan Agreement required in Texas?
Yes, in Texas, a Loan Agreement is required for most transactions of this type. Under Texas State Code, the document must include all parties' information, be signed, and witnessed by at least one individual. Failure to use a proper Loan Agreement may result in legal complications.
Does a Loan Agreement need to be notarized in Texas?
Notarization requirements in Texas (TX) vary by transaction type. Notary fees in the state typically range from $6-$10. While not always mandatory, notarization adds an extra layer of legal protection and is recommended for high-value transactions.
What are the tax implications of a Loan Agreement in Texas?
Texas has a base sales tax rate of 6.25%. Depending on the type of transaction documented in your Loan Agreement, additional local taxes may apply. Consult with a Texas tax professional for specific guidance on your situation.
What is the difference between a loan agreement and a promissory note?
A promissory note is a simple promise to repay, signed only by the borrower. A loan agreement is a more detailed contract signed by both parties, covering terms like collateral, representations, covenants, and default remedies.
Can I lend money to a friend without a written agreement?
While verbal agreements can be legally binding, they are extremely difficult to enforce. A written loan agreement protects both parties by clearly documenting the amount, interest rate, repayment terms, and consequences of default.
What interest rate can I charge on a personal loan?
Interest rates are limited by state usury laws, which vary significantly. Some states cap rates at 6-10%, while others allow higher rates. Charging above the legal limit can void the loan and result in penalties.
Texas Loan Agreement Legal Guide
For residents of Texas, ensuring this form is compliant with state-specific requirements is a top priority for legal validity.
Texas law (Texas State Code) governs this Loan Agreement. Key financial considerations include a 6.25% sales tax rate and notary fees of $6-$10. The document requires 1 witness and remains valid indefinite.
Ensure your transaction is legally sound in Texas with this expertly crafted, state-compliant template.
How to Complete This Form
Start by gathering all necessary information: party names, addresses, and relevant details specific to your transaction. Texas law under TX requires accuracy in every field. Once completed, have all parties review the document before signing. Depending on the transaction type, Texas may require notarization or witness signatures.
Enforceability in Texas
A Loan Agreement that meets all TX requirements is fully enforceable in Texas. Courts in Texas have consistently upheld documents that demonstrate clear intent, proper execution, and compliance with state formalities. Keep your original signed copy in a secure location.
Pro Tips for Texas Residents
- **Use blue or black ink** when signing physical copies in Texas
- **Keep digital backups** of all signed documents
- **Check for local county requirements** that may apply in addition to TX state law
- **Don't backdate** — Texas courts view backdated documents unfavorably
- **Consult an attorney** for transactions exceeding $10,000 in value
What Texas Law Requires
Texas's statutes are clear: a valid Loan Agreement must identify all parties by full legal name, include the date of execution, and be signed in the presence of a notary public where applicable. Failure to meet these requirements under TX law can render the document unenforceable.
A Loan Agreement that meets all TX requirements is fully enforceable in Texas. Courts in Texas have consistently upheld documents that demonstrate clear intent, proper execution, and compliance with state formalities. Keep your original signed copy in a secure location.
Pro Tips for Texas Residents
- **Use blue or black ink** when signing physical copies in Texas
- **Keep digital backups** of all signed documents
- **Check for local county requirements** that may apply in addition to TX state law
- **Don't backdate** — Texas courts view backdated documents unfavorably
- **Consult an attorney** for transactions exceeding $10,000 in value
What Texas Law Requires
Texas's statutes are clear: a valid Loan Agreement must identify all parties by full legal name, include the date of execution, and be signed in the presence of a notary public where applicable. Failure to meet these requirements under TX law can render the document unenforceable.
Texas's statutes are clear: a valid Loan Agreement must identify all parties by full legal name, include the date of execution, and be signed in the presence of a notary public where applicable. Failure to meet these requirements under TX law can render the document unenforceable.
Other Forms in Texas
Loan Agreement in Neighboring States
Document Information
- Document
- Loan Agreement
- State
- Texas (TX)
- Category
- Financial
- Format
- PDF / Word / Print
- Cost
- 100% Free
- Sales Tax
- 6.25%
- Notary Fee
- $6-$10
Texas Legal Requirements
Governing Statute:
State Law
- ✓Consult with a licensed attorney for specific requirements
Legal Disclaimer
This template is for informational purposes only and does not constitute legal advice. Laws in Texas may change. Consult a licensed attorney for advice specific to your situation.