Texas AG Ken Paxton Under Scrutiny for Mortgage Declarations on Multiple Homes

Texas Attorney General Ken Paxton and his wife, Angela, have drawn attention for claiming three separate homes—one near Dallas and two in Austin—as their primary residence on mortgage documents.

This designation allowed the couple to secure lower interest rates, potentially saving tens of thousands over the life of the loans, according to public records.

Mortgage documents list the Dallas home, where the Paxtons are registered to vote, as their official primary residence.

However, similar claims were made for two Austin properties, including one tied to renovations allegedly connected to a real estate developer with whom Paxton had a personal relationship.

Legal experts note that knowingly falsifying mortgage information constitutes a federal and state crime.

The controversy comes as Paxton campaigns in the Republican primary for a U.S. Senate seat, aiming to challenge incumbent John Cornyn.

Observers suggest his real estate dealings could become political ammunition, especially given past scrutiny over his legal and political conduct, including a decade-long securities indictment, a recent impeachment, and alleged interference in foreclosure cases.

Complicating matters, records indicate that the Paxtons may have violated the terms of some mortgages by renting out properties, including a luxury cabin in Oklahoma and a home in College Station, Texas.

Legal analysts point out that, as the state’s top law enforcement officer, Paxton should have exercised caution when signing financial documents.

Despite parallels to cases against national Democrats like Sen. Adam Schiff and New York AG Letitia James, Paxton’s situation is unlikely to face similar federal scrutiny, given his office’s role in investigating mortgage fraud within Texas.

This story underscores the intersection of politics, personal real estate dealings, and potential legal exposure for public officials.

Related

FHA loan Texas

Austin’s Housing Market: From Crazy Bidding Wars to Buyer Power

Do I qualify for an FHA loan?

Table of Contents

Table of Contents