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said it had resumed fresh loans on July 29. “Gold prices have seen a huge spike in last two months and is on a record high as on date. In the last one month, we have been moderating our gold loan.
The new loan amount must only cover he existing loan balance, closing costs, points (max $5,000) and a maximum cash back or cash out of $250. Lenders may actually provide an incentive by paying a portion of the loan balance at closing. Minimum LTV Requirements – High Loan to Value refinance. primary residence 1 unit = 95.01%