Top Up On Home Loan

Hero Housing Finance Ltd09 May, 2023Finance

A top-up on a home loan is a financial option that allows homeowners to borrow additional funds on top of their existing mortgage. By tapping into the equity they have built up in their property, borrowers can access extra money for various purposes such as renovations, debt consolidation, or personal expenses. Lenders typically assess factors like creditworthiness, income, and property value to determine eligibility for a top-up.