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A home loan top-up is an additional loan amount that borrowers can avail from their existing home loan provider, over and above their original home loan amount. This facility is typically offered by banks and financial institutions to existing customers who have a good repayment track record and have built up some equity in their property. Let's delve into what a home loan top-up entails, its benefits, and considerations for borrowers. Understanding Home Loan Top-Up Definition : A home loan top-up allows borrowers to borrow additional funds from their home loan provider without taking out a separate loan. The top-up amount is added to the existing home loan, increasing the total loan amount. Eligibility Criteria : Good Repayment Record : Borrowers must have a consistent repayment history on their existing home loan. Loan-to-Value Ratio (LTV) : The LTV ratio, which is the ratio of the loan amount to the property value, should typically be within acceptable limits set by the lender....