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Mortgage Loan against the house, which is already in Home Loan?

Hello I have a house that is purchased with the home loan. The loan was Almost 85% of the total value of the home. I have completed two years at EMI. Can I take the Mortgage Loan against that house?

Sounds like I bought two years ago. If this is true it would be better to refinance at current rates. (Depends on whether it was the 85% of then or now). Your home is likely to worth less than it was two years ago. In any case, to refinance the balance (+ just enough) to the current rate.

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