as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
mortgage loan plus home loan
user
you can be a co-borrower on the property that your father owns. some banks require that you also be part owner of the property, some banks do not require this. you can take a home loan for a new property, normally banks will ask you of all your current loans [auto/other home/personal/ etc] to determine the amount they will be ready to lend. edit: the first loan i believe your father already has a property in his name ... your father can apply for loan against property ... if he does not have sufficient income, then you can guarantee the loan [ie co-sign on the loan, some banks allow this ... however there is no tax benefit on this loan]  .   the second is the home loan for the balance amount that you would get it … both the loans can be taken from the same bank, there would be a overall cap as to the amount of loan a bank would give depending on your income, further the finance for this house will only be to the extent of 80% of the value.
assistant