It is difficult to avail of a home mortgage, nowadays. The monthly amortization is most of the times not affordable to the masses. At signing up for a home mortgage, the home equity to be paid by the loan applicant is already high that most applicants retract from pursuing their loan applications because of this. I am privy to this because when I applied for a home mortgage, I paid a substantial amount of money first. I am in disbelief when I saw an online site where the Federal Housing Administration through the Federal government offered a subsidized fha on 2nd home refinancing mortgage program. This is good news to most Americans who are homeless. I will tell my friend about this program.