Don’t fall for social media posts promising thousands of new stimulus funds



A promotion of up to nearly $ 4,000 for US homeowners is spreading online, but it’s not real, so don’t get too hopeful.

“GSE’s new stimulus program gives homeowners up to $ 3,708 each year,” read the title of a blog post on the website.

“Homeowners can start using that $ 3,708 however they want, thanks to a new stimulus package being offered to us by the current administration,” the post continued. “You can dramatically reduce your mortgage payments, improve your home, or use it for any other expense.”

To tap into that money, the publication tells people to complete a “mortgage stimulus survey”.

Clicking on the link takes you to a website called and a series of questions about your home. At the end of the day, there is no money on hold. Just several requests for personal information – name, address, phone number, etc. – until you arrive on an ad page to refinance your mortgage.

This post was reported as part of Facebook’s efforts to tackle fake news and disinformation on its news feed. (Learn more about the Politifact partnership with Facebook.)

Politifact evaluates this statement Pants on fire.

Blog post, October 15, 2021

WCNC, VERIFY: Scammers Use New Social Media Trick To Steal Your Information, October 6, 2021

Lead Stories, Fact Check: Special “American Homeowner Relief” Program Does NOT Reimburse Homeowners $ 3,708, May 17, 2021

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