Who can I contact for information about the housing rescue bill?

Question

I am a first time home buyer and I've heard that I can receive a credit of $7500 for buying a house.

Every time I call a mortgage lender they act like either I'm from Mars and I don't know what I'm talking about or they say they don't have any updated information to tell me.

Who can I call or where can I find out additional information about this. I want to make sure I make the appropriate downpayments and follow the rules to make sure I'm elgible.

Who can tell me more about this? What resources are there out there? It seems like Congress passed a law and no one knows about it. Is anyone with a pulse eligible that is a first time home buyer?

Answer 1

I don't know the specifics of the law you are referring to.  The law that has been passed recently, is to help people who are already in their home and not able to afford their payments.

This is a government web site for housing and urban development.  http://www.hud.gov/news/index.cfm  I'm sure if there is such law as you referred, they will be able to direct you.

Best wishes.