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Who is Eligible for the Freeze?

April 26, 2017eligible freeze

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Who is Eligible for the Freeze?

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Borrowers need more than just subprime ARMs to qualify for Bush’s mortgage rate freeze; they need to meet a laundry list of eligibility requirements: Eligibility Requirements at a Glance Borrowers must have: Jobs Documented income Good payment history Credit scores below 660 Some home equity ARM subprime loans originated between Jan. 2005 and July 2007 Resets scheduled between Jan.