If you find yourself applying for a home loan supported by government entities eg a keen FHA mortgage otherwise Va financing, your own financial is going to run an effective CAIVRS examine ahead of approving the loan.

It absolutely nothing-known regulators databases, called You.S. Department of Houses and Metropolitan Invention Borrowing from the bank Aware Program (CAIVRS), monitors to possess certain version of borrowing from the bank defaults that will connect with your own mortgage acceptance. Read More