When you’re applying for a mortgage supported by the government such as for example a keen FHA financing or Va mortgage, the bank is going to run a CAIVRS look at in advance of granting the loan.
It nothing-known bodies databases, titled You.S. Company out of Houses and you can Urban Development Borrowing Aware Program (CAIVRS), inspections for specific form of borrowing from the bank defaults that’ll apply at your own mortgage loan acceptance.