Kentucky USDA Rural Housing Mortgage Lender

 CREDIT ALERT VERIFICATION REPORTING SYSTEM (CAIVRS) CAIVRS is a Federal government wide repository to file and report delinquent and/or defaulted claims on individuals that were paid on their behalf. CAIVRS may return the following results: • A: Approved by CAIVRS (no issues exist) • B: Multiple cases from one or more Federal agencies • C: Claim filed • D: Default on loan • F: Foreclosure of loan • J: Judgment filed An “A” response is the only acceptable result for an applicant to be eligible for a guaranteed loan. CAIVRS in GUS: • GUS will automatically retrieve the CAIVRS response for each applicant when the Borrower Information application page is saved. If the automatically retrieved CAIVRS response is not an “A” response, the lender must obtain evidence of an “A” CAIVRS response outside of GUS.  This documentation must be uploaded as part of a complete loan application submission of the GUS application to USDA.  The CAIVRS response cannot be overwritten or revised ...