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Financing in Selden : Real Estate Advice

  • All20
  • Local Info3
  • Home Buying8
  • Home Selling0
  • Market Conditions1

Activity 5
Tue May 7, 2013
Javier Meneses answered:
Tammy, what happens is that most banks are running searches not just on CAIVRS but on government excluded list, on all parties involved in the transaction. I have ran into cases where one of the attorneys were in the excluded list and the buyers were told that they had to find a new attorney. This attorney had an issue with FHA on some files they were investigating, so they added his name to the list.

So why is your name there? You would know if there was a reason for it to be there, or it can also be a situation were someone else with the same name is in te list. They don't check by social security number or anything specific like that, but the list usually has a city and state along with it, does it match? If not the bank should be able to accept a letter from you stating that the person liste is not you.

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Javier Meneses
Senior Loan Officer
NMLS #23130
310 Crossways Park Drive
Woodbury, NY 11797
(516) 606-9648 Cell
(631) 659-2011 Office
(516) 918-5383 Fax
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Sat Mar 23, 2013
Gregorio Denny answered:
Tue Nov 23, 2010
Lionel answered:
It doesn't matter if they won't except your payment they want you to come in and sit down to discuss your plan or intentions to pay if you can. If you think you can catch back up then take your monies up there in person after discussing your plan and they will HOLD your monies in the form of a cashiers check with both your mortgage companys name and your name also just in case you don't get cuaght back up and you get forclosed on you can get your money back. ... more
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Mon Dec 14, 2009
Pam Eagan answered:
I have been a broker in Phoenix for 24 years. I moved here from East Islip.
Contact Chuck West w/ Advisors Mtg. in Phx.
(he also has 24 years experience) @ 602-689-3008 or email him at

Want to see houses in Phx ?
Go to

Best of Luck !
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Sat Nov 7, 2009
Thomas Martin answered:
Most lenders will not fund the loan until its removed from the Caivers list. FHA like most insurance companies will try to find anyway not to pay the claim if the FHA homeloan goes into default. So FHA approved lenders most likely will not fund a loan with a borrower who has come up on CAIVERS. ... more
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