jsare
09-29-2007, 04:58 PM
Hello everyone,
I'm new here. Sorry if this question had been asked/answered before but I did a search on CAIVR and did not find any hit.
Anyway, here' my situation:
I have this situation where a client is applying for a loan and the loan officer called and told me that the loan is being applied under CAIVR. What concerns me is that they are asking for my Social Security number (as the buyer's agent) as if indicating that the loan approval is dependent on me supplying my SS# to them.
So my question is: Had anyone heared of this and if this is a real requirement or is someone trying to trick me?
Of course, I did not provide them the information and I'd like to know what everyone here thinks or know of that.
Thank you so much for any information you can share.
++++
Edit:
Apparently they needed to check if the brokers (seller/buyer) are qualified under FHA guidelines. I think they mean the LDP and GSA requirements. But, do they really need my SS# instead of my Real Estate Agent License?
I'm new here. Sorry if this question had been asked/answered before but I did a search on CAIVR and did not find any hit.
Anyway, here' my situation:
I have this situation where a client is applying for a loan and the loan officer called and told me that the loan is being applied under CAIVR. What concerns me is that they are asking for my Social Security number (as the buyer's agent) as if indicating that the loan approval is dependent on me supplying my SS# to them.
So my question is: Had anyone heared of this and if this is a real requirement or is someone trying to trick me?
Of course, I did not provide them the information and I'd like to know what everyone here thinks or know of that.
Thank you so much for any information you can share.
++++
Edit:
Apparently they needed to check if the brokers (seller/buyer) are qualified under FHA guidelines. I think they mean the LDP and GSA requirements. But, do they really need my SS# instead of my Real Estate Agent License?