Shopping for a Home

• The Loan Consultant refers you to an excellent Realtor
• A contract is written.
• Earnest money is paid to validate the contract.
• A home inspection is performed. (Not required but recommended unless conditioned by an underwriter)
• An appraisal is paid in advance to the lender or to the appraiser. (Appraisal Fees are pass through fees and by law are never to be “marked” up by the lender.)
• The mortgage rate gets locked.