Updated about 3 years ago on . Most recent reply

shopping for best mortgage
Hello Friends
I am shopping for the best mortgage and already applied to two lenders. At the end, I am going to accept the best offer, but would like to know my responsibility toward the the other offer which will be declined. Would I pay anything like appraisal, or closing cost?
Appreciate your advice
Most Popular Reply

I'd shop before paying for an appraisal. Once you make a decision just inform the other lender you don't wish to proceed.