FHA only allows 1 appraisal anyway so that is a mute point for me. I think there is a common tactic by many brokers to stall the process so that the buyer runs out of time and cannot go with another lender. This would avoid that.I’m sure the process can be streamlined for the larger lenders. The smaller ones seem to always resell the mortgage and perhaps part of that entails nitpicking the borrower. Just my 2 cents from a first time buyer.To answer your question HLS, competition to me is getting 4.875% instead of 5.5%,and or lower fees.