What is the role of a lender regarding home inspections?

The correct answer highlights the lender's role in the home buying process, specifically their focus on assessing the value of the home as part of the underwriting process. When a lender orders a home inspection, it is typically done to ensure that the property meets its guidelines and to evaluate its condition and value for the purposes of the mortgage loan. This assessment helps the lender determine how much they are willing to finance and ensures that the property serves as adequate collateral for the loan.

While a lender may recommend that a borrower conduct their own inspection for personal assurance, their main responsibility lies in ensuring financial viability rather than directly handling repairs, costs, or detailed inspection reporting. Thus, the lender's role centers on engaging a professional to evaluate the home from a value perspective rather than managing negotiations or providing the inspection outcome report directly to the borrower.