Not exactly as a mortgage broker friend of mine tells it.
He claims the mortgage broker orders all inspections, acquires updated insurance policies, orders title search, runs credit check, finds lender & gets loan approval & gets all necessary paperwork in a packet for the closing officer.
According to him, all Bambi the Real Estate Agent does is take the client upstairs to show them the basement, then downstairs to show them the attic and fills in the blanks on an offer form ;-)
Ask more people than your friend. You would be wrong about who does the leg-work at least in some states. The reference to "Bambi" is just insulting.