Home Mortgage question?

Hi,
1. Do you borrow from a bank exactly how much the home is worth or you can see a home of 200000 and borrow 250000
2. When you decide on a home, does the bank give you the money to pay the sellers or they pay them directly on your behalf
3. If the money you borrow happen to be higher than the home value, what happens to the remaining

I guess the question is, how does home loan work?
THANKS A LOT

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