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and institution. Although Naomi has not even begun the process of looking at possible homes to buy, she is eagerly awaiting news from the lender

and institution. Although Naomi has not even begun the process of looking at possible homes to buy, she is eagerly awaiting news from the lender as to whether she has been approved for a mortgage. In what stage of the application process is she?
Multiple Choice
Appraisal
Home inspection
Assessment
Amortization
Prequalification
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