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Pre-qualification and pre-approval are two terms you may hear used interchangeably when shopping for a mortgage, but they are actually two optional steps you can take to start the loan approval process. A mortgage pre-qualification is usually a much shorter process that requires you to honestly report your own financial information, while a mortgage pre-approval typically requires you to submit more documentation like W-2s to verify your income and assets — making it a lengthier process. In this video, we'll go over the details of both processes, as well as frequently asked questions. *Read the full article:* zillow.com/learn/pre-qualification-vs-pre-approval *Additional Resources:* šŸ” *Get pre-qualified with Zillow Home Loans* *An equal housing lender. NMLS # 10287 - zillow.com/homeloans/?utm_campaign=5405&utm_medium=bt&utm_source=youtube&utm_content=descbox_1 *See your BuyAbility* - zillow.com/homeloans/buyability/?utm_campaign=5405&utm_me...

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