While there’s no such thing as a pre-qualification (or a funding guarantee, if that’s what you really mean) you’d be wise to call several lenders and discuss their criteria and meet them.

Keep in mind that Dodd-Frank will make it much harder to get buyers qualified after January 10th because of the 43% debt to income ratio and many other new qualifications.

Any of them could be all over the place.I'll also say that I think when people say "I'm looking for private money" what they really mean is "I want hard money sort of terms (easy no get, loose credit qualifications, loan on a junker property) but I want lower interest rates, points and fees than I will get from a HML".

I've heard that there are lenders that would lend on non-warrantable condos, but haven't found one yet.3) lender will use 75% of the rental income towards your qualification regardless if you have 2 years of landlord experience.4) start calling mortgage brokers and loan officers.

There are so many things that go into loan qualification but here is a good FHA calculator http://www.fha.com/calculator_borrow

What I see is that qualifications have gotten easier, accepting a DTI ratio of 43% rather than the old 36%!

To be honest, so far no one has ever asked me about my qualifications.

Qualifications become apparent with the quality of advice given in a subject matter

“The agencies continue to expect institutions to underwrite residential mortgage loans in a prudent fashion and address key risk areas in residential mortgage lending, including loan terms, borrower qualification standards, loan-to-value limits, documentation requirements, and portfolio- and risk-management practices, regardless of whether a residential mortgage loan is a Qualified Mortgage or non-Qualified Mortgage,” they added.The regulators also said they didn’t foresee any lenders running afoul of the Community Reinvestment Act should they decide to issue only qualified mortgages.

Only if you refinance, which means going thru the qualification process again.