I'm in the DFW, and I was wondering can I make an offer on a house with a pre approved proof of funds letter?

Sounds like you're on a roll, good luck!

Essentially, I've been pre-approved by several lenders until they find out one thing, then the $200k I was pre-approved for drops to $60k.I work for Enterprise and my pay structure is that I'm guaranteed 48 hrs per week and make at least $39,000/yr. this is where I've gotten the $200k pre-approvals.However, it's broken down on my paystub as 40 hrs of normal work and 8 hrs of overtime each week.

Fortunately Canadians are smart enough not to make RICO level mortgage origination fraud legal (unlike your southern neighbors here in the US) so a collapse brought on by mortgage rates resetting on borrowers who had no business getting a mortgage in the first place is very unlikely.On the other hand with mortgage rates below 3% and most Canadian mortgages being short term (compared to a 30 year in the US at least) if rates rose significantly a lot of folks might have a hard time affording the new payment when the loan was due to roll over.

They should be able to pre-approve you but for that they are definitely going to want paperwork.

At that point you should contact the seller or listing agent to get more detailed information such as rent roll, expense history, etc. and proof of these expenses with things like leases, utility bills, etc. 

I'm pre approved buyer going through fha.

Obviously this is an Option for me, as well as hard money & private Money.I was recently contacted by Hubzu because I was a previous investor w/ them about new financing they are rolling out under the name of Liberty Rental Finance.

Although I've done a lot of research, I'm inexperienced, and would LOVE some advice.I am in negotiations on two different properties, one a multi-family buy and hold opportunity (cash flowing like crazy), and another a pre-foreclosure (in a bad area).

Hello All,Without getting into too many details, I am looking to get pre-qualified for a mortgage on my primary residence (for whenever I am in Canada) before I go house hunting.