A well-qualified buyer is a person who meets a lenders expectations for specific offers. Typically, lenders consider the following categories when determining qualifications:

• Credit Score: A well-qualified buyer usually has a good credit score, which is generally considered to be above 700.

• Debt-to-Income Ratio: This is the ratio of a person's monthly debt payments to their monthly income. A lower ratio is generally better, and a well-qualified buyer usually has a ratio of less than 36% .

• Employment History: A well-qualified buyer typically has a stable employment history, with a steady income and a history of paying bills on time.

• Down Payment: Some lenders may require a down payment, and a well-qualified buyer may be able to qualify for special financing deals with no down payment.

The specific criteria for being a well-qualified buyer may vary depending on the lender and the type of financing being offered. It's important to check with the lender to determine what their specific requirements are.