These FAQ are courtesy of the MFAA: The Essentials of Borrowing website:
Q
A. Saving for it.
Q
A. Usually 20-30%.
Q
A. Reduce your credit card limit.
Q
A. Hundreds. The key is finding the right one for you.
Q
A. (Hint. It’s not a real estate agent’s window.)
Q
A. $7000.
Q
A. Be nice to your parents.
Q
A. A mortgage created for people with bad credit.
Q
A. Loans that seem too good to be true.
Q
A. Start with ‘Are you a member of MFAA?’