didn't read the thread, but the loan process definitely sucks now.
in '04 i got in with a sizeable down, good credit, and no job. on the way out now, got tired of the area and i have something better and free here.
the entire credit system gets on my nerves. i live my life $100 at a time, and the way i do it, it goes pretty far lol. cracked the last 100 on wednesday i think, still have 20
kinda unrealistic for most, but i think the best way is to save up, live frugally, and just get into something very modest (and pay it in cash!)