I have slowly been recovering from foreclosure of my first and 2nd mortgage back in 2007. I had also cosigned on a student loan from sally mae which tanked my credit as well. My credit score went from 760 down to below 500. My credit history goes back 12 years. My fico score is around the 660s. I have only ever had the 1 credit card. But no auto loans or other loans of any kind. I am a little confused on what to next. I would like to buy a house but im not sure if I should wait til next year when my foreclosures pass the 7 year mark or if I will qualify now. As for the foreclosures and student loan the all say charged off . The foreclosed account's show 0 balance. The student loan says 14.5k with over 5k due. I rent and have no monthly payments other than my cell phone. My monthly income is 3200.