Answer: -Candidly?Do Not get a loan until u clean up the mess ur in. a house loan in ur case is financial suicide. the house/loan market is in a major correction . u need to save save save and rent til the correction is over and u have money and knowledge. Lots of both.Visit daveramsey.com to learn what u haven't and do need to learn.or we'll get to visit u. -You need to wipe out some debt first. Leave the student loans, but get rid of your credit card and lower some of your other debts.You shouldn't take on more than 50% of your gross income going towards debt. With your current situation, that only leaves you with about $1500/mo. for a housing payment. $1500/mo. will only get you about $180K for a mortgage. From what I understand about CA real estate, a $180,000 home isn't easy to find.Also, with your scores where they are, FHA is really the only viable solution for you. They require a 3% downpayment. But they offer great rates, very reasonable mortgage insurance, and no minimum credit score.Also, eliminating your credit cards will likely improve your scores. For 100% conventional financing (and mortgage insurance that's affordable), you'll need a 620 score or higher. Paying off credit cards can often raise your scores 30-50 points. -No you can not get a house at this time because the banks are not going to approved your loan is very hard, because a lot of people went to foreclosure becuase they couldn't make the payments, so Banks are losing money. My advice for you is to fix your credit, clear all the bad accounts you have in the past, that way you credit is going up you credit score will go up 700, at the time you will qualify for a house more easy, but keep in mind you need downpayment of a least 5% or 10% of the total price.