Hello,depending on your other overall credit history you should be ok to qualify for mortgage loan. If you would like to discuss this further and answer any other questions you may have please reach out to meMike PanzaSenior Mortgage ConsultantGuaranteed Rate DirectBoston311 Summer Street, 2nd FloorBoston, MA 02210P: (617) 532-3963mike.panza@guaranteedrate.comwww.guaranteedrate.com/mikepanzawww.mikepanza.com

Hello Glenn, Being that you have started making payments on recent revolving debt (Recent payment history) as well as the fact that this was a one time occurance.Your Fico score should not have been affected to bad.You should put together a explanation of the circumstances along with having someone pull your credit to see what your Fico score is now and that will determine if we can get you qualified to purchase a home.I would be happy to assist you with this Jeffrey Martino Young at Essex Mortgage Bank 1-866-936-8478 .

The main issue, how has the past payment history on your student loan affect your FICO score? It is really hard to determine what your score would be after going into default. If you had a really high score prior to defaulting on your student loans you could possibly be eliginle at this time. If you were shaky your might need some time to pull up your score before you meet the minimum guidelines. feel free to give me a call or send me an email and I could tell you where you stand. 816-590-5756 or mtomlinson@citywidemortgage.com