Can we get a mortgage?

We recently had a forclosure. We bought a home when we were both 20 that we could not afford. We tried to make it work for 6 years but in the process killed our credit and had to let the home get forclosed on. My parents who have excellent credit are willing to cosign for us, only because since the forclosure we had paid off all debt except for a seconed mortage we did not feel right about walking away from b/c we can afford to pay it and my student loans.We both have credit scores of 590. Is there hope? by dchwalek from Wyoming, Michigan. Jul 4th 2011 Reply