I am not a lender but from what lenders have been advising us you sound like a great buyer! In the past year 620 was the magic number. Although with some money down that number has been recently opened up to lower scores.
I would recomend you speak to a lender and find out what product best suits your needs. You did not mention how much money you are putting as a down payment, this will help determine mortgage options. FHA is typically 3.5% down payment, and convention loan products vary depending on how much money you are putting down.
The rates are still remaining very low. This is a good time to buy a home.
I agree with Jim with his recomendation of Jennifer Smart. I have used her for my clients over the years. I also can recomend a few others if you are interested.
Feel free to email me personally if you have any questions about home buying. I have 10 years experience selling homes in La Porte County.
An FHA loan would probably be your best option. You don't have to be a first-time homebuyer and they are more lenient when it comes to collections.
Cobalt Financial Corporation