I would suggest you get your scores up some more before shopping for a mortgage,
Credit is tight these days. The new target min for FHA loans is 640. Lenders usually focus on your middle score. Your current middle score is 631, which means you are a few points shy.
That 580 does not fair well . Take some time to meet with a mortgage consultant, they can give you legit advise on how to get those scores up They should not CHARGE you for this.
. NEVER pay anyone to give you advise on raising your credit score.
Best of Luck to YOU!!!
Kawain Payne, Realtor
I don't care about FICO scores, but I do look at behavior on the credit report. Based on your comments you sound like you have limited items on the credit report, so I would want to see the rental history and three alternative trade lines (electric, cable, internet, phone, etc.).
If you have a house in mind, you need to act quickly to gather documents and start the process. There seems to be a shortage of available properties so someone that is already approved will be able to act on it right away.
Contact me with questions.
Mortgage Counselor-NMLS 280951
Elizabeth Morgan, Realtor