As Dan noted, all lenders will require a minimum FICO "middle score" or "mid score" of 620 or higher. FHA allows a mid-score of 620, however, your current mid-score is only 618 and is not quite high enough to qualify for a loan. While paying off some outstanding credit balances is the fastest way to pop up the scores, you will need to work with a qualified loan broker in order to determine the best route to correct your credit and to obtain a rapid rescore to upgrade your FICO status.
Good luck and talk with a loan broker in your area tomorrow!!
Grace Morioka, SRES
Area Pro Realty
San Jose, CA
You stand an excellent chance of being able to improve from 617 to 620 or better in a relatively short time frame.
Talk to a local lender who also works with credit repair. I would expect they could get you up to score fairly quickly.
You need to think about down payments and closing costs also.
USDA loans are 0% (may run out of money anytime until fall). V.A. loans (veterans only) are also 0% down
FHA wants 3.5% down
Conventional can be anywhere from 5% to 20% (or more) down depending on the lender.
Closing costs may or may not be able to get a seller to pay them. They want more money.
The last thing is your debt to income ratio. It has to be in the guidelines that lenders require.
Talk to a lender, you probably can get approved.