Your very close. You should really strive to get your credit up to 640 so you can go FHA and get a fantastic rate. I would first speak with a good mortgage broker or banker and talk in depth about your credit and what you can do to get a jump up to the 640 range. If your past debts are older they are not a huge factor in your credit any longer. Each month that goes by they are less of an issue.
Your main goal is to make sure you are doing what is necessary to improve your credit and until you fully understand your credit profile your scores will stay where they are. So find a lender who will take the time to get you where you need to be.
REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group