A CVT does not strictly require the presence of a clutch. Nevertheless, in some vehicles (e.g. motorcycles), a centrifugal clutch is added to facilitate a neutral stance, which is useful when idling or manually reversing into a parking space.
While it does not take perfect credit to get a decent mortgage, buyers with better credit scores get mortgages with lower interest rates and may be exempt from certain fees during the mortgage process. First-time home buyers should be aware of their credit histories and expect mortgage rates to reflect them.
Classes help first-time buyers understand the responsibilities of homeownership. Buying a home can be a complex, frustrating and financially risky decision, especially for first-time buyers. Some loan providers and loan insurers require first-time home buyers to complete education programs that will prepare them for the requirements and responsibilities of purchasing a home.