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.
FHA First Time Home Buyer. First Time Home Buyer Programs. Low-Interest Loans, Credit Assistance, and Expert Advice. Purchasing a home is one of life's major landmarks and for some, it is even a dream come true. Here at FHA Government Loans we understand the magnitude of this decision and it is our goal to make your transition into home ownership unforgettable.