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.
As a first home buyer, there are two main ways that your parents can assist you with your purchase: 1  Guaranteeing your loan: If your parents offer their home or an investment property as additional security for your loan, then the bank can lend you up to 110% of the property value with no. 2  and a low interest rate!hanks to the federal governmentâs first home owners grant, various other government subsidies and a range of new discounted 100% first home buyer loans, itâs easier than ever to buy your first home without a deposit.