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.
If you are a first time home buyer, you qualify for rebate of up to $2,000. Certain conditions and restrictions apply for which you need to read up on the Land Transfer Tax.elow are some first time home buyer incentives/ rebates: 1  RRSP Home buyers plan. 2  Ontario Land transfer tax rebate of up to $2,000. 3  HST rebate for new home buyers. 4  First time buyer tax credit.