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.
The easy solution is to know how much house you can afford before you apply for a mortgage. You can figure this out with our simple home affordability calculator. The guidelines we use are explained in this post. Buying your first home is one of the most important and exciting financial milestones of your life.