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.
Before we go into more detail, here is a simple way to look at how you qualify for a first time home buyer FHA loan: You either make enough money to qualify for an FHA loan or you donât. You either have demonstrated credit worthiness or you havenât. Itâs as simple as that! First Time Home Buyer Florida Program FAQs.