In general, most conventional mortgages require 10 to 25 percent of the purchase price as a down payment. There are exceptions, however, that may decrease down payments to around 3 percent for first-time home buyers, or increase them to 30 to 35 percent for credit-challenged borrowers.
Answer: The evaluation of an appeal in a Social Security disability claim can take anywhere from a few months to two years. It really depends on several factors: from the jurisdiction where you live to which individual Administrative Law Judge (ALJ) hears your case.
(For some claims that go through the appeal process to a hearing in front of an administrative law judge, it can take one to two years to get a disability decision.) However, your onset date for payment purposes can only be 17 months before your application dateâthat's because Social Security allows a maximum of 12 months of retroactive benefits.