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.
The Initial Claim. Social Security advises that it may take up to 180 days to issue a decision on a Social Security Disability Insurance (SSDI or SSD) or SSI claim. That being said, the average length of time it typically takes to receive a decision on your disability claim is from three to five months. It can vary depending on several factors, but primarily on:
Decision wait times at the reconsideration and hearing levels. Because your claim will not necessarily start from scratch, most reconsideration appeal decisions will be received in sixty days or less. However, this is not always the case. Processing time can be less, or more, depending on the disability case itself. Obviously, if Social Security has to secure new medical evidence or schedule one or more consultative examinations, it could take longer for you to receive your reconsideration appeal decision.