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.
Below you will find how long the average processing time in days is for each Office of Disability Adjudication and Review or ODAR nationally. Keep in mind this is how long it takes from requesting a hearing until a decision is made and does not include the application and reconsideration process. In July of 2007 the claims backlog for SSDI and SSI cases was at its highest mark ever reaching 749,224 cases. The information below should help give you an idea of how long it takes to get a decision at the hearing level. The national average in 7/07 was 528 days. As of 5/30/08 a new report was published with an update on processing times at the hearing level. The national average for 5/08 was 523 days.