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:
If you apply to be your own payee and Social Security denies your application, you have the right to appeal that decision. You have 60 days from the date of SSAâs decision to file the appeal. That appeal is called a Request for Reconsideration.