BBjazz44 Posted January 11, 2006 Report Share Posted January 11, 2006 Is it mandatory to have 2 months of PITI in the bank? I am about to begin the process of buying a $350K house in Atlanta. I dont have 2 months of PITI. I plan on using VA to secure the loan. Ive used VA in the past and didnt have to have 2 month of PITI. Help?! The lender will be calling me tomorrow. Link to comment Share on other sites More sharing options...
Anonymous Posted January 11, 2006 Report Share Posted January 11, 2006 I believe the 2 months of PITI is for conventional mortgages. FHA/VA don't have that requirement. Link to comment Share on other sites More sharing options...
Chucky Posted January 25, 2006 Report Share Posted January 25, 2006 Subprime lenders don't require that. Link to comment Share on other sites More sharing options...
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