It depends on the loan program. For Owner-Occupied Lite Doc and Bank Statement programs, see below:
| LTV | Min. Reserve Requirement |
| Less than or equal to 65% LTV | 0 months PITI(A) |
| Greater Than 65% LTV | 3 months PITI(A) |
| Borrowers who own other financed properties are required to evidence an additional 1 month of PITIA reserves for the subject property for each additional financed property, capped at a maximum total of 18 months PITIA reserves. | |