Jason E. Gordon
Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
San Diego,
CA
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CMG Mortgage, San Diego, CA
Address: 11440 W. Bernardo Court, Ste. 300, San Diego, California, 92127
Mobile: 619-200-8031
Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon
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An often overlooked mortgage underwriting guideline is Cash Reserves (aka Post-Closing Liquidity). While not all loan programs require Cash Reserves, it is important to know what assets are eligible (and at what percentage). A good way to visualize Cash Reserves is to determine what is left on deposit "after all the smoke clears" when money was used to buy a home.
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