In field 7: Liquid Assets is where you put the applicant's total amount of available and verified assets. Review the Request for Verification of Deposit, VA Form 26-8497a or any form containing the same information, bank statements and/or HUD-1 Settlement Statement. The assets need to cover all deposits, closing costs not being paid by the seller or reserves for rental property. A complete listing of available assets should be on the URLA in Section VI: Assets and Liabilities. Total the verified assets and place that figure here. Use this calculator to add the verified cash assets. Learn more about this topic in the Assets lesson. Refer to the VA Lender's Handbook for more details regarding Assets.