<format type="json">{loan_application_id: string, applicant_details: {name: string, date_of_birth: date, ssn_last_4_digits: string, contact_info: {email: string, phone_number: string}, residential_history: list[{address: string, duration_months: number, is_current: boolean}]}, loan_request: {amount_requested: number, loan_type: string, loan_purpose: string optional, collateral: list[{asset_type: string, estimated_value: number, lien_status: string, appraisal_date: date optional}] optional}, financial_summary: {annual_income_usd: number, debt_to_income_ratio: number, credit_score: number, bank_accounts: list[{bank_name: string, account_type: string, average_monthly_balance_usd: number, last_statement_date: date}]}, risk_assessment: {underwriter_notes: string, risk_score_out_of_100: number, recommended_action: string, conditions_for_approval: list[string] optional}, application_status: string, underwriting_date: date}</format> <data>**CONFIDENTIAL: UNDERWRITING ASSESSMENT REPORT**

**File Reference:** LLA-1970-52209
**Date of Review:** 2025-08-07

This report summarizes the comprehensive underwriting review for the application submitted by Edward Lopez. The request is for a Mortgage Refinance totaling $653,611.52. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1980-08-21, currently resides at 2777 Porter Lodge, Angelaton, CT 22016, where they have lived for 44 months. Identity was cross-verified using the provided SSN suffix (****-6877). All communications have been directed to xlawrence@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $955,211.03. The primary credit bureau returned a score of 578. This results in a calculated debt-to-income (DTI) ratio of 51.00%. A review of liquid assets shows several accounts, including a Savings account at Perkins and Sons with an average balance of $36,453.19 according to the statement dated 2025-06-20. Market conditions have been stable, although we noted a slight dip in the index last Tuesday, which is considered immaterial to this assessment.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.51 is a moderate concern. Credit score of 578 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 68 out of 100.
**Final Decision:** Based on the factors outlined, the recommended action is **Approve with Conditions**. The system status for this application has been updated to 'Pending_Conditions'.
**Stipulations for Funding:**
1. Proof of hazard insurance for the subject property.
2. Receipt of updated bank statements showing sufficient closing funds.
3. Verification of employment for the last 24 months.
</data>
{
  "loan_application_id": "LLA-1970-52209",
  "applicant_details": {
    "name": "Edward Lopez",
    "date_of_birth": "1980-08-21",
    "ssn_last_4_digits": "6877",
    "contact_info": {
      "email": "xlawrence@example.org",
      "phone_number": "744-522-2911"
    },
    "residential_history": [
      {
        "address": "2777 Porter Lodge, Angelaton, CT 22016",
        "duration_months": 44,
        "is_current": true
      },
      {
        "address": "95615 Justin Locks, Moralesberg, NV 35557",
        "duration_months": 43,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 653611.52,
    "loan_type": "Mortgage_Refinance"
  },
  "financial_summary": {
    "annual_income_usd": 955211.03,
    "debt_to_income_ratio": 0.51,
    "credit_score": 578,
    "bank_accounts": [
      {
        "bank_name": "Perkins and Sons",
        "account_type": "Savings",
        "average_monthly_balance_usd": 36453.19,
        "last_statement_date": "2025-06-20"
      },
      {
        "bank_name": "Henry and Sons",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 73685.99,
        "last_statement_date": "2025-06-27"
      },
      {
        "bank_name": "Rios, Fisher and Miller",
        "account_type": "Investment",
        "average_monthly_balance_usd": 42145.87,
        "last_statement_date": "2025-06-28"
      },
      {
        "bank_name": "Prince-Robles",
        "account_type": "Investment",
        "average_monthly_balance_usd": 98653.45,
        "last_statement_date": "2025-07-07"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.51 is a moderate concern. Credit score of 578 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 68,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property.",
      "Receipt of updated bank statements showing sufficient closing funds.",
      "Verification of employment for the last 24 months."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-07"
}