<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-1970-47160
**Date of Review:** 2025-07-16

This report summarizes the comprehensive underwriting review for the application submitted by Laura Smith. The request is for a Business Expansion Loan totaling $420,036.60. The specified purpose for the funds is: 'Sister affect certain provide score.'.

**Applicant Profile & Financials:**
The applicant, born 1985-03-08, currently resides at 628 Sampson Mall Apt. 716, Brianburgh, IL 45233, where they have lived for 39 months. Identity was cross-verified using the provided SSN suffix (****-3684). All communications have been directed to tgarcia@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $899,002.87. The primary credit bureau returned a score of 751. This results in a calculated debt-to-income (DTI) ratio of 50.00%. A review of liquid assets shows several accounts, including a Money Market account at Weeks and Sons with an average balance of $65,104.78 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.

**Collateral Assessment:**
The loan is to be secured by a Commercial Real Estate with a reported value of $8,112,899.61. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.5 is a moderate concern. Credit score of 751 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 79 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. Receipt of updated bank statements showing sufficient closing funds.
2. Verification of employment for the last 24 months.
3. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-1970-47160",
  "applicant_details": {
    "name": "Laura Smith",
    "date_of_birth": "1985-03-08",
    "ssn_last_4_digits": "3684",
    "contact_info": {
      "email": "tgarcia@example.net",
      "phone_number": "826-800-0727x8907"
    },
    "residential_history": [
      {
        "address": "628 Sampson Mall Apt. 716, Brianburgh, IL 45233",
        "duration_months": 39,
        "is_current": true
      },
      {
        "address": "0277 Joanna Oval Apt. 721, Smithhaven, MN 21260",
        "duration_months": 14,
        "is_current": false
      },
      {
        "address": "2053 Fowler Manor, South Jenna, AZ 95702",
        "duration_months": 68,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 420036.6,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Sister affect certain provide score.",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 8112899.61,
        "lien_status": "Unencumbered"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 899002.87,
    "debt_to_income_ratio": 0.5,
    "credit_score": 751,
    "bank_accounts": [
      {
        "bank_name": "Weeks and Sons",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 65104.78,
        "last_statement_date": "2025-06-20"
      },
      {
        "bank_name": "Hull Ltd",
        "account_type": "Checking",
        "average_monthly_balance_usd": 83648.07,
        "last_statement_date": "2025-06-30"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.5 is a moderate concern. Credit score of 751 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 79,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Receipt of updated bank statements showing sufficient closing funds.",
      "Verification of employment for the last 24 months.",
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-16"
}