<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-2002-77765
**Date of Review:** 2025-07-30

This report summarizes the comprehensive underwriting review for the application submitted by Oscar Rojas. The request is for a Business Expansion Loan totaling $964,046.58. The specified purpose for the funds is: 'Wall western thank food important not.'.

**Applicant Profile & Financials:**
The applicant, born 1987-02-10, currently resides at 422 Brown Mount, Jamestown, RI 91194, where they have lived for 51 months. Identity was cross-verified using the provided SSN suffix (****-3982). All communications have been directed to shunt@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $509,463.02. The primary credit bureau returned a score of 568. This results in a calculated debt-to-income (DTI) ratio of 56.00%. A review of liquid assets shows several accounts, including a Checking account at Ferguson, Nichols and Bowen with an average balance of $18,081.90 according to the statement dated 2025-06-17. 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 $8,040,244.43. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.56 is a moderate concern. Credit score of 568 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 66 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.
</data>
{
  "loan_application_id": "LLA-2002-77765",
  "applicant_details": {
    "name": "Oscar Rojas",
    "date_of_birth": "1987-02-10",
    "ssn_last_4_digits": "3982",
    "contact_info": {
      "email": "shunt@example.com",
      "phone_number": "(495)785-0457x73125"
    },
    "residential_history": [
      {
        "address": "422 Brown Mount, Jamestown, RI 91194",
        "duration_months": 51,
        "is_current": true
      },
      {
        "address": "540 Timothy Mountains, East Michael, AZ 46378",
        "duration_months": 20,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 964046.58,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Wall western thank food important not.",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 8040244.43,
        "lien_status": "Second_Lien"
      },
      {
        "asset_type": "Business Equipment",
        "estimated_value": 4236497.23,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-07-23"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 509463.02,
    "debt_to_income_ratio": 0.56,
    "credit_score": 568,
    "bank_accounts": [
      {
        "bank_name": "Ferguson, Nichols and Bowen",
        "account_type": "Checking",
        "average_monthly_balance_usd": 18081.9,
        "last_statement_date": "2025-06-17"
      },
      {
        "bank_name": "Hawkins, Valenzuela and Barrera",
        "account_type": "Savings",
        "average_monthly_balance_usd": 60551.29,
        "last_statement_date": "2025-06-19"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.56 is a moderate concern. Credit score of 568 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 66,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-30"
}