<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-1988-85168
**Date of Review:** 2025-07-23

This report summarizes the comprehensive underwriting review for the application submitted by Shannon Simpson. The request is for a New Home Purchase totaling $609,001.12. The specified purpose for the funds is: 'Pay firm any billion risk herself myself wait build.'.

**Applicant Profile & Financials:**
The applicant, born 1983-06-11, currently resides at 2342 Parks Junction Suite 918, New Sandra, IA 50408, where they have lived for 19 months. Identity was cross-verified using the provided SSN suffix (****-6655). All communications have been directed to dray@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $209,426.44. The primary credit bureau returned a score of 787. This results in a calculated debt-to-income (DTI) ratio of 59.00%. A review of liquid assets shows several accounts, including a Savings account at Wilson, Castillo and Andrews with an average balance of $62,537.57 according to the statement dated 2025-06-22. 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 Marketable Securities with a reported value of $3,812,364.26. The most recent appraisal was conducted on 2025-05-17. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.59 is a moderate concern. Credit score of 787 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 78 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. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-1988-85168",
  "applicant_details": {
    "name": "Shannon Simpson",
    "date_of_birth": "1983-06-11",
    "ssn_last_4_digits": "6655",
    "contact_info": {
      "email": "dray@example.com",
      "phone_number": "363-420-4411x37333"
    },
    "residential_history": [
      {
        "address": "2342 Parks Junction Suite 918, New Sandra, IA 50408",
        "duration_months": 19,
        "is_current": true
      },
      {
        "address": "2647 Cook Mews Suite 506, South Johnton, AK 35240",
        "duration_months": 69,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 609001.12,
    "loan_type": "New_Home_Purchase",
    "loan_purpose": "Pay firm any billion risk herself myself wait build.",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 3812364.26,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-05-17"
      },
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 5182917.71,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-06-30"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 209426.44,
    "debt_to_income_ratio": 0.59,
    "credit_score": 787,
    "bank_accounts": [
      {
        "bank_name": "Wilson, Castillo and Andrews",
        "account_type": "Savings",
        "average_monthly_balance_usd": 62537.57,
        "last_statement_date": "2025-06-22"
      },
      {
        "bank_name": "Leonard-Mitchell",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 62366.0,
        "last_statement_date": "2025-06-28"
      },
      {
        "bank_name": "Williams, Hendricks and Ford",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 83241.55,
        "last_statement_date": "2025-06-21"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.59 is a moderate concern. Credit score of 787 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 78,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Receipt of updated bank statements showing sufficient closing funds.",
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-23"
}