<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-1971-67389
**Date of Review:** 2025-07-22

This report summarizes the comprehensive underwriting review for the application submitted by Robert Price. The request is for a Mortgage Refinance totaling $349,103.69. The specified purpose for the funds is: 'Chair would situation market game present realize beautiful.'.

**Applicant Profile & Financials:**
The applicant, born 1977-04-26, currently resides at 8718 Andrew Road Suite 437, East Andrewbury, MO 57549, where they have lived for 45 months. Identity was cross-verified using the provided SSN suffix (****-3030). All communications have been directed to sharonmay@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $956,209.07. The primary credit bureau returned a score of 759. This results in a calculated debt-to-income (DTI) ratio of 22.00%. A review of liquid assets shows several accounts, including a Investment account at Moses-Murray with an average balance of $70,259.27 according to the statement dated 2025-06-15. 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 Business Equipment with a reported value of $6,417,759.13. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (759) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.22) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 88 out of 100.
**Final Decision:** Based on the factors outlined, the recommended action is **Approve with Standard Terms**. The system status for this application has been updated to 'Approved'.
</data>
{
  "loan_application_id": "LLA-1971-67389",
  "applicant_details": {
    "name": "Robert Price",
    "date_of_birth": "1977-04-26",
    "ssn_last_4_digits": "3030",
    "contact_info": {
      "email": "sharonmay@example.org",
      "phone_number": "375-810-3321x1487"
    },
    "residential_history": [
      {
        "address": "8718 Andrew Road Suite 437, East Andrewbury, MO 57549",
        "duration_months": 45,
        "is_current": true
      },
      {
        "address": "6149 Christian Motorway, Burnettton, AL 82384",
        "duration_months": 33,
        "is_current": false
      },
      {
        "address": "024 Joel Underpass, Lisaburgh, CO 41796",
        "duration_months": 57,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 349103.69,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Chair would situation market game present realize beautiful.",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 6417759.13,
        "lien_status": "Second_Lien"
      },
      {
        "asset_type": "Residential Property",
        "estimated_value": 4128221.96,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-06-13"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 956209.07,
    "debt_to_income_ratio": 0.22,
    "credit_score": 759,
    "bank_accounts": [
      {
        "bank_name": "Moses-Murray",
        "account_type": "Investment",
        "average_monthly_balance_usd": 70259.27,
        "last_statement_date": "2025-06-15"
      },
      {
        "bank_name": "Parker-Davila",
        "account_type": "Savings",
        "average_monthly_balance_usd": 49861.8,
        "last_statement_date": "2025-07-13"
      },
      {
        "bank_name": "Perez-Ortiz",
        "account_type": "Investment",
        "average_monthly_balance_usd": 40709.82,
        "last_statement_date": "2025-07-10"
      },
      {
        "bank_name": "Hogan, Blevins and Hood",
        "account_type": "Savings",
        "average_monthly_balance_usd": 31630.15,
        "last_statement_date": "2025-06-19"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (759) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.22) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 88,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-07-22"
}