<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-1971-25859
**Date of Review:** 2025-08-03

This report summarizes the comprehensive underwriting review for the application submitted by Andrew Knight. The request is for a Business Expansion Loan totaling $695,609.85. The specified purpose for the funds is: 'Age their most phone help north leader support research rock.'.

**Applicant Profile & Financials:**
The applicant, born 1971-07-01, currently resides at 480 Danielle Court, East Jody, WV 63812, where they have lived for 45 months. Identity was cross-verified using the provided SSN suffix (****-6190). All communications have been directed to james93@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $481,931.81. The primary credit bureau returned a score of 662. This results in a calculated debt-to-income (DTI) ratio of 33.00%. A review of liquid assets shows several accounts, including a Money Market account at Lyons, Chen and Burke with an average balance of $95,904.10 according to the statement dated 2025-06-14. 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 0.33 is a moderate concern. Credit score of 662 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. Verification of employment for the last 24 months.
2. Receipt of updated bank statements showing sufficient closing funds.
</data>
{
  "loan_application_id": "LLA-1971-25859",
  "applicant_details": {
    "name": "Andrew Knight",
    "date_of_birth": "1971-07-01",
    "ssn_last_4_digits": "6190",
    "contact_info": {
      "email": "james93@example.com",
      "phone_number": "001-365-909-0308"
    },
    "residential_history": [
      {
        "address": "480 Danielle Court, East Jody, WV 63812",
        "duration_months": 45,
        "is_current": true
      },
      {
        "address": "125 Trevor Place Suite 498, Masseyland, WV 44633",
        "duration_months": 48,
        "is_current": false
      },
      {
        "address": "375 Arnold Ridge, Frankchester, UT 16865",
        "duration_months": 66,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 695609.85,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Age their most phone help north leader support research rock."
  },
  "financial_summary": {
    "annual_income_usd": 481931.81,
    "debt_to_income_ratio": 0.33,
    "credit_score": 662,
    "bank_accounts": [
      {
        "bank_name": "Lyons, Chen and Burke",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 95904.1,
        "last_statement_date": "2025-06-14"
      },
      {
        "bank_name": "Baker Ltd",
        "account_type": "Investment",
        "average_monthly_balance_usd": 28215.47,
        "last_statement_date": "2025-06-25"
      },
      {
        "bank_name": "Carr-Hicks",
        "account_type": "Checking",
        "average_monthly_balance_usd": 91431.07,
        "last_statement_date": "2025-06-30"
      },
      {
        "bank_name": "Hoffman-Skinner",
        "account_type": "Checking",
        "average_monthly_balance_usd": 28881.97,
        "last_statement_date": "2025-06-15"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.33 is a moderate concern. Credit score of 662 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 79,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Verification of employment for the last 24 months.",
      "Receipt of updated bank statements showing sufficient closing funds."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-03"
}