<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-2010-37498
**Date of Review:** 2025-08-08

This report summarizes the comprehensive underwriting review for the application submitted by Jay Brady. The request is for a Business Expansion Loan totaling $960,290.33. The specified purpose for the funds is: 'Shake popular break or eye bring debate provide wonder.'.

**Applicant Profile & Financials:**
The applicant, born 1960-03-31, currently resides at 1260 Paul Harbor, West Jason, DE 91934, where they have lived for 65 months. Identity was cross-verified using the provided SSN suffix (****-1839). All communications have been directed to munozcharles@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $367,155.05. The primary credit bureau returned a score of 758. This results in a calculated debt-to-income (DTI) ratio of 28.00%. A review of liquid assets shows several accounts, including a Investment account at Sweeney-Cain with an average balance of $58,622.16 according to the statement dated 2025-07-08. 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 Residential Property with a reported value of $7,841,923.05. The most recent appraisal was conducted on 2025-07-03. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (758) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.28) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 86 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-2010-37498",
  "applicant_details": {
    "name": "Jay Brady",
    "date_of_birth": "1960-03-31",
    "ssn_last_4_digits": "1839",
    "contact_info": {
      "email": "munozcharles@example.com",
      "phone_number": "359-310-8867x30527"
    },
    "residential_history": [
      {
        "address": "1260 Paul Harbor, West Jason, DE 91934",
        "duration_months": 65,
        "is_current": true
      },
      {
        "address": "6003 Walsh Valleys, Lake Ashley, IA 00627",
        "duration_months": 55,
        "is_current": false
      },
      {
        "address": "4596 Jeffrey Views, Heatherland, GU 34563",
        "duration_months": 69,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 960290.33,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Shake popular break or eye bring debate provide wonder.",
    "collateral": [
      {
        "asset_type": "Residential Property",
        "estimated_value": 7841923.05,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-07-03"
      },
      {
        "asset_type": "Business Equipment",
        "estimated_value": 8012185.88,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-06-26"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 367155.05,
    "debt_to_income_ratio": 0.28,
    "credit_score": 758,
    "bank_accounts": [
      {
        "bank_name": "Sweeney-Cain",
        "account_type": "Investment",
        "average_monthly_balance_usd": 58622.16,
        "last_statement_date": "2025-07-08"
      },
      {
        "bank_name": "Fisher, Reed and Mccann",
        "account_type": "Investment",
        "average_monthly_balance_usd": 45666.83,
        "last_statement_date": "2025-06-15"
      },
      {
        "bank_name": "Hardy and Sons",
        "account_type": "Savings",
        "average_monthly_balance_usd": 47636.93,
        "last_statement_date": "2025-07-07"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (758) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.28) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 86,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-08-08"
}