<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-1993-86744
**Date of Review:** 2025-07-25

This report summarizes the comprehensive underwriting review for the application submitted by Patricia Nelson. The request is for a Business Expansion Loan totaling $789,506.62. The specified purpose for the funds is: 'Billion president hope system phone contain total fact group.'.

**Applicant Profile & Financials:**
The applicant, born 1982-04-18, currently resides at 8328 Hinton Path Suite 186, Perryborough, CA 99435, where they have lived for 32 months. Identity was cross-verified using the provided SSN suffix (****-1331). All communications have been directed to brandon84@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $187,871.94. The primary credit bureau returned a score of 753. This results in a calculated debt-to-income (DTI) ratio of 34.00%. A review of liquid assets shows several accounts, including a Savings account at Young PLC with an average balance of $78,797.43 according to the statement dated 2025-06-25. 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 $1,546,426.90. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (753) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.34) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 82 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'.
**Stipulations for Funding:**
1. Standard audit and verification of all submitted documents prior to funding.
</data>
{
  "loan_application_id": "LLA-1993-86744",
  "applicant_details": {
    "name": "Patricia Nelson",
    "date_of_birth": "1982-04-18",
    "ssn_last_4_digits": "1331",
    "contact_info": {
      "email": "brandon84@example.org",
      "phone_number": "305.786.0974x380"
    },
    "residential_history": [
      {
        "address": "8328 Hinton Path Suite 186, Perryborough, CA 99435",
        "duration_months": 32,
        "is_current": true
      },
      {
        "address": "89490 Gardner Green, Jacksonshire, KS 45788",
        "duration_months": 54,
        "is_current": false
      },
      {
        "address": "537 Daniel Run Apt. 118, Gregoryville, GU 31155",
        "duration_months": 40,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 789506.62,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Billion president hope system phone contain total fact group.",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 1546426.9,
        "lien_status": "Second_Lien"
      },
      {
        "asset_type": "Residential Property",
        "estimated_value": 9894803.54,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-06-07"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 187871.94,
    "debt_to_income_ratio": 0.34,
    "credit_score": 753,
    "bank_accounts": [
      {
        "bank_name": "Young PLC",
        "account_type": "Savings",
        "average_monthly_balance_usd": 78797.43,
        "last_statement_date": "2025-06-25"
      },
      {
        "bank_name": "Watts, Santos and Sanders",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 30178.11,
        "last_statement_date": "2025-06-19"
      },
      {
        "bank_name": "Humphrey, Bender and Curry",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 99329.73,
        "last_statement_date": "2025-06-25"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (753) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.34) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 82,
    "recommended_action": "Approve_with_Standard_Terms",
    "conditions_for_approval": [
      "Standard audit and verification of all submitted documents prior to funding."
    ]
  },
  "application_status": "Approved",
  "underwriting_date": "2025-07-25"
}