<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-1997-93511
**Date of Review:** 2025-07-27

This report summarizes the comprehensive underwriting review for the application submitted by Tiffany Carlson. The request is for a Business Expansion Loan totaling $205,963.99. The specified purpose for the funds is: 'Wonder like entire choice window speech.'.

**Applicant Profile & Financials:**
The applicant, born 1960-02-12, currently resides at 1708 Jenkins Wells Suite 753, South Philip, AS 23059, where they have lived for 56 months. Identity was cross-verified using the provided SSN suffix (****-6791). All communications have been directed to peggyjackson@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $127,328.51. The primary credit bureau returned a score of 754. This results in a calculated debt-to-income (DTI) ratio of 35.00%. A review of liquid assets shows several accounts, including a Checking account at Hicks-Miller with an average balance of $91,525.60 according to the statement dated 2025-06-23. 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 $8,017,877.79. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.35 is a moderate concern. Credit score of 754 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 76 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. Satisfactory final appraisal report.
</data>
{
  "loan_application_id": "LLA-1997-93511",
  "applicant_details": {
    "name": "Tiffany Carlson",
    "date_of_birth": "1960-02-12",
    "ssn_last_4_digits": "6791",
    "contact_info": {
      "email": "peggyjackson@example.org",
      "phone_number": "001-315-390-2944x798"
    },
    "residential_history": [
      {
        "address": "1708 Jenkins Wells Suite 753, South Philip, AS 23059",
        "duration_months": 56,
        "is_current": true
      },
      {
        "address": "29487 Gray Mount, New Amandaside, WV 15570",
        "duration_months": 53,
        "is_current": false
      },
      {
        "address": "58400 Murphy Ports Apt. 329, Davenportborough, DC 06941",
        "duration_months": 16,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 205963.99,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Wonder like entire choice window speech.",
    "collateral": [
      {
        "asset_type": "Residential Property",
        "estimated_value": 8017877.79,
        "lien_status": "First_Lien"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 127328.51,
    "debt_to_income_ratio": 0.35,
    "credit_score": 754,
    "bank_accounts": [
      {
        "bank_name": "Hicks-Miller",
        "account_type": "Checking",
        "average_monthly_balance_usd": 91525.6,
        "last_statement_date": "2025-06-23"
      },
      {
        "bank_name": "Stewart-Ortiz",
        "account_type": "Investment",
        "average_monthly_balance_usd": 37592.63,
        "last_statement_date": "2025-06-27"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.35 is a moderate concern. Credit score of 754 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 76,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Satisfactory final appraisal report."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-27"
}