<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-2004-57350
**Date of Review:** 2025-08-12

This report summarizes the comprehensive underwriting review for the application submitted by Stacy Johnson. The request is for a Business Expansion Loan totaling $321,769.08. The specified purpose for the funds is: 'Owner picture catch couple practice service.'.

**Applicant Profile & Financials:**
The applicant, born 1975-09-05, currently resides at 0279 Mccormick Dale, Aaronstad, NV 36548, where they have lived for 18 months. Identity was cross-verified using the provided SSN suffix (****-0024). All communications have been directed to jameslogan@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $569,204.62. The primary credit bureau returned a score of 827. This results in a calculated debt-to-income (DTI) ratio of 53.00%. A review of liquid assets shows several accounts, including a Money Market account at Lopez-Ortiz with an average balance of $90,460.37 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 Residential Property with a reported value of $2,746,645.38. The most recent appraisal was conducted on 2025-07-27. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (827) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.53) 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'.
</data>
{
  "loan_application_id": "LLA-2004-57350",
  "applicant_details": {
    "name": "Stacy Johnson",
    "date_of_birth": "1975-09-05",
    "ssn_last_4_digits": "0024",
    "contact_info": {
      "email": "jameslogan@example.com",
      "phone_number": "306-422-4334x486"
    },
    "residential_history": [
      {
        "address": "0279 Mccormick Dale, Aaronstad, NV 36548",
        "duration_months": 18,
        "is_current": true
      },
      {
        "address": "324 Ortiz Mountains, Lindashire, IN 27696",
        "duration_months": 44,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 321769.08,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Owner picture catch couple practice service.",
    "collateral": [
      {
        "asset_type": "Residential Property",
        "estimated_value": 2746645.38,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-07-27"
      },
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 1549925.14,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-07-25"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 569204.62,
    "debt_to_income_ratio": 0.53,
    "credit_score": 827,
    "bank_accounts": [
      {
        "bank_name": "Lopez-Ortiz",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 90460.37,
        "last_statement_date": "2025-06-15"
      },
      {
        "bank_name": "Hanson, Garza and Jordan",
        "account_type": "Checking",
        "average_monthly_balance_usd": 39444.54,
        "last_statement_date": "2025-07-03"
      },
      {
        "bank_name": "Smith, Scott and Lynch",
        "account_type": "Checking",
        "average_monthly_balance_usd": 52009.82,
        "last_statement_date": "2025-07-12"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (827) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.53) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 82,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-08-12"
}