<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-1971-89419
**Date of Review:** 2025-07-27

This report summarizes the comprehensive underwriting review for the application submitted by Donald Harris. The request is for a Business Expansion Loan totaling $923,792.69. The specified purpose for the funds is: 'Finally little under capital suddenly today least cause better.'.

**Applicant Profile & Financials:**
The applicant, born 1985-07-31, currently resides at 39914 Watson Radial Suite 419, Gregoryborough, NJ 42808, where they have lived for 37 months. Identity was cross-verified using the provided SSN suffix (****-0625). All communications have been directed to claudiasantos@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $478,848.25. The primary credit bureau returned a score of 571. This results in a calculated debt-to-income (DTI) ratio of 34.00%. A review of liquid assets shows several accounts, including a Checking account at Griffin, Schwartz and Kennedy with an average balance of $73,502.98 according to the statement dated 2025-06-20. 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 Marketable Securities with a reported value of $9,806,438.61. The most recent appraisal was conducted on 2025-06-18. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.34 is a moderate concern. Credit score of 571 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 73 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.
</data>
{
  "loan_application_id": "LLA-1971-89419",
  "applicant_details": {
    "name": "Donald Harris",
    "date_of_birth": "1985-07-31",
    "ssn_last_4_digits": "0625",
    "contact_info": {
      "email": "claudiasantos@example.net",
      "phone_number": "939-753-2167x72078"
    },
    "residential_history": [
      {
        "address": "39914 Watson Radial Suite 419, Gregoryborough, NJ 42808",
        "duration_months": 37,
        "is_current": true
      },
      {
        "address": "405 Willie Bypass, Smithtown, PR 57614",
        "duration_months": 18,
        "is_current": false
      },
      {
        "address": "090 Mcgrath Walk Apt. 448, East Jennifer, SC 95929",
        "duration_months": 29,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 923792.69,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Finally little under capital suddenly today least cause better.",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 9806438.61,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-06-18"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 478848.25,
    "debt_to_income_ratio": 0.34,
    "credit_score": 571,
    "bank_accounts": [
      {
        "bank_name": "Griffin, Schwartz and Kennedy",
        "account_type": "Checking",
        "average_monthly_balance_usd": 73502.98,
        "last_statement_date": "2025-06-20"
      },
      {
        "bank_name": "Cain-Owens",
        "account_type": "Checking",
        "average_monthly_balance_usd": 65072.12,
        "last_statement_date": "2025-07-01"
      },
      {
        "bank_name": "Lopez-Green",
        "account_type": "Savings",
        "average_monthly_balance_usd": 92149.8,
        "last_statement_date": "2025-07-03"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.34 is a moderate concern. Credit score of 571 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 73,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Verification of employment for the last 24 months."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-27"
}