<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-1984-43261
**Date of Review:** 2025-07-20

This report summarizes the comprehensive underwriting review for the application submitted by Denise Black. The request is for a Personal Loan totaling $901,249.54. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1955-09-19, currently resides at 33517 Washington Flats Suite 482, Smithfurt, VI 38085, where they have lived for 55 months. Identity was cross-verified using the provided SSN suffix (****-6788). All communications have been directed to maxwellpaul@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $870,136.58. The primary credit bureau returned a score of 683. This results in a calculated debt-to-income (DTI) ratio of 64.00%. A review of liquid assets shows several accounts, including a Money Market account at Horne, Washington and White with an average balance of $14,244.63 according to the statement dated 2025-06-21. 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 $6,047,097.08. The most recent appraisal was conducted on 2025-05-22. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.64 is a moderate concern. Credit score of 683 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 70 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.
2. Satisfactory final appraisal report.
3. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-1984-43261",
  "applicant_details": {
    "name": "Denise Black",
    "date_of_birth": "1955-09-19",
    "ssn_last_4_digits": "6788",
    "contact_info": {
      "email": "maxwellpaul@example.com",
      "phone_number": "594-219-5365x1812"
    },
    "residential_history": [
      {
        "address": "33517 Washington Flats Suite 482, Smithfurt, VI 38085",
        "duration_months": 55,
        "is_current": true
      },
      {
        "address": "Unit 5848 Box 6030, DPO AE 22569",
        "duration_months": 64,
        "is_current": false
      },
      {
        "address": "6230 Atkins Isle Apt. 844, Andersonmouth, MO 03427",
        "duration_months": 41,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 901249.54,
    "loan_type": "Personal_Loan",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 6047097.08,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-05-22"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 870136.58,
    "debt_to_income_ratio": 0.64,
    "credit_score": 683,
    "bank_accounts": [
      {
        "bank_name": "Horne, Washington and White",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 14244.63,
        "last_statement_date": "2025-06-21"
      },
      {
        "bank_name": "Evans Group",
        "account_type": "Checking",
        "average_monthly_balance_usd": 18552.61,
        "last_statement_date": "2025-07-13"
      },
      {
        "bank_name": "Padilla LLC",
        "account_type": "Savings",
        "average_monthly_balance_usd": 85977.91,
        "last_statement_date": "2025-07-13"
      },
      {
        "bank_name": "Jones, Hernandez and Moore",
        "account_type": "Checking",
        "average_monthly_balance_usd": 12474.96,
        "last_statement_date": "2025-06-27"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.64 is a moderate concern. Credit score of 683 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 70,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Verification of employment for the last 24 months.",
      "Satisfactory final appraisal report.",
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-20"
}