<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-1975-18590
**Date of Review:** 2025-07-20

This report summarizes the comprehensive underwriting review for the application submitted by Danielle Floyd. The request is for a Mortgage Refinance totaling $859,591.34. The specified purpose for the funds is: 'Research mind yard different strategy bit.'.

**Applicant Profile & Financials:**
The applicant, born 1989-01-29, currently resides at 448 Mcgee River, Port Nicholasland, PW 11258, where they have lived for 37 months. Identity was cross-verified using the provided SSN suffix (****-8687). All communications have been directed to ibarr@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $808,247.41. The primary credit bureau returned a score of 704. This results in a calculated debt-to-income (DTI) ratio of 63.00%. A review of liquid assets shows several accounts, including a Money Market account at Sims, Ruiz and Avery with an average balance of $16,169.71 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.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.63 is a moderate concern. Credit score of 704 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 72 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. Receipt of updated bank statements showing sufficient closing funds.
3. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-1975-18590",
  "applicant_details": {
    "name": "Danielle Floyd",
    "date_of_birth": "1989-01-29",
    "ssn_last_4_digits": "8687",
    "contact_info": {
      "email": "ibarr@example.com",
      "phone_number": "705.939.0495x484"
    },
    "residential_history": [
      {
        "address": "448 Mcgee River, Port Nicholasland, PW 11258",
        "duration_months": 37,
        "is_current": true
      },
      {
        "address": "05807 Nancy Lane, Kevinberg, NC 88069",
        "duration_months": 59,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 859591.34,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Research mind yard different strategy bit."
  },
  "financial_summary": {
    "annual_income_usd": 808247.41,
    "debt_to_income_ratio": 0.63,
    "credit_score": 704,
    "bank_accounts": [
      {
        "bank_name": "Sims, Ruiz and Avery",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 16169.71,
        "last_statement_date": "2025-06-15"
      },
      {
        "bank_name": "Smith Ltd",
        "account_type": "Checking",
        "average_monthly_balance_usd": 97343.4,
        "last_statement_date": "2025-07-07"
      },
      {
        "bank_name": "Brown-Sims",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 47135.75,
        "last_statement_date": "2025-06-27"
      },
      {
        "bank_name": "Gonzalez-Villanueva",
        "account_type": "Savings",
        "average_monthly_balance_usd": 32428.64,
        "last_statement_date": "2025-07-01"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.63 is a moderate concern. Credit score of 704 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 72,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Verification of employment for the last 24 months.",
      "Receipt of updated bank statements showing sufficient closing funds.",
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-20"
}