<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-1993-51221
**Date of Review:** 2025-08-02

This report summarizes the comprehensive underwriting review for the application submitted by Justin Garcia. The request is for a New Home Purchase totaling $331,334.58. The specified purpose for the funds is: 'Traditional age decision and fill experience nor.'.

**Applicant Profile & Financials:**
The applicant, born 1959-04-29, currently resides at 1471 Meyers Greens, Lake Kaylaberg, NH 37642, where they have lived for 69 months. Identity was cross-verified using the provided SSN suffix (****-2956). All communications have been directed to blackburncharles@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $237,300.02. The primary credit bureau returned a score of 587. This results in a calculated debt-to-income (DTI) ratio of 33.00%. A review of liquid assets shows several accounts, including a Investment account at Phillips Group with an average balance of $64,783.60 according to the statement dated 2025-07-01. 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 Commercial Real Estate with a reported value of $7,945,979.79. The most recent appraisal was conducted on 2025-06-17. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.33 is a moderate concern. Credit score of 587 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 74 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. Receipt of updated bank statements showing sufficient closing funds.
</data>
{
  "loan_application_id": "LLA-1993-51221",
  "applicant_details": {
    "name": "Justin Garcia",
    "date_of_birth": "1959-04-29",
    "ssn_last_4_digits": "2956",
    "contact_info": {
      "email": "blackburncharles@example.org",
      "phone_number": "+1-963-381-6180"
    },
    "residential_history": [
      {
        "address": "1471 Meyers Greens, Lake Kaylaberg, NH 37642",
        "duration_months": 69,
        "is_current": true
      },
      {
        "address": "8380 Frank Common Suite 723, Ivanberg, ND 24964",
        "duration_months": 12,
        "is_current": false
      },
      {
        "address": "70180 Rachel Club Apt. 534, Moorestad, ND 72043",
        "duration_months": 60,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 331334.58,
    "loan_type": "New_Home_Purchase",
    "loan_purpose": "Traditional age decision and fill experience nor.",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 7945979.79,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-17"
      },
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 9016660.9,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-05-19"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 237300.02,
    "debt_to_income_ratio": 0.33,
    "credit_score": 587,
    "bank_accounts": [
      {
        "bank_name": "Phillips Group",
        "account_type": "Investment",
        "average_monthly_balance_usd": 64783.6,
        "last_statement_date": "2025-07-01"
      },
      {
        "bank_name": "Curry and Sons",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 72365.13,
        "last_statement_date": "2025-06-21"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.33 is a moderate concern. Credit score of 587 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 74,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Receipt of updated bank statements showing sufficient closing funds."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-02"
}