<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-2011-91638
**Date of Review:** 2025-08-02

This report summarizes the comprehensive underwriting review for the application submitted by Desiree Rodriguez. The request is for a Business Expansion Loan totaling $746,011.15. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1962-04-10, currently resides at PSC 2180, Box 8896, APO AP 03922, where they have lived for 60 months. Identity was cross-verified using the provided SSN suffix (****-8574). All communications have been directed to lkidd@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $861,793.47. The primary credit bureau returned a score of 709. This results in a calculated debt-to-income (DTI) ratio of 55.00%. A review of liquid assets shows several accounts, including a Savings account at Graham, Hopkins and Carney with an average balance of $63,698.83 according to the statement dated 2025-06-18. 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 $2,131,200.19. The most recent appraisal was conducted on 2025-06-26. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.55 is a moderate concern. Credit score of 709 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 75 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.
</data>
{
  "loan_application_id": "LLA-2011-91638",
  "applicant_details": {
    "name": "Desiree Rodriguez",
    "date_of_birth": "1962-04-10",
    "ssn_last_4_digits": "8574",
    "contact_info": {
      "email": "lkidd@example.org",
      "phone_number": "325-999-2765x0049"
    },
    "residential_history": [
      {
        "address": "PSC 2180, Box 8896, APO AP 03922",
        "duration_months": 60,
        "is_current": true
      },
      {
        "address": "256 Green Orchard, Harrisonside, ND 21868",
        "duration_months": 35,
        "is_current": false
      },
      {
        "address": "25868 Wanda Station, Bellchester, MN 35808",
        "duration_months": 52,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 746011.15,
    "loan_type": "Business_Expansion_Loan",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 2131200.19,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-06-26"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 861793.47,
    "debt_to_income_ratio": 0.55,
    "credit_score": 709,
    "bank_accounts": [
      {
        "bank_name": "Graham, Hopkins and Carney",
        "account_type": "Savings",
        "average_monthly_balance_usd": 63698.83,
        "last_statement_date": "2025-06-18"
      },
      {
        "bank_name": "Kline, Jones and Cobb",
        "account_type": "Savings",
        "average_monthly_balance_usd": 18572.26,
        "last_statement_date": "2025-06-28"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.55 is a moderate concern. Credit score of 709 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 75,
    "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."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-02"
}