<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-2022-73593
**Date of Review:** 2025-08-04

This report summarizes the comprehensive underwriting review for the application submitted by Lori Fuller. The request is for a Business Expansion Loan totaling $307,697.73. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1985-02-05, currently resides at PSC 5012, Box 8434, APO AA 70874, where they have lived for 13 months. Identity was cross-verified using the provided SSN suffix (****-8190). All communications have been directed to tony73@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $688,253.75. The primary credit bureau returned a score of 635. This results in a calculated debt-to-income (DTI) ratio of 40.00%. A review of liquid assets shows several accounts, including a Money Market account at Brown and Sons with an average balance of $57,741.52 according to the statement dated 2025-07-04. 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 $5,749,895.76. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.4 is a moderate concern. Credit score of 635 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. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-2022-73593",
  "applicant_details": {
    "name": "Lori Fuller",
    "date_of_birth": "1985-02-05",
    "ssn_last_4_digits": "8190",
    "contact_info": {
      "email": "tony73@example.org",
      "phone_number": "287-635-8954"
    },
    "residential_history": [
      {
        "address": "PSC 5012, Box 8434, APO AA 70874",
        "duration_months": 13,
        "is_current": true
      },
      {
        "address": "363 Ross Ridge, Whitehaven, ME 48237",
        "duration_months": 41,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 307697.73,
    "loan_type": "Business_Expansion_Loan",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 5749895.76,
        "lien_status": "Second_Lien"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 688253.75,
    "debt_to_income_ratio": 0.4,
    "credit_score": 635,
    "bank_accounts": [
      {
        "bank_name": "Brown and Sons",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 57741.52,
        "last_statement_date": "2025-07-04"
      },
      {
        "bank_name": "Gonzales-Reed",
        "account_type": "Checking",
        "average_monthly_balance_usd": 64829.02,
        "last_statement_date": "2025-06-27"
      },
      {
        "bank_name": "Richards-Green",
        "account_type": "Savings",
        "average_monthly_balance_usd": 91787.73,
        "last_statement_date": "2025-06-17"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.4 is a moderate concern. Credit score of 635 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 75,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-04"
}