<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-2023-84207
**Date of Review:** 2025-07-21

This report summarizes the comprehensive underwriting review for the application submitted by Karen Richardson. The request is for a New Home Purchase totaling $171,174.47. The specified purpose for the funds is: 'Development follow military whole get wear kitchen.'.

**Applicant Profile & Financials:**
The applicant, born 1961-04-14, currently resides at 08662 Murray Mission, West Bobby, CO 48261, where they have lived for 38 months. Identity was cross-verified using the provided SSN suffix (****-2892). All communications have been directed to rjordan@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $134,828.72. The primary credit bureau returned a score of 571. This results in a calculated debt-to-income (DTI) ratio of 36.00%. A review of liquid assets shows several accounts, including a Money Market account at Moses Ltd with an average balance of $12,214.02 according to the statement dated 2025-07-10. 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 $4,990,804.85. The most recent appraisal was conducted on 2025-07-28. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.36 is a moderate concern. Credit score of 571 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 66 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.
2. Satisfactory final appraisal report.
3. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-2023-84207",
  "applicant_details": {
    "name": "Karen Richardson",
    "date_of_birth": "1961-04-14",
    "ssn_last_4_digits": "2892",
    "contact_info": {
      "email": "rjordan@example.com",
      "phone_number": "534.587.9983"
    },
    "residential_history": [
      {
        "address": "08662 Murray Mission, West Bobby, CO 48261",
        "duration_months": 38,
        "is_current": true
      },
      {
        "address": "396 Antonio Pike Apt. 319, Edwardsberg, NV 73957",
        "duration_months": 26,
        "is_current": false
      },
      {
        "address": "9601 Phyllis Lodge, North Ashley, FM 77180",
        "duration_months": 66,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 171174.47,
    "loan_type": "New_Home_Purchase",
    "loan_purpose": "Development follow military whole get wear kitchen.",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 4990804.85,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-07-28"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 134828.72,
    "debt_to_income_ratio": 0.36,
    "credit_score": 571,
    "bank_accounts": [
      {
        "bank_name": "Moses Ltd",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 12214.02,
        "last_statement_date": "2025-07-10"
      },
      {
        "bank_name": "Fry and Sons",
        "account_type": "Checking",
        "average_monthly_balance_usd": 44443.61,
        "last_statement_date": "2025-06-27"
      },
      {
        "bank_name": "Moore, Jones and Neal",
        "account_type": "Checking",
        "average_monthly_balance_usd": 73663.28,
        "last_statement_date": "2025-06-14"
      },
      {
        "bank_name": "Hansen LLC",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 70842.75,
        "last_statement_date": "2025-06-30"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.36 is a moderate concern. Credit score of 571 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 66,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Receipt of updated bank statements showing sufficient closing funds.",
      "Satisfactory final appraisal report.",
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-21"
}