<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-2002-36886
**Date of Review:** 2025-07-17

This report summarizes the comprehensive underwriting review for the application submitted by Laura Gardner. The request is for a New Home Purchase totaling $136,539.36. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1979-07-17, currently resides at 90193 Smith Lights Suite 578, New Antoniomouth, ND 76430, where they have lived for 18 months. Identity was cross-verified using the provided SSN suffix (****-1587). All communications have been directed to kellytonya@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $177,620.13. The primary credit bureau returned a score of 701. This results in a calculated debt-to-income (DTI) ratio of 36.00%. A review of liquid assets shows several accounts, including a Checking account at Trujillo Group with an average balance of $58,625.50 according to the statement dated 2025-07-07. 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 Business Equipment with a reported value of $8,698,082.52. The most recent appraisal was conducted on 2025-06-12. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.36 is a moderate concern. Credit score of 701 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 78 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-2002-36886",
  "applicant_details": {
    "name": "Laura Gardner",
    "date_of_birth": "1979-07-17",
    "ssn_last_4_digits": "1587",
    "contact_info": {
      "email": "kellytonya@example.net",
      "phone_number": "799.285.2089"
    },
    "residential_history": [
      {
        "address": "90193 Smith Lights Suite 578, New Antoniomouth, ND 76430",
        "duration_months": 18,
        "is_current": true
      },
      {
        "address": "22087 Munoz Overpass, Lake Cathy, WA 57382",
        "duration_months": 71,
        "is_current": false
      },
      {
        "address": "3048 Steven Port, Cooperstad, WV 27263",
        "duration_months": 39,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 136539.36,
    "loan_type": "New_Home_Purchase",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 8698082.52,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-06-12"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 177620.13,
    "debt_to_income_ratio": 0.36,
    "credit_score": 701,
    "bank_accounts": [
      {
        "bank_name": "Trujillo Group",
        "account_type": "Checking",
        "average_monthly_balance_usd": 58625.5,
        "last_statement_date": "2025-07-07"
      },
      {
        "bank_name": "Craig-Russell",
        "account_type": "Savings",
        "average_monthly_balance_usd": 25196.63,
        "last_statement_date": "2025-06-16"
      },
      {
        "bank_name": "Carr Ltd",
        "account_type": "Investment",
        "average_monthly_balance_usd": 19021.48,
        "last_statement_date": "2025-06-28"
      },
      {
        "bank_name": "Estrada Group",
        "account_type": "Savings",
        "average_monthly_balance_usd": 88711.79,
        "last_statement_date": "2025-06-21"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.36 is a moderate concern. Credit score of 701 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 78,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-17"
}