<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-1998-24155
**Date of Review:** 2025-07-16

This report summarizes the comprehensive underwriting review for the application submitted by John Howell. The request is for a Personal Loan totaling $998,773.79. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1981-04-15, currently resides at 108 Morrow Mission, South Patricia, AK 10336, where they have lived for 68 months. Identity was cross-verified using the provided SSN suffix (****-0483). All communications have been directed to badams@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $944,912.82. The primary credit bureau returned a score of 667. This results in a calculated debt-to-income (DTI) ratio of 32.00%. A review of liquid assets shows several accounts, including a Checking account at Haynes Ltd with an average balance of $43,315.80 according to the statement dated 2025-07-08. 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 $1,958,021.58. The most recent appraisal was conducted on 2025-05-20. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.32 is a moderate concern. Credit score of 667 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 79 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-1998-24155",
  "applicant_details": {
    "name": "John Howell",
    "date_of_birth": "1981-04-15",
    "ssn_last_4_digits": "0483",
    "contact_info": {
      "email": "badams@example.org",
      "phone_number": "(679)733-4322x749"
    },
    "residential_history": [
      {
        "address": "108 Morrow Mission, South Patricia, AK 10336",
        "duration_months": 68,
        "is_current": true
      },
      {
        "address": "3844 Reyes Glens Apt. 944, Timothyville, TX 07138",
        "duration_months": 62,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 998773.79,
    "loan_type": "Personal_Loan",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 1958021.58,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-05-20"
      },
      {
        "asset_type": "Residential Property",
        "estimated_value": 2768619.63,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-07-29"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 944912.82,
    "debt_to_income_ratio": 0.32,
    "credit_score": 667,
    "bank_accounts": [
      {
        "bank_name": "Haynes Ltd",
        "account_type": "Checking",
        "average_monthly_balance_usd": 43315.8,
        "last_statement_date": "2025-07-08"
      },
      {
        "bank_name": "Marshall-Mason",
        "account_type": "Investment",
        "average_monthly_balance_usd": 66390.7,
        "last_statement_date": "2025-06-25"
      },
      {
        "bank_name": "Brock Inc",
        "account_type": "Checking",
        "average_monthly_balance_usd": 59790.71,
        "last_statement_date": "2025-06-18"
      },
      {
        "bank_name": "Myers-Harding",
        "account_type": "Savings",
        "average_monthly_balance_usd": 79574.36,
        "last_statement_date": "2025-06-28"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.32 is a moderate concern. Credit score of 667 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 79,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-16"
}