<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-2023-39632
**Date of Review:** 2025-08-10

This report summarizes the comprehensive underwriting review for the application submitted by Nancy Cruz. The request is for a New Home Purchase totaling $184,074.55. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1969-02-14, currently resides at 573 Erin Rest Apt. 369, Port Russelltown, AZ 94347, where they have lived for 33 months. Identity was cross-verified using the provided SSN suffix (****-3608). All communications have been directed to imarshall@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $607,503.49. The primary credit bureau returned a score of 730. This results in a calculated debt-to-income (DTI) ratio of 39.00%. A review of liquid assets shows several accounts, including a Checking account at Long-Davenport with an average balance of $26,686.33 according to the statement dated 2025-06-17. 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 Residential Property with a reported value of $4,424,953.36. The most recent appraisal was conducted on 2025-06-10. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (730) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.39) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 81 out of 100.
**Final Decision:** Based on the factors outlined, the recommended action is **Approve with Standard Terms**. The system status for this application has been updated to 'Approved'.
</data>
{
  "loan_application_id": "LLA-2023-39632",
  "applicant_details": {
    "name": "Nancy Cruz",
    "date_of_birth": "1969-02-14",
    "ssn_last_4_digits": "3608",
    "contact_info": {
      "email": "imarshall@example.net",
      "phone_number": "419-719-9572x08297"
    },
    "residential_history": [
      {
        "address": "573 Erin Rest Apt. 369, Port Russelltown, AZ 94347",
        "duration_months": 33,
        "is_current": true
      },
      {
        "address": "USS Stephens, FPO AE 20648",
        "duration_months": 41,
        "is_current": false
      },
      {
        "address": "874 Jones Crest Suite 540, New Angelica, RI 01162",
        "duration_months": 51,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 184074.55,
    "loan_type": "New_Home_Purchase",
    "collateral": [
      {
        "asset_type": "Residential Property",
        "estimated_value": 4424953.36,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-10"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 607503.49,
    "debt_to_income_ratio": 0.39,
    "credit_score": 730,
    "bank_accounts": [
      {
        "bank_name": "Long-Davenport",
        "account_type": "Checking",
        "average_monthly_balance_usd": 26686.33,
        "last_statement_date": "2025-06-17"
      },
      {
        "bank_name": "Adkins Inc",
        "account_type": "Savings",
        "average_monthly_balance_usd": 44839.16,
        "last_statement_date": "2025-07-05"
      },
      {
        "bank_name": "Mclaughlin PLC",
        "account_type": "Investment",
        "average_monthly_balance_usd": 52973.23,
        "last_statement_date": "2025-07-06"
      },
      {
        "bank_name": "Hanson, Jones and Calhoun",
        "account_type": "Savings",
        "average_monthly_balance_usd": 31794.68,
        "last_statement_date": "2025-07-04"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (730) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.39) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 81,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-08-10"
}