<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-2017-54441
**Date of Review:** 2025-07-17

This report summarizes the comprehensive underwriting review for the application submitted by Amanda Gray. The request is for a Mortgage Refinance totaling $860,918.77. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1958-05-30, currently resides at 8653 Smith Parkways, Jonesview, NY 13760, where they have lived for 12 months. Identity was cross-verified using the provided SSN suffix (****-5328). All communications have been directed to lisa46@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $552,813.41. The primary credit bureau returned a score of 636. This results in a calculated debt-to-income (DTI) ratio of 52.00%. A review of liquid assets shows several accounts, including a Checking account at Willis, Robinson and Allen with an average balance of $21,775.43 according to the statement dated 2025-06-20. 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 $6,294,957.32. The most recent appraisal was conducted on 2025-07-17. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.52 is a moderate concern. Credit score of 636 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 71 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. Verification of employment for the last 24 months.
</data>
{
  "loan_application_id": "LLA-2017-54441",
  "applicant_details": {
    "name": "Amanda Gray",
    "date_of_birth": "1958-05-30",
    "ssn_last_4_digits": "5328",
    "contact_info": {
      "email": "lisa46@example.org",
      "phone_number": "(417)345-8568x3139"
    },
    "residential_history": [
      {
        "address": "8653 Smith Parkways, Jonesview, NY 13760",
        "duration_months": 12,
        "is_current": true
      },
      {
        "address": "162 Gomez Mews Suite 902, Port Nicole, NH 12420",
        "duration_months": 60,
        "is_current": false
      },
      {
        "address": "080 Dean Ville, East Scott, NV 68285",
        "duration_months": 57,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 860918.77,
    "loan_type": "Mortgage_Refinance",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 6294957.32,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-07-17"
      },
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 8085666.01,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-28"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 552813.41,
    "debt_to_income_ratio": 0.52,
    "credit_score": 636,
    "bank_accounts": [
      {
        "bank_name": "Willis, Robinson and Allen",
        "account_type": "Checking",
        "average_monthly_balance_usd": 21775.43,
        "last_statement_date": "2025-06-20"
      },
      {
        "bank_name": "Reynolds, Jacobs and Johnson",
        "account_type": "Investment",
        "average_monthly_balance_usd": 46698.96,
        "last_statement_date": "2025-06-18"
      },
      {
        "bank_name": "Phillips-Thomas",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 43261.29,
        "last_statement_date": "2025-07-13"
      },
      {
        "bank_name": "Griffith, Boyd and Cobb",
        "account_type": "Savings",
        "average_monthly_balance_usd": 67053.3,
        "last_statement_date": "2025-07-05"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.52 is a moderate concern. Credit score of 636 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 71,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Receipt of updated bank statements showing sufficient closing funds.",
      "Verification of employment for the last 24 months."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-17"
}