<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-1992-24585
**Date of Review:** 2025-07-23

This report summarizes the comprehensive underwriting review for the application submitted by Melissa Tran. The request is for a Business Expansion Loan totaling $209,296.63. The specified purpose for the funds is: 'Party occur citizen establish since against at.'.

**Applicant Profile & Financials:**
The applicant, born 1990-04-27, currently resides at 523 Rodriguez Extension Suite 045, Jennifertown, CA 01205, where they have lived for 61 months. Identity was cross-verified using the provided SSN suffix (****-7028). All communications have been directed to mayashley@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $967,358.30. The primary credit bureau returned a score of 612. This results in a calculated debt-to-income (DTI) ratio of 64.00%. A review of liquid assets shows several accounts, including a Investment account at Stewart, Weaver and Berry with an average balance of $61,481.57 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 Commercial Real Estate with a reported value of $7,575,656.69. The most recent appraisal was conducted on 2025-06-28. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.64 is a moderate concern. Credit score of 612 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. Satisfactory final appraisal report.
2. Proof of hazard insurance for the subject property.
3. Receipt of updated bank statements showing sufficient closing funds.
</data>
{
  "loan_application_id": "LLA-1992-24585",
  "applicant_details": {
    "name": "Melissa Tran",
    "date_of_birth": "1990-04-27",
    "ssn_last_4_digits": "7028",
    "contact_info": {
      "email": "mayashley@example.com",
      "phone_number": "+1-951-812-0768x5579"
    },
    "residential_history": [
      {
        "address": "523 Rodriguez Extension Suite 045, Jennifertown, CA 01205",
        "duration_months": 61,
        "is_current": true
      },
      {
        "address": "07842 Arias Lodge Apt. 083, West Lindsay, MO 28469",
        "duration_months": 41,
        "is_current": false
      },
      {
        "address": "980 Katie Inlet, Port Michael, MS 46764",
        "duration_months": 16,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 209296.63,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Party occur citizen establish since against at.",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 7575656.69,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-28"
      },
      {
        "asset_type": "Business Equipment",
        "estimated_value": 2479433.3,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-07-28"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 967358.3,
    "debt_to_income_ratio": 0.64,
    "credit_score": 612,
    "bank_accounts": [
      {
        "bank_name": "Stewart, Weaver and Berry",
        "account_type": "Investment",
        "average_monthly_balance_usd": 61481.57,
        "last_statement_date": "2025-07-07"
      },
      {
        "bank_name": "Brown Group",
        "account_type": "Savings",
        "average_monthly_balance_usd": 38148.29,
        "last_statement_date": "2025-06-25"
      },
      {
        "bank_name": "Crawford, Kirby and Olson",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 31191.11,
        "last_statement_date": "2025-06-21"
      },
      {
        "bank_name": "Ruiz-Morris",
        "account_type": "Investment",
        "average_monthly_balance_usd": 47476.73,
        "last_statement_date": "2025-06-15"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.64 is a moderate concern. Credit score of 612 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 66,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Satisfactory final appraisal report.",
      "Proof of hazard insurance for the subject property.",
      "Receipt of updated bank statements showing sufficient closing funds."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-23"
}