<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-2020-14692
**Date of Review:** 2025-07-24

This report summarizes the comprehensive underwriting review for the application submitted by Jeanette Farmer. The request is for a Mortgage Refinance totaling $823,492.08. The specified purpose for the funds is: 'Foreign without professional season we.'.

**Applicant Profile & Financials:**
The applicant, born 1990-11-12, currently resides at 9718 Thornton Creek, South Dave, MO 93457, where they have lived for 66 months. Identity was cross-verified using the provided SSN suffix (****-4361). All communications have been directed to carlsonandrea@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $526,258.98. The primary credit bureau returned a score of 769. This results in a calculated debt-to-income (DTI) ratio of 19.00%. A review of liquid assets shows several accounts, including a Checking account at Miller-Terry with an average balance of $24,772.31 according to the statement dated 2025-06-19. 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 Marketable Securities with a reported value of $6,160,384.61. The most recent appraisal was conducted on 2025-06-24. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (769) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.19) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 89 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-2020-14692",
  "applicant_details": {
    "name": "Jeanette Farmer",
    "date_of_birth": "1990-11-12",
    "ssn_last_4_digits": "4361",
    "contact_info": {
      "email": "carlsonandrea@example.net",
      "phone_number": "374-513-5545x820"
    },
    "residential_history": [
      {
        "address": "9718 Thornton Creek, South Dave, MO 93457",
        "duration_months": 66,
        "is_current": true
      },
      {
        "address": "7771 Frost Haven, Johnnyport, OR 59497",
        "duration_months": 14,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 823492.08,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Foreign without professional season we.",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 6160384.61,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-24"
      },
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 8373430.92,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-05"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 526258.98,
    "debt_to_income_ratio": 0.19,
    "credit_score": 769,
    "bank_accounts": [
      {
        "bank_name": "Miller-Terry",
        "account_type": "Checking",
        "average_monthly_balance_usd": 24772.31,
        "last_statement_date": "2025-06-19"
      },
      {
        "bank_name": "Hernandez and Sons",
        "account_type": "Checking",
        "average_monthly_balance_usd": 72562.25,
        "last_statement_date": "2025-07-03"
      },
      {
        "bank_name": "Young, Reed and Ford",
        "account_type": "Savings",
        "average_monthly_balance_usd": 81104.69,
        "last_statement_date": "2025-06-29"
      },
      {
        "bank_name": "Brown, Brown and Lee",
        "account_type": "Savings",
        "average_monthly_balance_usd": 12676.73,
        "last_statement_date": "2025-07-07"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (769) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.19) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 89,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-07-24"
}