<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-1979-32268
**Date of Review:** 2025-07-27

This report summarizes the comprehensive underwriting review for the application submitted by Sara Lane. The request is for a Mortgage Refinance totaling $166,650.83. The specified purpose for the funds is: 'Executive rate key season paper star born teach build use candidate.'.

**Applicant Profile & Financials:**
The applicant, born 1971-10-14, currently resides at 1804 Townsend Crossing, Leeport, TN 43262, where they have lived for 55 months. Identity was cross-verified using the provided SSN suffix (****-4571). All communications have been directed to ecarr@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $581,400.32. The primary credit bureau returned a score of 703. This results in a calculated debt-to-income (DTI) ratio of 44.00%. A review of liquid assets shows several accounts, including a Savings account at Edwards-Wright with an average balance of $83,451.99 according to the statement dated 2025-07-06. Market conditions have been stable, although we noted a slight dip in the index last Tuesday, which is considered immaterial to this assessment.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.44 is a moderate concern. Credit score of 703 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 78 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.
2. Verification of employment for the last 24 months.
3. Satisfactory final appraisal report.
</data>
{
  "loan_application_id": "LLA-1979-32268",
  "applicant_details": {
    "name": "Sara Lane",
    "date_of_birth": "1971-10-14",
    "ssn_last_4_digits": "4571",
    "contact_info": {
      "email": "ecarr@example.net",
      "phone_number": "(442)530-4513"
    },
    "residential_history": [
      {
        "address": "1804 Townsend Crossing, Leeport, TN 43262",
        "duration_months": 55,
        "is_current": true
      },
      {
        "address": "516 Tyler Hill, Lindaland, CT 57409",
        "duration_months": 18,
        "is_current": false
      },
      {
        "address": "72770 Karen Light Apt. 057, South George, PW 77747",
        "duration_months": 58,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 166650.83,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Executive rate key season paper star born teach build use candidate."
  },
  "financial_summary": {
    "annual_income_usd": 581400.32,
    "debt_to_income_ratio": 0.44,
    "credit_score": 703,
    "bank_accounts": [
      {
        "bank_name": "Edwards-Wright",
        "account_type": "Savings",
        "average_monthly_balance_usd": 83451.99,
        "last_statement_date": "2025-07-06"
      },
      {
        "bank_name": "Parker Group",
        "account_type": "Checking",
        "average_monthly_balance_usd": 79970.05,
        "last_statement_date": "2025-07-07"
      },
      {
        "bank_name": "Chambers, Moss and Henderson",
        "account_type": "Checking",
        "average_monthly_balance_usd": 52852.61,
        "last_statement_date": "2025-07-08"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.44 is a moderate concern. Credit score of 703 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 78,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property.",
      "Verification of employment for the last 24 months.",
      "Satisfactory final appraisal report."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-27"
}