<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-1984-55845
**Date of Review:** 2025-07-18

This report summarizes the comprehensive underwriting review for the application submitted by Patrick Fleming. The request is for a New Home Purchase totaling $153,158.86. The specified purpose for the funds is: 'New production believe quickly nor.'.

**Applicant Profile & Financials:**
The applicant, born 1957-10-28, currently resides at 068 Fernandez Viaduct Suite 041, Wardfort, CT 95567, where they have lived for 29 months. Identity was cross-verified using the provided SSN suffix (****-5597). All communications have been directed to jkerr@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $500,204.67. The primary credit bureau returned a score of 740. 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 Davis, Nguyen and Schneider with an average balance of $32,763.78 according to the statement dated 2025-06-22. 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 $1,351,351.66. The most recent appraisal was conducted on 2025-06-12. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (740) 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 87 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-1984-55845",
  "applicant_details": {
    "name": "Patrick Fleming",
    "date_of_birth": "1957-10-28",
    "ssn_last_4_digits": "5597",
    "contact_info": {
      "email": "jkerr@example.com",
      "phone_number": "+1-981-275-6655"
    },
    "residential_history": [
      {
        "address": "068 Fernandez Viaduct Suite 041, Wardfort, CT 95567",
        "duration_months": 29,
        "is_current": true
      },
      {
        "address": "683 Burton Walk, West Martin, HI 26521",
        "duration_months": 24,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 153158.86,
    "loan_type": "New_Home_Purchase",
    "loan_purpose": "New production believe quickly nor.",
    "collateral": [
      {
        "asset_type": "Residential Property",
        "estimated_value": 1351351.66,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-12"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 500204.67,
    "debt_to_income_ratio": 0.19,
    "credit_score": 740,
    "bank_accounts": [
      {
        "bank_name": "Davis, Nguyen and Schneider",
        "account_type": "Checking",
        "average_monthly_balance_usd": 32763.78,
        "last_statement_date": "2025-06-22"
      },
      {
        "bank_name": "Marshall-Brown",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 45419.75,
        "last_statement_date": "2025-06-27"
      },
      {
        "bank_name": "Franco, Cervantes and Hall",
        "account_type": "Checking",
        "average_monthly_balance_usd": 17513.49,
        "last_statement_date": "2025-06-19"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (740) 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": 87,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-07-18"
}