<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-1986-78319
**Date of Review:** 2025-07-25

This report summarizes the comprehensive underwriting review for the application submitted by Eric Burns. The request is for a Mortgage Refinance totaling $539,264.85. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1994-12-05, currently resides at 90122 Regina Extension Apt. 400, Lake Robert, DE 18101, where they have lived for 39 months. Identity was cross-verified using the provided SSN suffix (****-6634). All communications have been directed to rjones@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $870,449.99. The primary credit bureau returned a score of 843. This results in a calculated debt-to-income (DTI) ratio of 54.00%. A review of liquid assets shows several accounts, including a Money Market account at Lewis, Shepherd and Hayes with an average balance of $39,749.25 according to the statement dated 2025-07-09. 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 has strong credit history (843) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.54) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 83 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-1986-78319",
  "applicant_details": {
    "name": "Eric Burns",
    "date_of_birth": "1994-12-05",
    "ssn_last_4_digits": "6634",
    "contact_info": {
      "email": "rjones@example.org",
      "phone_number": "(992)324-7333"
    },
    "residential_history": [
      {
        "address": "90122 Regina Extension Apt. 400, Lake Robert, DE 18101",
        "duration_months": 39,
        "is_current": true
      },
      {
        "address": "23101 Michelle Run Suite 578, Porterbury, IN 68705",
        "duration_months": 70,
        "is_current": false
      },
      {
        "address": "635 Wells Harbor Suite 027, New Kristen, MI 17017",
        "duration_months": 53,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 539264.85,
    "loan_type": "Mortgage_Refinance"
  },
  "financial_summary": {
    "annual_income_usd": 870449.99,
    "debt_to_income_ratio": 0.54,
    "credit_score": 843,
    "bank_accounts": [
      {
        "bank_name": "Lewis, Shepherd and Hayes",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 39749.25,
        "last_statement_date": "2025-07-09"
      },
      {
        "bank_name": "Contreras-Park",
        "account_type": "Savings",
        "average_monthly_balance_usd": 80301.79,
        "last_statement_date": "2025-07-08"
      },
      {
        "bank_name": "Roy, Brown and Fields",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 54059.12,
        "last_statement_date": "2025-07-13"
      },
      {
        "bank_name": "Hill and Sons",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 74350.83,
        "last_statement_date": "2025-06-28"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (843) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.54) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 83,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-07-25"
}