<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-2025-44616
**Date of Review:** 2025-07-14

This report summarizes the comprehensive underwriting review for the application submitted by Christopher Johnson. The request is for a Business Expansion Loan totaling $144,936.45. The specified purpose for the funds is: 'Out sister speak vote or tough traditional when.'.

**Applicant Profile & Financials:**
The applicant, born 1977-12-22, currently resides at USNS Porter, FPO AP 64175, where they have lived for 72 months. Identity was cross-verified using the provided SSN suffix (****-2070). All communications have been directed to cindypollard@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $966,049.52. The primary credit bureau returned a score of 647. This results in a calculated debt-to-income (DTI) ratio of 26.00%. A review of liquid assets shows several accounts, including a Savings account at Robinson, Wright and Gregory with an average balance of $77,612.40 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 Marketable Securities with a reported value of $1,017,274.50. The most recent appraisal was conducted on 2025-05-23. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.26 is a moderate concern. Credit score of 647 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 80 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. Receipt of updated bank statements showing sufficient closing funds.
</data>
{
  "loan_application_id": "LLA-2025-44616",
  "applicant_details": {
    "name": "Christopher Johnson",
    "date_of_birth": "1977-12-22",
    "ssn_last_4_digits": "2070",
    "contact_info": {
      "email": "cindypollard@example.com",
      "phone_number": "(664)968-0151x2638"
    },
    "residential_history": [
      {
        "address": "USNS Porter, FPO AP 64175",
        "duration_months": 72,
        "is_current": true
      },
      {
        "address": "98305 Tammy Groves Suite 214, West Jacobtown, DE 62749",
        "duration_months": 40,
        "is_current": false
      },
      {
        "address": "323 Brent Street, Elizabethfort, MN 76011",
        "duration_months": 56,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 144936.45,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Out sister speak vote or tough traditional when.",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 1017274.5,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-05-23"
      },
      {
        "asset_type": "Residential Property",
        "estimated_value": 6992071.46,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-05"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 966049.52,
    "debt_to_income_ratio": 0.26,
    "credit_score": 647,
    "bank_accounts": [
      {
        "bank_name": "Robinson, Wright and Gregory",
        "account_type": "Savings",
        "average_monthly_balance_usd": 77612.4,
        "last_statement_date": "2025-07-07"
      },
      {
        "bank_name": "Velasquez, Mccann and Ali",
        "account_type": "Savings",
        "average_monthly_balance_usd": 53083.39,
        "last_statement_date": "2025-06-22"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.26 is a moderate concern. Credit score of 647 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 80,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Satisfactory final appraisal report.",
      "Receipt of updated bank statements showing sufficient closing funds."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-14"
}