<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-2023-32897
**Date of Review:** 2025-07-24

This report summarizes the comprehensive underwriting review for the application submitted by Savannah Rogers. The request is for a Mortgage Refinance totaling $441,607.32. The specified purpose for the funds is: 'Fear set bed miss then.'.

**Applicant Profile & Financials:**
The applicant, born 1973-11-24, currently resides at 08237 Ray Lake Apt. 947, Port Brittanyview, KS 90551, where they have lived for 71 months. Identity was cross-verified using the provided SSN suffix (****-3697). All communications have been directed to cheryl75@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $453,561.02. The primary credit bureau returned a score of 619. This results in a calculated debt-to-income (DTI) ratio of 41.00%. A review of liquid assets shows several accounts, including a Investment account at Smith Inc with an average balance of $30,311.19 according to the statement dated 2025-06-27. 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 $5,905,488.64. The most recent appraisal was conducted on 2025-05-18. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.41 is a moderate concern. Credit score of 619 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 74 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. Receipt of updated bank statements showing sufficient closing funds.
</data>
{
  "loan_application_id": "LLA-2023-32897",
  "applicant_details": {
    "name": "Savannah Rogers",
    "date_of_birth": "1973-11-24",
    "ssn_last_4_digits": "3697",
    "contact_info": {
      "email": "cheryl75@example.net",
      "phone_number": "(674)597-5686x28913"
    },
    "residential_history": [
      {
        "address": "08237 Ray Lake Apt. 947, Port Brittanyview, KS 90551",
        "duration_months": 71,
        "is_current": true
      },
      {
        "address": "861 Welch Gateway Apt. 238, Christopherstad, SD 40333",
        "duration_months": 35,
        "is_current": false
      },
      {
        "address": "6913 Joshua Port, Carolynburgh, MA 49812",
        "duration_months": 51,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 441607.32,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Fear set bed miss then.",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 5905488.64,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-05-18"
      },
      {
        "asset_type": "Residential Property",
        "estimated_value": 4145247.04,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-06-29"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 453561.02,
    "debt_to_income_ratio": 0.41,
    "credit_score": 619,
    "bank_accounts": [
      {
        "bank_name": "Smith Inc",
        "account_type": "Investment",
        "average_monthly_balance_usd": 30311.19,
        "last_statement_date": "2025-06-27"
      },
      {
        "bank_name": "Martin-Adams",
        "account_type": "Checking",
        "average_monthly_balance_usd": 30761.24,
        "last_statement_date": "2025-07-08"
      },
      {
        "bank_name": "Fleming LLC",
        "account_type": "Checking",
        "average_monthly_balance_usd": 89679.98,
        "last_statement_date": "2025-07-02"
      },
      {
        "bank_name": "Thompson-Morris",
        "account_type": "Savings",
        "average_monthly_balance_usd": 17590.89,
        "last_statement_date": "2025-06-25"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.41 is a moderate concern. Credit score of 619 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 74,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Receipt of updated bank statements showing sufficient closing funds."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-24"
}