<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-1997-29972
**Date of Review:** 2025-07-17

This report summarizes the comprehensive underwriting review for the application submitted by Linda Hayes. The request is for a Mortgage Refinance totaling $220,619.64. The specified purpose for the funds is: 'Way new spend medical send movie paper trip outside once.'.

**Applicant Profile & Financials:**
The applicant, born 1991-10-04, currently resides at 1720 Rhonda Grove Suite 752, Darrenview, MT 13590, where they have lived for 38 months. Identity was cross-verified using the provided SSN suffix (****-9183). All communications have been directed to butlerstacey@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $647,877.68. The primary credit bureau returned a score of 569. This results in a calculated debt-to-income (DTI) ratio of 27.00%. A review of liquid assets shows several accounts, including a Checking account at Webb-Lee with an average balance of $97,029.04 according to the statement dated 2025-07-12. 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 Business Equipment with a reported value of $4,231,961.29. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.27 is a moderate concern. Credit score of 569 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 75 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.
</data>
{
  "loan_application_id": "LLA-1997-29972",
  "applicant_details": {
    "name": "Linda Hayes",
    "date_of_birth": "1991-10-04",
    "ssn_last_4_digits": "9183",
    "contact_info": {
      "email": "butlerstacey@example.net",
      "phone_number": "001-401-366-2723"
    },
    "residential_history": [
      {
        "address": "1720 Rhonda Grove Suite 752, Darrenview, MT 13590",
        "duration_months": 38,
        "is_current": true
      },
      {
        "address": "72097 Dylan Cliffs Suite 579, North Frank, CO 77282",
        "duration_months": 20,
        "is_current": false
      },
      {
        "address": "USCGC Bryan, FPO AE 50097",
        "duration_months": 26,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 220619.64,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Way new spend medical send movie paper trip outside once.",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 4231961.29,
        "lien_status": "Unencumbered"
      },
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 5071133.16,
        "lien_status": "Second_Lien"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 647877.68,
    "debt_to_income_ratio": 0.27,
    "credit_score": 569,
    "bank_accounts": [
      {
        "bank_name": "Webb-Lee",
        "account_type": "Checking",
        "average_monthly_balance_usd": 97029.04,
        "last_statement_date": "2025-07-12"
      },
      {
        "bank_name": "Walker LLC",
        "account_type": "Checking",
        "average_monthly_balance_usd": 91034.56,
        "last_statement_date": "2025-06-26"
      },
      {
        "bank_name": "Snyder, Rogers and Garcia",
        "account_type": "Investment",
        "average_monthly_balance_usd": 30223.88,
        "last_statement_date": "2025-07-12"
      },
      {
        "bank_name": "Thomas, Kline and Bowers",
        "account_type": "Checking",
        "average_monthly_balance_usd": 16052.8,
        "last_statement_date": "2025-06-18"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.27 is a moderate concern. Credit score of 569 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 75,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Satisfactory final appraisal report."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-17"
}