<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-2023-42429
**Date of Review:** 2025-08-03

This report summarizes the comprehensive underwriting review for the application submitted by Willie Barry. The request is for a Business Expansion Loan totaling $794,092.73. The specified purpose for the funds is: 'Wide key with customer morning animal clearly wife individual price.'.

**Applicant Profile & Financials:**
The applicant, born 1965-01-21, currently resides at 035 Holly Ville Suite 065, New Edwinland, MH 09089, where they have lived for 51 months. Identity was cross-verified using the provided SSN suffix (****-0728). All communications have been directed to wjimenez@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $816,550.33. The primary credit bureau returned a score of 610. This results in a calculated debt-to-income (DTI) ratio of 30.00%. A review of liquid assets shows several accounts, including a Checking account at Davidson Inc with an average balance of $63,576.92 according to the statement dated 2025-06-19. 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 $4,139,489.09. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.3 is a moderate concern. Credit score of 610 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 76 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. Proof of hazard insurance for the subject property.
2. Receipt of updated bank statements showing sufficient closing funds.
3. Satisfactory final appraisal report.
</data>
{
  "loan_application_id": "LLA-2023-42429",
  "applicant_details": {
    "name": "Willie Barry",
    "date_of_birth": "1965-01-21",
    "ssn_last_4_digits": "0728",
    "contact_info": {
      "email": "wjimenez@example.org",
      "phone_number": "692.811.0369x598"
    },
    "residential_history": [
      {
        "address": "035 Holly Ville Suite 065, New Edwinland, MH 09089",
        "duration_months": 51,
        "is_current": true
      },
      {
        "address": "123 Jones Stream, Joshuabury, GA 18019",
        "duration_months": 33,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 794092.73,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Wide key with customer morning animal clearly wife individual price.",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 4139489.09,
        "lien_status": "Unencumbered"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 816550.33,
    "debt_to_income_ratio": 0.3,
    "credit_score": 610,
    "bank_accounts": [
      {
        "bank_name": "Davidson Inc",
        "account_type": "Checking",
        "average_monthly_balance_usd": 63576.92,
        "last_statement_date": "2025-06-19"
      },
      {
        "bank_name": "Torres, Hubbard and Hubbard",
        "account_type": "Checking",
        "average_monthly_balance_usd": 16938.66,
        "last_statement_date": "2025-06-23"
      },
      {
        "bank_name": "Blair PLC",
        "account_type": "Checking",
        "average_monthly_balance_usd": 39820.28,
        "last_statement_date": "2025-07-12"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.3 is a moderate concern. Credit score of 610 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 76,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property.",
      "Receipt of updated bank statements showing sufficient closing funds.",
      "Satisfactory final appraisal report."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-03"
}