<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-2019-25848
**Date of Review:** 2025-07-18

This report summarizes the comprehensive underwriting review for the application submitted by Brittney Stout. The request is for a Mortgage Refinance totaling $510,501.71. The specified purpose for the funds is: 'Song difficult happen sell medical challenge subject marriage whether strong.'.

**Applicant Profile & Financials:**
The applicant, born 1967-11-22, currently resides at 03763 Cain Drive Suite 237, Michaelshire, SC 46942, where they have lived for 20 months. Identity was cross-verified using the provided SSN suffix (****-5080). All communications have been directed to leahcochran@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $902,391.89. The primary credit bureau returned a score of 644. This results in a calculated debt-to-income (DTI) ratio of 52.00%. A review of liquid assets shows several accounts, including a Savings account at Palmer LLC with an average balance of $74,695.27 according to the statement dated 2025-06-22. 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 Commercial Real Estate with a reported value of $6,282,961.95. The most recent appraisal was conducted on 2025-07-13. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.52 is a moderate concern. Credit score of 644 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 72 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. Verification of employment for the last 24 months.
</data>
{
  "loan_application_id": "LLA-2019-25848",
  "applicant_details": {
    "name": "Brittney Stout",
    "date_of_birth": "1967-11-22",
    "ssn_last_4_digits": "5080",
    "contact_info": {
      "email": "leahcochran@example.org",
      "phone_number": "001-999-981-4963x469"
    },
    "residential_history": [
      {
        "address": "03763 Cain Drive Suite 237, Michaelshire, SC 46942",
        "duration_months": 20,
        "is_current": true
      },
      {
        "address": "552 Todd Views Apt. 898, Brookeberg, MA 82176",
        "duration_months": 70,
        "is_current": false
      },
      {
        "address": "8524 Parks Park Suite 996, South Stephanieview, TN 35513",
        "duration_months": 17,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 510501.71,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Song difficult happen sell medical challenge subject marriage whether strong.",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 6282961.95,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-07-13"
      },
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 4644957.2,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-08"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 902391.89,
    "debt_to_income_ratio": 0.52,
    "credit_score": 644,
    "bank_accounts": [
      {
        "bank_name": "Palmer LLC",
        "account_type": "Savings",
        "average_monthly_balance_usd": 74695.27,
        "last_statement_date": "2025-06-22"
      },
      {
        "bank_name": "Campbell LLC",
        "account_type": "Savings",
        "average_monthly_balance_usd": 20790.24,
        "last_statement_date": "2025-06-14"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.52 is a moderate concern. Credit score of 644 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 72,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Verification of employment for the last 24 months."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-18"
}