<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-1980-73383
**Date of Review:** 2025-07-29

This report summarizes the comprehensive underwriting review for the application submitted by Gina King. The request is for a Business Expansion Loan totaling $861,455.98. The specified purpose for the funds is: 'Part already happy type financial but return recent.'.

**Applicant Profile & Financials:**
The applicant, born 1999-08-02, currently resides at 666 Randy Neck, New Brandy, IN 38189, where they have lived for 36 months. Identity was cross-verified using the provided SSN suffix (****-8888). All communications have been directed to gutierrezteresa@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $174,147.90. The primary credit bureau returned a score of 602. This results in a calculated debt-to-income (DTI) ratio of 61.00%. A review of liquid assets shows several accounts, including a Checking account at Myers Inc with an average balance of $63,414.41 according to the statement dated 2025-06-28. Market conditions have been stable, although we noted a slight dip in the index last Tuesday, which is considered immaterial to this assessment.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.61 is a moderate concern. Credit score of 602 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 64 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.
2. Satisfactory final appraisal report.
</data>
{
  "loan_application_id": "LLA-1980-73383",
  "applicant_details": {
    "name": "Gina King",
    "date_of_birth": "1999-08-02",
    "ssn_last_4_digits": "8888",
    "contact_info": {
      "email": "gutierrezteresa@example.org",
      "phone_number": "985-241-5547"
    },
    "residential_history": [
      {
        "address": "666 Randy Neck, New Brandy, IN 38189",
        "duration_months": 36,
        "is_current": true
      },
      {
        "address": "PSC 2490, Box 0501, APO AP 26391",
        "duration_months": 65,
        "is_current": false
      },
      {
        "address": "5658 Kimberly Isle, Homouth, KY 42369",
        "duration_months": 64,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 861455.98,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Part already happy type financial but return recent."
  },
  "financial_summary": {
    "annual_income_usd": 174147.9,
    "debt_to_income_ratio": 0.61,
    "credit_score": 602,
    "bank_accounts": [
      {
        "bank_name": "Myers Inc",
        "account_type": "Checking",
        "average_monthly_balance_usd": 63414.41,
        "last_statement_date": "2025-06-28"
      },
      {
        "bank_name": "Miller, Miranda and Edwards",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 10215.31,
        "last_statement_date": "2025-07-01"
      },
      {
        "bank_name": "Ferrell Group",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 14161.75,
        "last_statement_date": "2025-06-15"
      },
      {
        "bank_name": "Morgan, Nicholson and Johnson",
        "account_type": "Savings",
        "average_monthly_balance_usd": 14716.68,
        "last_statement_date": "2025-06-25"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.61 is a moderate concern. Credit score of 602 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 64,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Verification of employment for the last 24 months.",
      "Satisfactory final appraisal report."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-29"
}