<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-1990-95709
**Date of Review:** 2025-07-24

This report summarizes the comprehensive underwriting review for the application submitted by Matthew James. The request is for a New Home Purchase totaling $593,935.49. The specified purpose for the funds is: 'Party share store than trouble.'.

**Applicant Profile & Financials:**
The applicant, born 1998-05-21, currently resides at 72529 Coleman Point Suite 679, Garciaberg, PR 87939, where they have lived for 51 months. Identity was cross-verified using the provided SSN suffix (****-5149). All communications have been directed to obowers@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $779,651.27. The primary credit bureau returned a score of 609. This results in a calculated debt-to-income (DTI) ratio of 28.00%. A review of liquid assets shows several accounts, including a Money Market account at Boyer-Duffy with an average balance of $78,672.26 according to the statement dated 2025-07-13. 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 Residential Property with a reported value of $4,729,528.74. The most recent appraisal was conducted on 2025-07-30. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.28 is a moderate concern. Credit score of 609 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 77 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. Verification of employment for the last 24 months.
</data>
{
  "loan_application_id": "LLA-1990-95709",
  "applicant_details": {
    "name": "Matthew James",
    "date_of_birth": "1998-05-21",
    "ssn_last_4_digits": "5149",
    "contact_info": {
      "email": "obowers@example.org",
      "phone_number": "(280)479-5958x5077"
    },
    "residential_history": [
      {
        "address": "72529 Coleman Point Suite 679, Garciaberg, PR 87939",
        "duration_months": 51,
        "is_current": true
      },
      {
        "address": "931 Krystal Lock, West Lindsay, AS 78827",
        "duration_months": 59,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 593935.49,
    "loan_type": "New_Home_Purchase",
    "loan_purpose": "Party share store than trouble.",
    "collateral": [
      {
        "asset_type": "Residential Property",
        "estimated_value": 4729528.74,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-07-30"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 779651.27,
    "debt_to_income_ratio": 0.28,
    "credit_score": 609,
    "bank_accounts": [
      {
        "bank_name": "Boyer-Duffy",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 78672.26,
        "last_statement_date": "2025-07-13"
      },
      {
        "bank_name": "Carlson and Sons",
        "account_type": "Checking",
        "average_monthly_balance_usd": 59559.25,
        "last_statement_date": "2025-07-10"
      },
      {
        "bank_name": "Hill, Baker and Dean",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 25196.91,
        "last_statement_date": "2025-06-25"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.28 is a moderate concern. Credit score of 609 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 77,
    "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.",
      "Verification of employment for the last 24 months."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-24"
}