<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-1977-33501
**Date of Review:** 2025-08-11

This report summarizes the comprehensive underwriting review for the application submitted by Samuel Lewis. The request is for a Mortgage Refinance totaling $420,605.06. The specified purpose for the funds is: 'Seem number without base voice character.'.

**Applicant Profile & Financials:**
The applicant, born 1975-10-01, currently resides at 4520 Darrell Fall Apt. 997, West Amanda, WI 84953, where they have lived for 63 months. Identity was cross-verified using the provided SSN suffix (****-9745). All communications have been directed to brendafernandez@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $159,818.53. The primary credit bureau returned a score of 733. This results in a calculated debt-to-income (DTI) ratio of 47.00%. A review of liquid assets shows several accounts, including a Checking account at Brady, Morrison and Taylor with an average balance of $48,328.74 according to the statement dated 2025-06-20. 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 $2,485,169.41. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.47 is a moderate concern. Credit score of 733 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 74 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.
3. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-1977-33501",
  "applicant_details": {
    "name": "Samuel Lewis",
    "date_of_birth": "1975-10-01",
    "ssn_last_4_digits": "9745",
    "contact_info": {
      "email": "brendafernandez@example.org",
      "phone_number": "(626)452-5153"
    },
    "residential_history": [
      {
        "address": "4520 Darrell Fall Apt. 997, West Amanda, WI 84953",
        "duration_months": 63,
        "is_current": true
      },
      {
        "address": "55645 Tara Drives Apt. 579, Steelestad, MH 30139",
        "duration_months": 48,
        "is_current": false
      },
      {
        "address": "466 Christine Rapid, South Larry, GA 93085",
        "duration_months": 62,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 420605.06,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Seem number without base voice character.",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 2485169.41,
        "lien_status": "Unencumbered"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 159818.53,
    "debt_to_income_ratio": 0.47,
    "credit_score": 733,
    "bank_accounts": [
      {
        "bank_name": "Brady, Morrison and Taylor",
        "account_type": "Checking",
        "average_monthly_balance_usd": 48328.74,
        "last_statement_date": "2025-06-20"
      },
      {
        "bank_name": "Bryant Ltd",
        "account_type": "Checking",
        "average_monthly_balance_usd": 29934.45,
        "last_statement_date": "2025-06-30"
      },
      {
        "bank_name": "Wright, Jackson and Long",
        "account_type": "Savings",
        "average_monthly_balance_usd": 14123.07,
        "last_statement_date": "2025-06-23"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.47 is a moderate concern. Credit score of 733 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 74,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Verification of employment for the last 24 months.",
      "Satisfactory final appraisal report.",
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-11"
}