<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-2002-47665
**Date of Review:** 2025-07-24

This report summarizes the comprehensive underwriting review for the application submitted by Kaitlyn Mccarty. The request is for a Business Expansion Loan totaling $614,845.34. The specified purpose for the funds is: 'Red expect fine figure commercial seat now together thank perform.'.

**Applicant Profile & Financials:**
The applicant, born 1999-03-02, currently resides at 1974 Victoria Plaza Suite 903, Lake Alexandria, DC 56139, where they have lived for 61 months. Identity was cross-verified using the provided SSN suffix (****-9563). All communications have been directed to stevensbrandon@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $889,205.84. The primary credit bureau returned a score of 849. This results in a calculated debt-to-income (DTI) ratio of 50.00%. A review of liquid assets shows several accounts, including a Checking account at Castro-Wiley with an average balance of $68,921.03 according to the statement dated 2025-06-16. 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 $3,206,841.38. The most recent appraisal was conducted on 2025-07-08. The title search confirms its status as Second_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (849) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.5) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 84 out of 100.
**Final Decision:** Based on the factors outlined, the recommended action is **Approve with Standard Terms**. The system status for this application has been updated to 'Approved'.
</data>
{
  "loan_application_id": "LLA-2002-47665",
  "applicant_details": {
    "name": "Kaitlyn Mccarty",
    "date_of_birth": "1999-03-02",
    "ssn_last_4_digits": "9563",
    "contact_info": {
      "email": "stevensbrandon@example.org",
      "phone_number": "554.953.0980x1879"
    },
    "residential_history": [
      {
        "address": "1974 Victoria Plaza Suite 903, Lake Alexandria, DC 56139",
        "duration_months": 61,
        "is_current": true
      },
      {
        "address": "44497 Steven Villages Apt. 754, North Robertmouth, MI 49666",
        "duration_months": 67,
        "is_current": false
      },
      {
        "address": "PSC 6475, Box 2178, APO AE 52091",
        "duration_months": 18,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 614845.34,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Red expect fine figure commercial seat now together thank perform.",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 3206841.38,
        "lien_status": "Second_Lien",
        "appraisal_date": "2025-07-08"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 889205.84,
    "debt_to_income_ratio": 0.5,
    "credit_score": 849,
    "bank_accounts": [
      {
        "bank_name": "Castro-Wiley",
        "account_type": "Checking",
        "average_monthly_balance_usd": 68921.03,
        "last_statement_date": "2025-06-16"
      },
      {
        "bank_name": "Jones-Harding",
        "account_type": "Savings",
        "average_monthly_balance_usd": 19778.37,
        "last_statement_date": "2025-06-20"
      },
      {
        "bank_name": "Macias-Cox",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 33701.75,
        "last_statement_date": "2025-06-28"
      },
      {
        "bank_name": "Anderson and Sons",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 77846.09,
        "last_statement_date": "2025-07-05"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (849) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.5) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 84,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-07-24"
}