<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-2021-56702
**Date of Review:** 2025-07-20

This report summarizes the comprehensive underwriting review for the application submitted by Stephanie Trevino. The request is for a Mortgage Refinance totaling $121,849.16. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 2000-02-11, currently resides at USS Cook, FPO AA 59380, where they have lived for 69 months. Identity was cross-verified using the provided SSN suffix (****-9460). All communications have been directed to dbyrd@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $607,892.69. The primary credit bureau returned a score of 739. This results in a calculated debt-to-income (DTI) ratio of 51.00%. A review of liquid assets shows several accounts, including a Money Market account at Hansen, Blackburn and Perry with an average balance of $20,695.09 according to the statement dated 2025-06-29. 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 $5,230,799.80. The most recent appraisal was conducted on 2025-05-16. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.51 is a moderate concern. Credit score of 739 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 78 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. Satisfactory final appraisal report.
</data>
{
  "loan_application_id": "LLA-2021-56702",
  "applicant_details": {
    "name": "Stephanie Trevino",
    "date_of_birth": "2000-02-11",
    "ssn_last_4_digits": "9460",
    "contact_info": {
      "email": "dbyrd@example.org",
      "phone_number": "(490)358-9617x54975"
    },
    "residential_history": [
      {
        "address": "USS Cook, FPO AA 59380",
        "duration_months": 69,
        "is_current": true
      },
      {
        "address": "37207 Oconnell Parkways Apt. 397, Richardburgh, MI 08370",
        "duration_months": 35,
        "is_current": false
      },
      {
        "address": "613 Nicholas Summit Apt. 977, Gonzalezburgh, VT 61396",
        "duration_months": 60,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 121849.16,
    "loan_type": "Mortgage_Refinance",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 5230799.8,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-05-16"
      },
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 3612454.76,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-05-26"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 607892.69,
    "debt_to_income_ratio": 0.51,
    "credit_score": 739,
    "bank_accounts": [
      {
        "bank_name": "Hansen, Blackburn and Perry",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 20695.09,
        "last_statement_date": "2025-06-29"
      },
      {
        "bank_name": "Lee-Bradshaw",
        "account_type": "Checking",
        "average_monthly_balance_usd": 96488.09,
        "last_statement_date": "2025-07-07"
      },
      {
        "bank_name": "Ibarra, Padilla and Whitney",
        "account_type": "Savings",
        "average_monthly_balance_usd": 79688.91,
        "last_statement_date": "2025-07-07"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.51 is a moderate concern. Credit score of 739 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 78,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property.",
      "Satisfactory final appraisal report."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-20"
}