<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-1987-88366
**Date of Review:** 2025-07-20

This report summarizes the comprehensive underwriting review for the application submitted by Robert Ruiz. The request is for a Business Expansion Loan totaling $827,449.25. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1980-09-23, currently resides at 362 Anna Port Apt. 030, New Meredithchester, WY 57303, where they have lived for 58 months. Identity was cross-verified using the provided SSN suffix (****-5882). All communications have been directed to portermary@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $877,067.00. The primary credit bureau returned a score of 794. This results in a calculated debt-to-income (DTI) ratio of 33.00%. A review of liquid assets shows several accounts, including a Savings account at Snyder, Cox and Lowe with an average balance of $84,381.34 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 Commercial Real Estate with a reported value of $7,616,527.34. The most recent appraisal was conducted on 2025-07-11. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (794) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.33) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 86 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-1987-88366",
  "applicant_details": {
    "name": "Robert Ruiz",
    "date_of_birth": "1980-09-23",
    "ssn_last_4_digits": "5882",
    "contact_info": {
      "email": "portermary@example.org",
      "phone_number": "735-834-8271"
    },
    "residential_history": [
      {
        "address": "362 Anna Port Apt. 030, New Meredithchester, WY 57303",
        "duration_months": 58,
        "is_current": true
      },
      {
        "address": "PSC 3593, Box 3303, APO AA 92129",
        "duration_months": 20,
        "is_current": false
      },
      {
        "address": "69183 Michael Cliffs Apt. 280, New Teresa, FM 41523",
        "duration_months": 53,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 827449.25,
    "loan_type": "Business_Expansion_Loan",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 7616527.34,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-07-11"
      },
      {
        "asset_type": "Residential Property",
        "estimated_value": 3105750.49,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-08-07"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 877067.0,
    "debt_to_income_ratio": 0.33,
    "credit_score": 794,
    "bank_accounts": [
      {
        "bank_name": "Snyder, Cox and Lowe",
        "account_type": "Savings",
        "average_monthly_balance_usd": 84381.34,
        "last_statement_date": "2025-07-13"
      },
      {
        "bank_name": "Carter Group",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 69917.04,
        "last_statement_date": "2025-07-08"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (794) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.33) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 86,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-07-20"
}