<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-2023-88168
**Date of Review:** 2025-08-07

This report summarizes the comprehensive underwriting review for the application submitted by Jonathan Hodges. The request is for a Mortgage Refinance totaling $318,238.44. The specified purpose for the funds is: 'Across new everyone old baby much.'.

**Applicant Profile & Financials:**
The applicant, born 1995-05-12, currently resides at 538 Quinn Crest Apt. 054, Byrdville, WI 61623, where they have lived for 17 months. Identity was cross-verified using the provided SSN suffix (****-1462). All communications have been directed to utran@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $691,824.34. The primary credit bureau returned a score of 628. This results in a calculated debt-to-income (DTI) ratio of 29.00%. A review of liquid assets shows several accounts, including a Savings account at Roberts-Rice with an average balance of $70,977.97 according to the statement dated 2025-07-01. 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 Marketable Securities with a reported value of $3,639,527.58. The most recent appraisal was conducted on 2025-06-02. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.29 is a moderate concern. Credit score of 628 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. Verification of employment for the last 24 months.
3. Satisfactory final appraisal report.
</data>
{
  "loan_application_id": "LLA-2023-88168",
  "applicant_details": {
    "name": "Jonathan Hodges",
    "date_of_birth": "1995-05-12",
    "ssn_last_4_digits": "1462",
    "contact_info": {
      "email": "utran@example.net",
      "phone_number": "799.307.5908"
    },
    "residential_history": [
      {
        "address": "538 Quinn Crest Apt. 054, Byrdville, WI 61623",
        "duration_months": 17,
        "is_current": true
      },
      {
        "address": "43946 Melissa Vista Suite 510, North Matthewchester, MD 98437",
        "duration_months": 50,
        "is_current": false
      },
      {
        "address": "44258 Hardin Spur, West Jenna, NJ 92832",
        "duration_months": 61,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 318238.44,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Across new everyone old baby much.",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 3639527.58,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-02"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 691824.34,
    "debt_to_income_ratio": 0.29,
    "credit_score": 628,
    "bank_accounts": [
      {
        "bank_name": "Roberts-Rice",
        "account_type": "Savings",
        "average_monthly_balance_usd": 70977.97,
        "last_statement_date": "2025-07-01"
      },
      {
        "bank_name": "Miller PLC",
        "account_type": "Checking",
        "average_monthly_balance_usd": 30698.14,
        "last_statement_date": "2025-06-20"
      },
      {
        "bank_name": "Patton, Walker and Rivers",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 87001.87,
        "last_statement_date": "2025-07-12"
      },
      {
        "bank_name": "Yang-Yates",
        "account_type": "Savings",
        "average_monthly_balance_usd": 24210.77,
        "last_statement_date": "2025-07-06"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.29 is a moderate concern. Credit score of 628 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.",
      "Verification of employment for the last 24 months.",
      "Satisfactory final appraisal report."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-07"
}