<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-2003-41594
**Date of Review:** 2025-07-18

This report summarizes the comprehensive underwriting review for the application submitted by James Gregory. The request is for a Business Expansion Loan totaling $326,651.51. The specified purpose for the funds is: 'Contain low entire occur study raise staff six hot.'.

**Applicant Profile & Financials:**
The applicant, born 1979-02-10, currently resides at 3342 Cohen Mews Suite 612, Caseyfort, GU 93558, where they have lived for 19 months. Identity was cross-verified using the provided SSN suffix (****-6741). All communications have been directed to gregorymccormick@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $943,163.26. The primary credit bureau returned a score of 766. This results in a calculated debt-to-income (DTI) ratio of 34.00%. A review of liquid assets shows several accounts, including a Money Market account at Jones, Perry and Rosales with an average balance of $95,046.26 according to the statement dated 2025-06-14. 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 $2,993,959.29. The most recent appraisal was conducted on 2025-07-18. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (766) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.34) 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-2003-41594",
  "applicant_details": {
    "name": "James Gregory",
    "date_of_birth": "1979-02-10",
    "ssn_last_4_digits": "6741",
    "contact_info": {
      "email": "gregorymccormick@example.com",
      "phone_number": "788-621-5391x810"
    },
    "residential_history": [
      {
        "address": "3342 Cohen Mews Suite 612, Caseyfort, GU 93558",
        "duration_months": 19,
        "is_current": true
      },
      {
        "address": "8317 Michael Road Suite 248, Griffinport, NC 82454",
        "duration_months": 64,
        "is_current": false
      },
      {
        "address": "Unit 3871 Box 6917, DPO AA 27153",
        "duration_months": 26,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 326651.51,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Contain low entire occur study raise staff six hot.",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 2993959.29,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-07-18"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 943163.26,
    "debt_to_income_ratio": 0.34,
    "credit_score": 766,
    "bank_accounts": [
      {
        "bank_name": "Jones, Perry and Rosales",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 95046.26,
        "last_statement_date": "2025-06-14"
      },
      {
        "bank_name": "Mullins-Weiss",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 90115.78,
        "last_statement_date": "2025-06-26"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (766) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.34) 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": "2025-07-18"
}