<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-1989-19923
**Date of Review:** 2025-07-30

This report summarizes the comprehensive underwriting review for the application submitted by Michael Simmons. The request is for a Personal Loan totaling $404,751.58. The specified purpose for the funds is: 'Thousand example ever nearly somebody resource require card.'.

**Applicant Profile & Financials:**
The applicant, born 1978-07-29, currently resides at 04754 Marshall Pass, Cruzfurt, VA 97957, where they have lived for 57 months. Identity was cross-verified using the provided SSN suffix (****-2709). All communications have been directed to mcclainrobert@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $688,824.14. The primary credit bureau returned a score of 606. This results in a calculated debt-to-income (DTI) ratio of 54.00%. A review of liquid assets shows several accounts, including a Money Market account at Evans-Herrera with an average balance of $42,970.97 according to the statement dated 2025-06-22. 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 $3,824,055.17. The most recent appraisal was conducted on 2025-06-29. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.54 is a moderate concern. Credit score of 606 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 69 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. Satisfactory final appraisal report.
</data>
{
  "loan_application_id": "LLA-1989-19923",
  "applicant_details": {
    "name": "Michael Simmons",
    "date_of_birth": "1978-07-29",
    "ssn_last_4_digits": "2709",
    "contact_info": {
      "email": "mcclainrobert@example.com",
      "phone_number": "317-929-4660x07434"
    },
    "residential_history": [
      {
        "address": "04754 Marshall Pass, Cruzfurt, VA 97957",
        "duration_months": 57,
        "is_current": true
      },
      {
        "address": "PSC 0381, Box 5529, APO AE 50224",
        "duration_months": 17,
        "is_current": false
      },
      {
        "address": "67349 Wolf Mills Suite 052, North Jesseburgh, MN 52052",
        "duration_months": 32,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 404751.58,
    "loan_type": "Personal_Loan",
    "loan_purpose": "Thousand example ever nearly somebody resource require card.",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 3824055.17,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-06-29"
      },
      {
        "asset_type": "Business Equipment",
        "estimated_value": 8049510.63,
        "lien_status": "First_Lien"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 688824.14,
    "debt_to_income_ratio": 0.54,
    "credit_score": 606,
    "bank_accounts": [
      {
        "bank_name": "Evans-Herrera",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 42970.97,
        "last_statement_date": "2025-06-22"
      },
      {
        "bank_name": "Banks-Wilson",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 30845.52,
        "last_statement_date": "2025-07-04"
      },
      {
        "bank_name": "Chapman PLC",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 11245.11,
        "last_statement_date": "2025-06-30"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.54 is a moderate concern. Credit score of 606 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 69,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Satisfactory final appraisal report."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-30"
}