<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-2014-96909
**Date of Review:** 2025-07-26

This report summarizes the comprehensive underwriting review for the application submitted by James Harris. The request is for a Personal Loan totaling $691,227.89. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1971-08-06, currently resides at 69955 Barber Oval, Lake Samuelview, ND 21711, where they have lived for 25 months. Identity was cross-verified using the provided SSN suffix (****-6698). All communications have been directed to yhernandez@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $721,767.65. The primary credit bureau returned a score of 731. This results in a calculated debt-to-income (DTI) ratio of 25.00%. A review of liquid assets shows several accounts, including a Checking account at Conrad, Tate and Noble with an average balance of $32,310.74 according to the statement dated 2025-07-02. 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 Residential Property with a reported value of $1,200,333.75. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (731) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.25) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 85 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-2014-96909",
  "applicant_details": {
    "name": "James Harris",
    "date_of_birth": "1971-08-06",
    "ssn_last_4_digits": "6698",
    "contact_info": {
      "email": "yhernandez@example.com",
      "phone_number": "320-779-1522x8996"
    },
    "residential_history": [
      {
        "address": "69955 Barber Oval, Lake Samuelview, ND 21711",
        "duration_months": 25,
        "is_current": true
      },
      {
        "address": "9294 John Union, Marshallland, AS 20346",
        "duration_months": 29,
        "is_current": false
      },
      {
        "address": "4757 Donald Stravenue Suite 144, North Kennethview, PW 45897",
        "duration_months": 63,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 691227.89,
    "loan_type": "Personal_Loan",
    "collateral": [
      {
        "asset_type": "Residential Property",
        "estimated_value": 1200333.75,
        "lien_status": "First_Lien"
      },
      {
        "asset_type": "Business Equipment",
        "estimated_value": 3675374.66,
        "lien_status": "First_Lien"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 721767.65,
    "debt_to_income_ratio": 0.25,
    "credit_score": 731,
    "bank_accounts": [
      {
        "bank_name": "Conrad, Tate and Noble",
        "account_type": "Checking",
        "average_monthly_balance_usd": 32310.74,
        "last_statement_date": "2025-07-02"
      },
      {
        "bank_name": "Wise Ltd",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 54419.67,
        "last_statement_date": "2025-07-04"
      },
      {
        "bank_name": "Smith, Morales and Jones",
        "account_type": "Investment",
        "average_monthly_balance_usd": 16602.53,
        "last_statement_date": "2025-07-05"
      },
      {
        "bank_name": "Pruitt and Sons",
        "account_type": "Checking",
        "average_monthly_balance_usd": 72850.55,
        "last_statement_date": "2025-06-22"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (731) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.25) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 85,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-07-26"
}