<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-1983-81345
**Date of Review:** 2025-07-18

This report summarizes the comprehensive underwriting review for the application submitted by Wendy Munoz. The request is for a New Home Purchase totaling $512,036.96. The specified purpose for the funds is: 'Performance soldier follow have career hold nice community technology minute.'.

**Applicant Profile & Financials:**
The applicant, born 1978-11-30, currently resides at 375 Ronald Locks Apt. 369, Foleyberg, OK 55764, where they have lived for 51 months. Identity was cross-verified using the provided SSN suffix (****-5617). All communications have been directed to miguel40@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $462,961.91. The primary credit bureau returned a score of 781. This results in a calculated debt-to-income (DTI) ratio of 48.00%. A review of liquid assets shows several accounts, including a Savings account at Ford, Blake and Morris with an average balance of $80,241.07 according to the statement dated 2025-06-26. 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 Business Equipment with a reported value of $1,620,297.11. The most recent appraisal was conducted on 2025-08-06. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant has strong credit history (781) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.48) is well within acceptable limits. Low risk profile identified. This assessment yields a composite risk score of 81 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-1983-81345",
  "applicant_details": {
    "name": "Wendy Munoz",
    "date_of_birth": "1978-11-30",
    "ssn_last_4_digits": "5617",
    "contact_info": {
      "email": "miguel40@example.org",
      "phone_number": "987-523-8873"
    },
    "residential_history": [
      {
        "address": "375 Ronald Locks Apt. 369, Foleyberg, OK 55764",
        "duration_months": 51,
        "is_current": true
      },
      {
        "address": "495 Elizabeth Stream, New Gregory, WV 22684",
        "duration_months": 24,
        "is_current": false
      },
      {
        "address": "098 Clark Cove Apt. 631, East Brookeshire, ME 56236",
        "duration_months": 13,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 512036.96,
    "loan_type": "New_Home_Purchase",
    "loan_purpose": "Performance soldier follow have career hold nice community technology minute.",
    "collateral": [
      {
        "asset_type": "Business Equipment",
        "estimated_value": 1620297.11,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-08-06"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 462961.91,
    "debt_to_income_ratio": 0.48,
    "credit_score": 781,
    "bank_accounts": [
      {
        "bank_name": "Ford, Blake and Morris",
        "account_type": "Savings",
        "average_monthly_balance_usd": 80241.07,
        "last_statement_date": "2025-06-26"
      },
      {
        "bank_name": "Edwards, Hernandez and Jackson",
        "account_type": "Savings",
        "average_monthly_balance_usd": 46514.01,
        "last_statement_date": "2025-06-15"
      },
      {
        "bank_name": "Sandoval, Johnson and Rogers",
        "account_type": "Checking",
        "average_monthly_balance_usd": 96925.06,
        "last_statement_date": "2025-06-22"
      },
      {
        "bank_name": "Barton Group",
        "account_type": "Investment",
        "average_monthly_balance_usd": 65450.01,
        "last_statement_date": "2025-07-10"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant has strong credit history (781) and stable employment. Collateral valuation is robust. Debt-to-income ratio (0.48) is well within acceptable limits. Low risk profile identified.",
    "risk_score_out_of_100": 81,
    "recommended_action": "Approve_with_Standard_Terms"
  },
  "application_status": "Approved",
  "underwriting_date": "2025-07-18"
}