<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-1973-76901
**Date of Review:** 2025-08-03

This report summarizes the comprehensive underwriting review for the application submitted by Virginia Kramer. The request is for a Business Expansion Loan totaling $337,342.42. The specified purpose for the funds is: 'Worry vote radio want early.'.

**Applicant Profile & Financials:**
The applicant, born 1978-04-04, currently resides at 674 Kathleen Courts Apt. 894, Lake Tiffany, UT 70997, where they have lived for 55 months. Identity was cross-verified using the provided SSN suffix (****-5286). All communications have been directed to robertbates@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $618,938.95. The primary credit bureau returned a score of 709. This results in a calculated debt-to-income (DTI) ratio of 36.00%. A review of liquid assets shows several accounts, including a Money Market account at Abbott, Garcia and Dixon with an average balance of $86,150.51 according to the statement dated 2025-06-20. 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 $5,470,927.14. The most recent appraisal was conducted on 2025-06-18. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.36 is a moderate concern. Credit score of 709 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 80 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.
2. Verification of employment for the last 24 months.
</data>
{
  "loan_application_id": "LLA-1973-76901",
  "applicant_details": {
    "name": "Virginia Kramer",
    "date_of_birth": "1978-04-04",
    "ssn_last_4_digits": "5286",
    "contact_info": {
      "email": "robertbates@example.net",
      "phone_number": "845-803-1123x516"
    },
    "residential_history": [
      {
        "address": "674 Kathleen Courts Apt. 894, Lake Tiffany, UT 70997",
        "duration_months": 55,
        "is_current": true
      },
      {
        "address": "PSC 8941, Box 4284, APO AA 85998",
        "duration_months": 61,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 337342.42,
    "loan_type": "Business_Expansion_Loan",
    "loan_purpose": "Worry vote radio want early.",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 5470927.14,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-06-18"
      },
      {
        "asset_type": "Business Equipment",
        "estimated_value": 7542287.94,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-06-27"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 618938.95,
    "debt_to_income_ratio": 0.36,
    "credit_score": 709,
    "bank_accounts": [
      {
        "bank_name": "Abbott, Garcia and Dixon",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 86150.51,
        "last_statement_date": "2025-06-20"
      },
      {
        "bank_name": "Sheppard, Shaw and Porter",
        "account_type": "Savings",
        "average_monthly_balance_usd": 43150.66,
        "last_statement_date": "2025-07-07"
      },
      {
        "bank_name": "Zamora and Sons",
        "account_type": "Savings",
        "average_monthly_balance_usd": 69664.44,
        "last_statement_date": "2025-07-09"
      },
      {
        "bank_name": "Cox-Martinez",
        "account_type": "Investment",
        "average_monthly_balance_usd": 98562.36,
        "last_statement_date": "2025-07-11"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.36 is a moderate concern. Credit score of 709 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 80,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Satisfactory final appraisal report.",
      "Verification of employment for the last 24 months."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-03"
}