<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-1991-86203
**Date of Review:** 2025-07-28

This report summarizes the comprehensive underwriting review for the application submitted by Christopher Hamilton. The request is for a Business Expansion Loan totaling $525,884.58. No specific purpose was detailed in the application's optional section.

**Applicant Profile & Financials:**
The applicant, born 1968-03-31, currently resides at 410 Karen Walk, Michellemouth, OR 93377, where they have lived for 69 months. Identity was cross-verified using the provided SSN suffix (****-4797). All communications have been directed to hannahrowe@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $860,684.62. The primary credit bureau returned a score of 642. This results in a calculated debt-to-income (DTI) ratio of 52.00%. A review of liquid assets shows several accounts, including a Investment account at Hayes Inc with an average balance of $14,314.77 according to the statement dated 2025-07-10. 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 $8,881,091.73. The most recent appraisal was conducted on 2025-08-03. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.52 is a moderate concern. Credit score of 642 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 72 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. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-1991-86203",
  "applicant_details": {
    "name": "Christopher Hamilton",
    "date_of_birth": "1968-03-31",
    "ssn_last_4_digits": "4797",
    "contact_info": {
      "email": "hannahrowe@example.org",
      "phone_number": "278.568.4926"
    },
    "residential_history": [
      {
        "address": "410 Karen Walk, Michellemouth, OR 93377",
        "duration_months": 69,
        "is_current": true
      },
      {
        "address": "65540 Curtis Prairie, East Christopher, ID 19367",
        "duration_months": 51,
        "is_current": false
      },
      {
        "address": "07814 Hanson Hill Suite 416, East Melissa, RI 96152",
        "duration_months": 57,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 525884.58,
    "loan_type": "Business_Expansion_Loan",
    "collateral": [
      {
        "asset_type": "Marketable Securities",
        "estimated_value": 8881091.73,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-08-03"
      },
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 9588961.62,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-08-09"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 860684.62,
    "debt_to_income_ratio": 0.52,
    "credit_score": 642,
    "bank_accounts": [
      {
        "bank_name": "Hayes Inc",
        "account_type": "Investment",
        "average_monthly_balance_usd": 14314.77,
        "last_statement_date": "2025-07-10"
      },
      {
        "bank_name": "Stone PLC",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 61781.71,
        "last_statement_date": "2025-07-08"
      },
      {
        "bank_name": "Bennett Ltd",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 20731.95,
        "last_statement_date": "2025-06-27"
      },
      {
        "bank_name": "Morris, Parsons and Anderson",
        "account_type": "Savings",
        "average_monthly_balance_usd": 57708.49,
        "last_statement_date": "2025-06-24"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.52 is a moderate concern. Credit score of 642 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 72,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-28"
}