<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-2014-11258
**Date of Review:** 2025-07-15

This report summarizes the comprehensive underwriting review for the application submitted by Mary Mcintosh. The request is for a Mortgage Refinance totaling $357,325.05. The specified purpose for the funds is: 'Ready matter say carry level.'.

**Applicant Profile & Financials:**
The applicant, born 1966-12-11, currently resides at 904 Karen Greens, South Paulside, AL 73162, where they have lived for 72 months. Identity was cross-verified using the provided SSN suffix (****-2309). All communications have been directed to michaelayers@example.org.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $306,080.37. The primary credit bureau returned a score of 738. This results in a calculated debt-to-income (DTI) ratio of 50.00%. A review of liquid assets shows several accounts, including a Savings account at Cooper and Sons with an average balance of $67,110.85 according to the statement dated 2025-06-24. 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 $7,814,243.75. The title search confirms its status as Unencumbered.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.5 is a moderate concern. Credit score of 738 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 78 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.
2. Satisfactory final appraisal report.
3. Receipt of updated bank statements showing sufficient closing funds.
</data>
{
  "loan_application_id": "LLA-2014-11258",
  "applicant_details": {
    "name": "Mary Mcintosh",
    "date_of_birth": "1966-12-11",
    "ssn_last_4_digits": "2309",
    "contact_info": {
      "email": "michaelayers@example.org",
      "phone_number": "8584681386"
    },
    "residential_history": [
      {
        "address": "904 Karen Greens, South Paulside, AL 73162",
        "duration_months": 72,
        "is_current": true
      },
      {
        "address": "3925 Donald Square, Lisachester, CT 65412",
        "duration_months": 51,
        "is_current": false
      },
      {
        "address": "2519 Misty Fields, Jamesbury, MA 41419",
        "duration_months": 27,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 357325.05,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Ready matter say carry level.",
    "collateral": [
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 7814243.75,
        "lien_status": "Unencumbered"
      },
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 3226746.17,
        "lien_status": "Unencumbered"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 306080.37,
    "debt_to_income_ratio": 0.5,
    "credit_score": 738,
    "bank_accounts": [
      {
        "bank_name": "Cooper and Sons",
        "account_type": "Savings",
        "average_monthly_balance_usd": 67110.85,
        "last_statement_date": "2025-06-24"
      },
      {
        "bank_name": "Marshall, Carter and Ramsey",
        "account_type": "Checking",
        "average_monthly_balance_usd": 85338.11,
        "last_statement_date": "2025-07-08"
      },
      {
        "bank_name": "Torres-Page",
        "account_type": "Savings",
        "average_monthly_balance_usd": 65354.94,
        "last_statement_date": "2025-07-06"
      },
      {
        "bank_name": "Williams LLC",
        "account_type": "Money Market",
        "average_monthly_balance_usd": 97324.21,
        "last_statement_date": "2025-06-29"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.5 is a moderate concern. Credit score of 738 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 78,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Proof of hazard insurance for the subject property.",
      "Satisfactory final appraisal report.",
      "Receipt of updated bank statements showing sufficient closing funds."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-15"
}