<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-1995-26656
**Date of Review:** 2025-08-09

This report summarizes the comprehensive underwriting review for the application submitted by Jared Murphy. The request is for a Mortgage Refinance totaling $733,828.90. The specified purpose for the funds is: 'Yes right subject born much than statement.'.

**Applicant Profile & Financials:**
The applicant, born 1982-01-22, currently resides at 240 Mike Burg Suite 005, North Isaiah, MN 73425, where they have lived for 33 months. Identity was cross-verified using the provided SSN suffix (****-0786). All communications have been directed to martincasey@example.net.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $736,110.12. The primary credit bureau returned a score of 604. This results in a calculated debt-to-income (DTI) ratio of 27.00%. A review of liquid assets shows several accounts, including a Investment account at Robinson, Walker and Davis with an average balance of $74,782.79 according to the statement dated 2025-07-04. 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 $6,887,545.47. The most recent appraisal was conducted on 2025-05-28. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.27 is a moderate concern. Credit score of 604 is acceptable. Recommend approval subject to verification of liquid assets. This assessment yields a composite risk score of 77 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. Receipt of updated bank statements showing sufficient closing funds.
2. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-1995-26656",
  "applicant_details": {
    "name": "Jared Murphy",
    "date_of_birth": "1982-01-22",
    "ssn_last_4_digits": "0786",
    "contact_info": {
      "email": "martincasey@example.net",
      "phone_number": "001-629-824-3383x043"
    },
    "residential_history": [
      {
        "address": "240 Mike Burg Suite 005, North Isaiah, MN 73425",
        "duration_months": 33,
        "is_current": true
      },
      {
        "address": "36468 Richard Neck, New Christopher, KS 79246",
        "duration_months": 53,
        "is_current": false
      },
      {
        "address": "0909 Evelyn Meadows, Lake Karen, AS 69309",
        "duration_months": 59,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 733828.9,
    "loan_type": "Mortgage_Refinance",
    "loan_purpose": "Yes right subject born much than statement.",
    "collateral": [
      {
        "asset_type": "Residential Property",
        "estimated_value": 6887545.47,
        "lien_status": "First_Lien",
        "appraisal_date": "2025-05-28"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 736110.12,
    "debt_to_income_ratio": 0.27,
    "credit_score": 604,
    "bank_accounts": [
      {
        "bank_name": "Robinson, Walker and Davis",
        "account_type": "Investment",
        "average_monthly_balance_usd": 74782.79,
        "last_statement_date": "2025-07-04"
      },
      {
        "bank_name": "Nguyen, Jackson and Spencer",
        "account_type": "Checking",
        "average_monthly_balance_usd": 49635.58,
        "last_statement_date": "2025-07-12"
      },
      {
        "bank_name": "Hernandez, Boyd and Anderson",
        "account_type": "Savings",
        "average_monthly_balance_usd": 34889.64,
        "last_statement_date": "2025-07-09"
      },
      {
        "bank_name": "Smith PLC",
        "account_type": "Checking",
        "average_monthly_balance_usd": 40863.68,
        "last_statement_date": "2025-06-22"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.27 is a moderate concern. Credit score of 604 is acceptable. Recommend approval subject to verification of liquid assets.",
    "risk_score_out_of_100": 77,
    "recommended_action": "Approve_with_Conditions",
    "conditions_for_approval": [
      "Receipt of updated bank statements showing sufficient closing funds.",
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-08-09"
}