<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-2008-51347
**Date of Review:** 2025-07-16

This report summarizes the comprehensive underwriting review for the application submitted by Timothy Wells. The request is for a New Home Purchase totaling $967,853.77. The specified purpose for the funds is: 'First official expect impact deep follow.'.

**Applicant Profile & Financials:**
The applicant, born 1989-06-29, currently resides at 4673 Sexton Manors Suite 368, South Lisamouth, MN 96111, where they have lived for 36 months. Identity was cross-verified using the provided SSN suffix (****-7814). All communications have been directed to ehiggins@example.com.
The applicant's financial standing was evaluated based on submitted documentation. The reported annual income is $616,733.27. The primary credit bureau returned a score of 596. This results in a calculated debt-to-income (DTI) ratio of 16.00%. A review of liquid assets shows several accounts, including a Savings account at Elliott, Jones and Kim with an average balance of $27,268.66 according to the statement dated 2025-06-16. 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 $8,180,648.58. The title search confirms its status as First_Lien.

**Risk Evaluation & Recommendation:**
Internal Memo: Applicant profile is generally positive, but the DTI of 0.16 is a moderate concern. Credit score of 596 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. Proof of hazard insurance for the subject property.
</data>
{
  "loan_application_id": "LLA-2008-51347",
  "applicant_details": {
    "name": "Timothy Wells",
    "date_of_birth": "1989-06-29",
    "ssn_last_4_digits": "7814",
    "contact_info": {
      "email": "ehiggins@example.com",
      "phone_number": "(672)680-9425"
    },
    "residential_history": [
      {
        "address": "4673 Sexton Manors Suite 368, South Lisamouth, MN 96111",
        "duration_months": 36,
        "is_current": true
      },
      {
        "address": "6628 Melvin Harbors, Arnoldmouth, TN 10255",
        "duration_months": 33,
        "is_current": false
      },
      {
        "address": "23922 Michael Estates Apt. 159, Pennyview, AR 30911",
        "duration_months": 65,
        "is_current": false
      }
    ]
  },
  "loan_request": {
    "amount_requested": 967853.77,
    "loan_type": "New_Home_Purchase",
    "loan_purpose": "First official expect impact deep follow.",
    "collateral": [
      {
        "asset_type": "Residential Property",
        "estimated_value": 8180648.58,
        "lien_status": "First_Lien"
      },
      {
        "asset_type": "Commercial Real Estate",
        "estimated_value": 7943434.0,
        "lien_status": "Unencumbered",
        "appraisal_date": "2025-06-02"
      }
    ]
  },
  "financial_summary": {
    "annual_income_usd": 616733.27,
    "debt_to_income_ratio": 0.16,
    "credit_score": 596,
    "bank_accounts": [
      {
        "bank_name": "Elliott, Jones and Kim",
        "account_type": "Savings",
        "average_monthly_balance_usd": 27268.66,
        "last_statement_date": "2025-06-16"
      },
      {
        "bank_name": "Wagner Inc",
        "account_type": "Checking",
        "average_monthly_balance_usd": 33690.57,
        "last_statement_date": "2025-06-27"
      },
      {
        "bank_name": "Castillo and Sons",
        "account_type": "Checking",
        "average_monthly_balance_usd": 49889.29,
        "last_statement_date": "2025-06-19"
      },
      {
        "bank_name": "Gould, Peterson and Wilson",
        "account_type": "Checking",
        "average_monthly_balance_usd": 32496.83,
        "last_statement_date": "2025-07-08"
      }
    ]
  },
  "risk_assessment": {
    "underwriter_notes": "Applicant profile is generally positive, but the DTI of 0.16 is a moderate concern. Credit score of 596 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.",
      "Proof of hazard insurance for the subject property."
    ]
  },
  "application_status": "Pending_Conditions",
  "underwriting_date": "2025-07-16"
}