1. TERESA S. MARGITA
(678) 923-2173
OBJECTIVE:
To obtain a position that will utilize my education, banking, mortgage, customer service, and management
experience; with the underlying result being the enhancement of the employing organization.
PROFESSIONAL EXPERIENCE:
Security National Mortgage – Remote
July 25, 2016 to Current
Senior DE Mortgage Underwriter
• Underwrite Conventional, FHA and FHA Bond Loans.
• Underwrite for both Retail and Wholesale divisions
• Assist Processors with any questions that may arise during processing.
• Review loans once all conditions are received for a clear to close.
• Maintain a high quality on all files
• Review and Approve Appraisals
• Work in the Encompass system.
• Assist with Scenarios
Regions Bank- Gainesville, GA
April 1, 2013 to July 15, 2016
Senior DE Mortgage Underwriter
• Underwrite Conventional, Portfolio, USDA, FHA and FHA Bond Loan.
• Approve, Decline and Suspend loans
• Assist Processors with any questions that may arise during processing
• Review loans again once processed to clear conditions and issue full Approval
• Maintain a high quality on all file
• Maintain Suspend Pipeline
BB&T – Sarasota Office
May 2011 to March 30, 2013
Mortgage Processor III
• Review files prior to submission to Underwriting department
• Request any documentation from the borrower and/or third parties to ensure a clean approval with limited conditions
• Process FHA, VA, Bond, Conventional, Construction, and USDA loans for both Florida and North Carolina loan officers
• Maintain an active pipeline of 100+ files
• Keep the loan officer and borrowers current on loan status
Regions Bank- Downtown Sarasota Office
January 1, 2010 to May 2011- Left due to Corporate Downsizing
May 5, 2009 to December 31, 2009 through Randstad Staffing
Mortgage Processor
• Process FHA, VA, and Bond loans once the Underwriter has reviewed the file
• Request any needed documentation from borrower and/or third parties to meet the Underwriter’s conditions
• Review and underwrite any conventional loans with a loan amount up to $417,000
• Keep all loan officers, borrowers, and realtors current on loan status

2. Regions Bank
December 2005 to 3/31/2008 (Due to Corporate Downsizing)
Mortgage Processing Team Lead
• Assist the sales staff by knowing the current banking products available to their customers
• Assist loan officers by advising them of any additional products available to their clients
• Coordinate program changes that would benefit the clients
• Ensure a timely closing
• Coordinate the closing of the borrower equity line, if applicable
• Monitor compliance and pipelines reports daily
• Meet with new loan officers and assist them with our banking systems
• Review all files prior to assigning the loan to a Processor for any compliance errors
• Train loan officers on finding solutions to problems they encounter
• Review files prior to submission to the Underwriting department to ensure a quick turn time
• Handle client service issues that arise while performing the mortgage process
• Assist in clearing any post-closing issues discovered in an audit to ensure loan will be insured/sold
Financial Resources Group/WCI Mortgage
March 2004 to December 2005
Mortgage Processor
• Responsible for reviewing all loans prior to submission to the Underwriting department
• Order appraisal, title, flood, insurance, credit supplements, and any other applicable documentation needed for the closing
• Review file, make necessary changes, and obtain any documentation needed for submission to the Underwriting department
This includes:
o Running automated underwriting
o Submitting the file to the Underwriting department
o Issuing a commitment letter once approved
o Obtaining all conditions and ensuring the loan is clear to close
Closer
• Responsible for preparing closing packages for all investors (all types of loan programs)
• Issue checks and order wires.
Flagship Mortgage Banc, Inc.
September 2001 – March 2004
Mortgage Processor
• Responsible for reviewing government and conventional loans
• Submit file to the Underwriting department
• Clear all conditions
• Ensure the loan is cleared to close
• Order insurance, title, appraisal, flood and any other applicable documentation needed to meet closing deadline
Closer
• Responsible for closing government and conventional loans
• Ensure all of the Underwriter’s required documentation is in the file prior to closing
• Prepare all documents for closing
• Order MI insurance if needed
• Pay FHA and VA fees
• Ensure all documents are signed and dated once the package is returned
Post Closing Coordinator
• Responsible for shipping and funding a minimum of six million dollars worth of loans per month (prior to lock expiration)
• Audit all conventional, government, and bond loans

3. • Ensure FHA loans and guarantee VA and Rural Housing loans
• Provide customer service to the investor throughout the process