Prepare for Loan Signing Certification Exam Many of the ...

1 Prepare for loan Signing Certification Exam many of the best earn over $50k per year Written By: Joan Bergstrom Public Certified loan Signing Agent Daniel Jones, Ed, Notary Public N ot ar y Loa n Si g n i n g A g en t Cou rse This guide includes: Notary Law Refresher The Essentials of loan Signing Effective Marketing as a loan Signer Negotiating your Fees Guaranteeing You Get Paid Samples of Common loan Package Documents Useful Tips for New and Experienced loan Signers Written by: Joan Bergstrom, Notary Public Certified loan Signing Agent Daniel Jones, , Notary Public Rev 1/3/2018 1 TABLE OF CONTENTS Chapter 1 What Is A Mobile Notary loan Signing Agent?

2 3 Chapter 2 Are you a knowledgeable notary? 5 Chapter 3 Notary Business 101 29 Chapter 4 Marketing your services 46 Chapter 5 Complete a loan Signing error-free 54 Chapter 6 Types of documents in a typical loan package 65 Chapter 7 Presenting the documents 67 Email Signature Option For Your Email Address 79 Facsimile transmission sheet 80 Listing of Companies to contact 81 Invoice Sample 85 loan Documents 86 Loose California Acknowledgment 135 Loose California Jurat 136 Journal Pages 137 2 Chapter 1 What Is A Mobile Notary loan Signing Agent? If you have ever purchased a real estate property or refinanced a home, chances are you have used the services of a mobile Notary loan Signing Agent.

3 Every new home loan , refinance, home equity line of credit, reverse mortgage or recorded property transfer, requires signatures on these documents to be notarized. Think about that for a minute; within any given day there are many thousands of loans closed or properties successfully transferred within any given state. Most of these documents require signatures to be notarized and the result is that far more notary services are needed than these industries can provide in-house with employee notaries public. Consequently, those industries initiating mortgage loans and property transfers have a need for notary public services in virtually every metropolitan area which has created a significant business opportunity for those entrepreneurs who are commissioned as a notaries public within their particular state.

4 If you are that entrepreneur notary public looking for ways to capture that market, this book is for you. The purpose of notarizing signatures is to ensure that a third party who is impartial to the document follows a proper protocol and procedure in identifying the signer as well as ensuring that legislative controls guiding that Signing event have been satisfied at the time of notarization. The overall purpose is to provide a significant level of protection for the public by helping to minimize the potential of fraud through standardizing identity claims and Signing procedures.

5 Indeed, there is a specialized industry of notaries public who travel to homes and offices or similar locations specifically for the purposes of notarizing signatures on these types of documents. These professionals are called Mobile Notary loan Signing Agents or more commonly known as, Notary Signing Agents or loan Signers . It is not uncommon for a notary who is certified to notate the acronym NSA for Notary Signing Agent on their business cards and also indicate the Certification or Certification acronyms. For example, the Certification from this course permits you to use the APN & CSA designation which stands for our own designation called Association of Professional Notaries and Certified Signing Agents.

6 While some lending institutions or escrow companies use their own employees as in-house notaries, most of these employees would need to be diverted from other professional duties to provide these services which can be disruptive to the normal business flow, especially if there is a lot of frequent notary work. Sometimes it is very inconvenient for a signer to go to the that place of business for Signing and sometimes even impossible if, for example, the Signing would need to occur out of state. For these reasons and many more, mobile notaries are have stepped in to make these signings easier for everyone.

7 Mobile Notary loan Signing Agents provide Signing services, which result in increased business opportunities for the lending institution, attorneys, a title company, banks and so on since the time-3 consuming job of notarizing the many loan documents or property transfer documents generated from that business can be completed outside of that local business, even hundreds of miles away. A simple phone call from the lender to a mobile notary to schedule the Signing can be the convenient answer for everyone involved and hopefully, after reading this book, the chances of you being on the other end of that phone number will have improved dramatically!

8 A notary loan Signing Agent is a commissioned notary public who receives specialized training or education in the process of notarizing the signatures of the parties agreeing to the terms outlined specifically in Real Estate loan agreements and associated documents. As loan Signing Agents, our primary function is to attend to the client during the final phases of the loan Signing process at either their home, their business, or a location of the lender s or client s choosing. Since the loan Signing Agent is often the only face-to-face contact the borrower makes during the entire process, the lender is very concerned that the one who actually obtains the all-important signatures on these documents is both knowledgeable and professional with every client, every time!

9 The right presentation and impression is vitally important to all lenders. You will want to make your best presentation through your professional appearance and your confident knowledge! This means that even though the Notary loan Signing Agent is not directly involved in the loan transaction, clearly they must have an advanced level of knowledge concerning the various forms and their uses. Sometimes a notary specializing as a Signing agent is erroneously referred to as a closing agent but we are not closing agents. A closing agent prepares and certifies the signed and notarized documents which are then returned to the lender, usually an employee from an escrow or title company, typically the settlement agent.

10 The closing agent disburses the loan proceeds and is licensed and commissioned by the Department of Corporations. As a loan Signing Agent, you will want to become very familiar with the loan Signing process before you offer your services to potential clients. In the sections to follow, we will help you to increase your knowledge of everything from important notary laws to effective marketing techniques, as well as understanding a variety of loan documents as we help you to meet your own goals. 4 Chapter 2 Are You A Knowledgeable Notary?