What is a Notary Loan Signing Agent?
A commissioned Notary Public that has taken additional training to provide "specialized" document services to the real estate loan industry.
A Loan Signing Agent is also known as:
Only a trained Notary Loan Signing Agent will know how to execute the complexity of a loan signing. Which includes but is not limited to; proper processing, packaging and executing a loan signing. The duties of a Professionally trained Notary Public Signing Agent is to ensure the end goal: The Loan To Fund!
It is industry standard that require additional training before a "Notary" will be considered as an independent contractor to provide Loan Signing Services.
Because there is so much riding on the funding of a loan, 99% of all lenders will not use a Notary Public that has no formal training.
In a Notary Training course the individual is trained how to properly notarize documents to the specifications of their state. However the Notary Trainers are not allowed to provide any specific training in the field of loan documents.
Understanding the role of the Notary Public -vs- Loan Signing Agent is crucial.
Considering a set of loan documents can be 80-100 pieces of paper requiring signatures, initials etc, only about 5-10 will require notarization, this of course all depends on the lender. However as you can see at least 75% of the package will require training that is not provided in a notary courses.
A Notary Public Loan Signing Agent is hired as an independent contractor to ensure that real estate loan documents are executed by the borrower, notarized, and returned for processing and funding.
Take your PRIVATE ONE-ON-ONE IN PERSON COURSE. Signing Course at our Irvine, or Wildomar, or Corona California Corporate location. Or we can schedule one of our Certified Instructors to come to you.
Online Training - Includes "1" LIVE WEB COURSE with Certified Instructor
$450