By Mark Wills - Course Instructor of the Loan Signing System and Forbes Real Estate Council Member
I'm frequently asked: what is the secret to getting a borrower to sign loan docs at a time and location that is convenient for me and not them?
Frankly, it really isn't a secret at all. It is simply the power of suggestion. What you are about to learn is the only way I am able to fit up to seven signings into my schedule every day... What is an Attorney State versus Escrow State? And How Does that Impact Notary Loan Signing Agents?1/26/2022
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
I'm often asked, “What is the difference between an escrow state and an attorney state as it relates to notary loan signing agents?”
But before I can answer that, let’s first define the difference between an escrow state and attorney state (also known as a 'no-escrow' state).
Put simply, in an escrow state, an escrow company directs the closing of a real estate transaction. Whether it be between a buyer and seller or a lender and borrower, the escrow company is the neutral third party playing quarterback to the transaction. One of the many duties of the escrow company in a real estate transaction is choosing where to outsource various components of the closing process — including the loan document signing appointment and which notary loan signing agent to hire for it. In an attorney state, an attorney takes the place of the escrow company. It is an attorney who facilitates the closing process and either acts as the third neutral party or represents the buyer or seller. However, the main difference between the attorney and the escrow company is that a large portion of the closing process is handled in-house. So what does that mean for notary loan signing agents?...
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
How To Explain Accrued Interest: During a Loan SigningNotary Loan Signing Agent Training: What is an Escrow Account, Impound Account, and PITI?1/25/2022
By Mark Wills - Course Instructor of the Loan Signing System and Forbes Real Estate Council Member
When you’re doing a loan signing, the borrower may have questions about their impound account.
In this blog, you’ll learn the basics of what an impound account is...
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
I frequently hear people say, “I want to become a loan signing agent but I'm not a notary public.”
And to that I say, “So? What are you waiting for?”
It’s so easy to become a notary public. In most states (and by most states I mean 38 out of 50 states, it’s as easy as applying to become one. Just like you would apply for a credit card or a new job, you apply to be a notary public.
No test, nothing to study, and no course to pay for. You just submit an application. That is it.
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
If You're a Real Estate Agent, You Have the Ability to Create a Big Additional Stream of Income by Becoming a Notary Loan Signing Agent.
Why?
Because transitioning into the loan signing business is easier for you than for nearly everyone else... and since you already work in the industry, learning how to do a loan signing is a piece of cake. And even more importantly, you have easy access to the two biggest sources of loan signings: escrow officers and mortgage officers. See, it works like this... As a real estate agent, you are at the top of the real estate food chain because everyone in the industry wants to win YOUR business. Think about it — at every real estate networking event, the real estate agent is the prize attendee. Home contractors, real estate attorneys, and insurance agents perk up their ears when they find out you’re a real estate agent. But there are two professionals in specific who are dying to meet you... and those two professionals just so happen to have the ability to give you loan signing business immediately. They are escrow officers and mortgage loan officers. Why Do Escrow Officers & Loan Officers Want to Meet Real Estate Agents So Badly?
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
Packaging loan documents is hands-down the best way to make yourself stand out among other notary loan signing agents and get the highest-paying repeat business in the industry.Packaging Loan Documents Gives You a "Leg Up" on Competition
Packaging loan documents is technically the escrow officer's job. So if you can do something that takes a task off his or her plate, it will separate you from other notary loan signing agents in a really superb way.
What you're going to learn in this video and blog is an introduction to the full-length, step-by-step tutorial on how to package loan documents in my five star-rated Loan Signing System course for notary signing agents. What's the big deal about how to package loan documents, anyway?... The Loan Signing Agent's Bottom Line: How Much Can You Make in Fees as a Notary Loan Signing Agent?1/18/2022
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
Notary loan signing agents frequently ask me for tips about this simple skill that can totally revamp the way they receive business.
Packaging loan documents is hands-down the best way to get repeat loan signing business from an escrow officer.
Why?...
By Mark Wills - Course Instructor of the Loan Signing System and Forbes Real Estate Council Member, and Best-Selling Author
I frequently hear people ask, "What exactly is a signing service? And what is the difference between a signing service and a notary loan signing agent database?" |
About the AuthorMark Wills is the course instructor of the top rated Loan Signing System agent training course. He has been an active professional loan signing agent for nearly 20 years and owns a loan signing service that does thousands of signings a year. Archives
September 2023
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