Describing Loan Documents and Answering Borrowers' Questions as a Notary Loan Signing Agent: What You Can and Can’t Say
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
A common question from notary loan signing agents is, “what can I say during a loan signing appointment... when answering the borrower’s questions, how much detail can I go into?”
This is a highly-debated subject for notary public loan signing agents.
The reason this is such a hot topic is because, first and foremost, many state laws prohibit notary publics from giving advice or performing any duties that may be construed as the practice of law — particularly as it relates to legal paperwork such as a set of loan documents.
Federal regulations aim to prevent people from giving financial advice as a mortgage originator unless they are licensed as such.
This is why you may frequently hear well-intentioned people say things like, 'by law an NSA [notary signing agent] should not be providing a description of any closing documents other than where the borrower should be signing.'
But is that comment really true?
This blog will help clarify...
I’m frequently asked by loan signing agents: How do I explain the California Per Diem Interest Disclosure form?
Nothing is worse than hearing a notary loan signing agents say there is no loan signing business out there for them.
That just isn't true!...
Escrow Officer Interview: How to Get Calls for Loan Signing Appointments and Make More Money as a Notary Signing Agent
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
Would You Like to Get More Loan Signings Directly from Escrow Officers?
In this video I interview escrow officer, Joanne, with First American Title, who reveals her secrets about what she looks for when hiring notary loan signing agents.
Watch the video interview by clicking below:
To watch the full interview and learn how to get a steady stream of the highest paying loan signings directly from escrow officers, click on the button below and get my Six Figure Loan Signing Agent Monthly Mentorship and Business Coaching today!
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
As a Notary Loan Signing Agent, You Can Get Signing Service Business or Direct Escrow Business — and There are Pros and Cons to Each.
Some notary loan signing agents stick with signing services for the sake of convenience, while others choose to bypass signing services and work directly for escrow officers, loan officers, and real estate agents.
About the Author
Mark 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.