|
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
Would you like to be the #1 choice when someone is looking to fill a loan signing job so you can make more money as a notary loan signing agent?
If so, this may be the most important blog you'll read yet.
So, what exactly is the key to making more money as a notary loan signing agent?
By Mark Wills - Course Instructor of the Loan Signing System and Forbes Real Estate Council Member, and Best Selling Author
I'm often asked, “Mark, what’s the one tip you can give a notary public loan signing agent that will significantly grow their loan signing business?”
And the answer is actually funny... because the biggest tip I can give to grow your loan signing agent business has nothing to do specifically with being a notary loan signing agent at all.
The most important for growing your signing agent business is to show gratitude.
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
I'm always asked, “Mark, why don't banks, escrow officers, or title companies simply do their own loan signings in-house and save the borrower the $150 signing fee? Why do notary signing agents even exist?”
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author
I am frequently asked why notary loan signing agents are paid anywhere between $75 and $200 per hour-long appointment.
What is a Notary Public Loan Signing Agent?
A notary public loan signing agent is a notary public who walks a borrower through a set of loan documents when they purchase or refinance their home. A loan signing agent ensures that the borrower has filled out their mortgage paperwork properly — making certain each document is signed, dated, or notarized appropriately.
And here's the best part... As a loan signing agent, you don't get paid an annual, monthly, or hourly salary, you get paid (typically between $75 and $200) for each loan signing appointment (or job) you complete. And with the right training, it usually takes about an hour to walk through the documents with a borrower from start to finish. Boom. Job done.
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
There are numerous ways to get loan signings — whether that be through signing services, escrow offices, title offices, mortgage officers, or real estate agents.
Of all these, however, the best source to get loans signings for notary signing agents is escrow officers.
And there are numerous reasons why...
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
Becoming a notary loan signing agent is the perfect part-time gig because most of the appointments occur in the evenings and on weekends — around your existing work schedule.
I want to take a moment to explain why that is...
Why Do Most Loan Signing Jobs Occur on Weekends and in the Evenings?
The answer is actually quite simple.
The reason most loan signings are scheduled for weekends and evenings is because banks lend to people who have jobs.
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
Errors and Omissions Insurance, also known as E&O Insurance, is liability coverage that is created to protect the notary loan signing agent’s personal and professional assets if a mistake is made during the notarial process that causes the client to suffer financial loss.Why Would You as Notary Public Loan Signing Agent Need Errors and Omissions Insurance if You Don't Plan on Making Mistakes?
This is a great (and incredibly valid) question, especially because notary public loan signing agents take their business, professionalism, and attention to detail very seriously in this industry.
So allow me to explain. The first thing to understand is that loan signing agents are first and foremost, notary publics — and as such, can be held personally liable for the full amount of damages caused by any wrongdoing that happens. Whether that wrongdoing is intentional or not. As a notary public loan signing agent, there are a lot of mistakes that can be made accidentally. Frankly, it's why we get paid so much money. However, if you are found liable for a mistake that occurs during a loan signing appointment, you will need to pay whatever the judgment dictates as well as the legal fees needed to defend yourself. This is why there is Errors and Omissions Insurance — also called E&O Insurance.
One of the biggest time-wasters in any loan signing appointment is when a borrower:
The technique that I'm going to share with you in this blog allows the borrower to get comfortably familiar with the information in the loan documents AND makes sure the loan signing agent continues to build the credibility needed to control the pace of the appointment... |
Archives
May 2023
|
- Homepage
- Courses
- Events
- Testimonials
-
FREE RESOURCES
- Get FREE Training
- 9 Reasons to Be a Signing Agent
- How To Become a Successful Signing Agent in 9 Steps
- How to Become a Notary Public
- Is This Right For You?
- Signing Service Owners Hire Notary Public Signing Agents
- Set Up a Google Business Profile for Notaries
- Four Ways to Get Signing Agent Business
- What is Remote Online Notarization RON?
- How to Get More Notary Jobs: FREE NNA Training
- How to Get More Notary Jobs
- How to Make More Money This Year
- LSS Signing Service Database
- Avoid Common Signing Agent Mistakes
- What Are Tax Deductions?
- Notary Hacks - Episode 1 >
- Notary Public Success Groups And Meetup Network
- Maximize Your Notary Tax Deductions
- Snapdocs Interview
-
Notary Training
-
12 Ways to Make Money as a Notary
>
- Remote Online Notarization - Income Potential
- Apostille Agent - Income Potential
- Field Inspector - Income Potential
- Wedding Officiant - Income Potential
- Process Serving - Income Potential
- Permit Runner - Income Potential
- Estate Planning Notarizations - Income Potential
- Advanced Health Care Notarizations - Income Potential
- Mobile Fingerprinting - Income Potential
- Correctional Facilities Notarizations - Income Potential
- I-9 Verification
- Best Kept Secret for Notary Income
- Complete Notary Mentorship
-
12 Ways to Make Money as a Notary
>
- Blog and More!
- Student Login
- FAQ
- Homepage
- Courses
- Events
- Testimonials
-
FREE RESOURCES
- Get FREE Training
- 9 Reasons to Be a Signing Agent
- How To Become a Successful Signing Agent in 9 Steps
- How to Become a Notary Public
- Is This Right For You?
- Signing Service Owners Hire Notary Public Signing Agents
- Set Up a Google Business Profile for Notaries
- Four Ways to Get Signing Agent Business
- What is Remote Online Notarization RON?
- How to Get More Notary Jobs: FREE NNA Training
- How to Get More Notary Jobs
- How to Make More Money This Year
- LSS Signing Service Database
- Avoid Common Signing Agent Mistakes
- What Are Tax Deductions?
- Notary Hacks - Episode 1 >
- Notary Public Success Groups And Meetup Network
- Maximize Your Notary Tax Deductions
- Snapdocs Interview
-
Notary Training
-
12 Ways to Make Money as a Notary
>
- Remote Online Notarization - Income Potential
- Apostille Agent - Income Potential
- Field Inspector - Income Potential
- Wedding Officiant - Income Potential
- Process Serving - Income Potential
- Permit Runner - Income Potential
- Estate Planning Notarizations - Income Potential
- Advanced Health Care Notarizations - Income Potential
- Mobile Fingerprinting - Income Potential
- Correctional Facilities Notarizations - Income Potential
- I-9 Verification
- Best Kept Secret for Notary Income
- Complete Notary Mentorship
-
12 Ways to Make Money as a Notary
>
- Blog and More!
- Student Login
- FAQ
