I'm always asked, “Mark, how come banks, escrow officers, or title companies do not simply do their own signings in-house and save the borrower the $150 signing fee? Why do notary signing agents even exist?”
What Other Loan Signing Courses and Certifications WON'T Teach You: How to Get Loan Signings Directly from Escrow Offices
I’m frequently asked, “Mark, how do I bypass signing services and get loan signings directly from escrow officers, mortgage officers, and real estate agents?”
Some notary loan signing agents absolutely love signing services and databases. The idea of prospecting for business terrifies them. Being in a database like Snapdocs or 123 Notary means that they simply get a phone call or text directly to their cell phone and a signing appointment falls in their lap. They are beyond happy to split the signing fee for this very reason.
Then there are other signing agents who wish they knew how to bypass signing services and get signings directly from the source: escrow officers, mortgage officers, and real estate agents.
They would much rather put in a little effort up front so they can make $125 to $200 per loan signing instead of splitting the fee with the middleman and making only $100 or less for the same exact work.
Have you ever wondered why signing agent training courses do not teach signing agents how to market yourself directly to the source of loan signings? How come there isn't one certification that teaches you how to get signings directly from escrow officers, mortgage officers or real estate agents?
Lately, I've received a few questions from women who are a little apprehensive about going into another person’s home to do a loan signing.
Let me be the first to say: you have nothing to worry about.
First and foremost, for every loan signing that takes place, there are numerous people that will know you are at that very signing.
Understand that there are a lot of people who are going to make money off the loan and they are all interested that the signing takes place.
Specifically, the people who make money on this deal are the loan officer, the escrow officer, the processor, the real estate agent (if it is a purchase), and the signing service.
These people will know every detail of the signing appointment: when you are doing the loan signing, with whom, and where the signing will take place.
So while you may be the only person at the loan signing, there are many people in the shadows monitoring the signing from afar.
Like I said, there is nothing to worry about.
Secondly, you are going into the homes of homeowners. These people provided their address, their place of work, Social Security number, and a significant amount of history prior to being approved for their loan. The vetting that the bank does provides a level of security that these are responsible people.
Literally thousands of loans get signed every single night across the country - and many of those signings are done by women. Many of my best signing agents are women and, after over 10 years of working with them, they haven’t experienced any issues.
While you can absolutely recommend other places to sign loan docs, be sure to read my blog on how to organize loan signings locations. I would be remiss if I didn’t say that most loan signings occur at the borrowers home.
Remember, this is the best part-time income because borrowers are usually available the evenings just like you are. This is exactly why the appointment will nine-times-out-of-ten be at the borrower's home.
But as you can see, you have nothing to worry about.
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And if making $75 to $200 per-appointment as a loan signing agent interests you, take my five star rated course, the Loan Signing System.
I'm Mark, I teach the Loan Signing System, and I look forward to helping you make great money as a loan signing agent!
I'm often asked, “Mark, I am in XYZ state. Does your loan signing agent course and certification work there?"
The answer is: absolutely yes.
Believe it or not, Wells Fargo, Chase, and Bank of America do not make 50 different sets of loan documents for each state in the country. That would be crazy.
I teach a system to walk a borrower through a set of loan documents, which is no more than a contract between the borrower and the bank.
And surprisingly, these contracts are essentially the same across the nation. Are there a couple documents that are different from state to state? Sure. But what I teach you is how to go over loan documents without the borrower having to read every single line. That is the beauty of my course - the Loan Signing System.
My system teaches you, no matter what state you live in, how to go over loans documents and escrow documents in an efficient manner. So, if you run into a form or two that I may not have covered, you will still know how to walk a borrower through the form without having to be an expert at that particular type of document. That’ one of the primary techniques in the Loan Signing System.
Needless to say, mortgage verbiage and terminology is identical state to state. Whether you live in Nevada or Wyoming, a bank note is a bank note. The Loan Signing System has an entire glossary of loan terms for you to learn from.
Now, the only thing that may be a little different state to state is escrow/title docs. But no matter what state you're in, the title company needs to disclose the closing cost and fees. So while the closing cost sheet may look different from state to state, no matter where you're located you’ll need to learn how to explain closing cost to a borrower. That’s one of the many skills you’ll learn in the Loan Signing System.
I teach principles. Do I teach you these principles while going over loan documents that are printed from one state? Yes. But you’ll find that because banks are not printing 50 different loan documents for each state, the loan docs that give you in my course will be very similar to loan docs you will have in your state.
Whether you are in Michigan, Texas, or Washington, you’ll need a mentor to teach you how to go through a set of loan documents, how to market yourself, and how to get repeat business from the highest paying clients. You’ll need a set of real loan documents to study. You need someone to teach you to how to do the process flawlessly.
That's me. I can teach you how to do a loan signing without any experience and if you are experienced, I can teach you how cut your signing to a fraction of the time.
I back that up with my no-risk money back guarantee.
I'm Mark, I teach the Loan Signing System, and I look forward to teaching you how to become a top loan signing agent.
Click on the link below to get started today!
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.