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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 the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
Lately I've Received a Few Questions from Women Who are a Little Apprehensive About Going into Another Person's Home for a Loan Signing Appointment.
Let me be the first to say: you have absolutely nothing to worry about.
There Are Many People Who Are Going to Make Money Off Every Loan Signing Appointment That Takes Place.
Why does this matter?
Because numerous people will know exactly who you are, where you are going, when you will be there, and who you will be meeting. Think about it this way... all of the individuals who are going to profit from the loan signing appointment have a significant interest in seeing that it is completed smoothly and successfully. Specifically, the people who make money on loan signings are the loan officer, the escrow officer, the processor, the real estate agent (if it is a purchase), and the signing service. These licensed professionals will know every detail of the loan signing appointment. So while you may be the only person physically there, know that there are many people in the shadows monitoring the loan signing from afar.
Another thing to keep in mind is that you're going into the home of, well, homeowners.
These people provided their address, place of work, Social Security number, and a significant amount of personal history far prior to being approved for their mortgage loan. The vetting process that the bank completes in advance of the loan signing appointment provides a level of security and assurance that people you are going to meet are responsible, credible individuals. Literally thousands of mortgage home loans get signed every single night across the country — and many of those signings are completed by women. Many of my best notary loan signing agents are women and, after over 10 years of working with them, have yet to experience any issues. While you can absolutely recommend other places to sign loan documents (such as a coffee shop or restaurant), be sure to read my blog on how to organize loan signings locations for the most comprehensive breakdown of how the scheduling process occurs. I would be remiss if I didn’t say that most loan signings occur at the borrower's home. The reason for this is quite simple: borrowers are usually available the evenings — just like you are. Which is exactly why they will more often than not request that their loan signing appointment take place at home. But as you've learned in this blog, that is in no way a cause for worry. As a Female Notary Public Loan Signing Agent Walking into a Loan Signing Appointment, You are Not Alone.
There are many people who are excited and eager to see you execute what is perhaps the most critical part of the real estate transaction process. Borrowers are closing on their home, mortgage professionals are about to make make commission money...
And so are you. If you found this information helpful, awesome! There is so much more where that came from in my five star-rated Loan Signing System online training course for notary publics. Thousands of people across the nation are using my techniques right now to make hundreds or even thousands of extra dollars every month. I'm Mark, I teach Loan Signing System, and I look forward to giving you more tools just like this to help you build a successful, efficient, and lucrative notary loan signing business today!
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
I often receive questions like the following — “Mark, I am in XYZ state. Does your loan signing agent course and certification work where I live?"
The answer is: ABSOLUTELY yes!
There are successful Loan Signing System students making money as notary loan signing agents in all 50 states right at this very moment. How is this possible? Because believe it or not, Wells Fargo, Chase, and Bank of America don't make a different set of loan documents for each state... 50 separate versions of the exact same thing would be crazy. You see, loan documents are no more than a (rather wordy) contract between the borrower and the bank. And surprisingly, these contracts are essentially the same across the nation. Are there a couple forms that differ slightly from state to state? Sure. But this shouldn't be cause for worry — because the beauty of the Loan Signing System method of walking borrowers through loan documents is that it teaches you how to go over the paperwork without having the borrower read every single line. So It Doesn't Matter Where You Live. You Can Learn How to Be a Successful Notary Signing Agent Too.
This is because Loan Signing System's unique strategy for going over loan documents and escrow documents is not limited to any single bank or state. It applies to them all.
Meaning, if you run into a form that wasn't covered in the course, you will still know how to present it to the borrower. Without ever having seen it before. So if you live in Iowa and come across a few unfamiliar items in a set loan documents from a bank in Oregon, no sweat. The approach I teach in Loan Signing System helps you make money in this industry without needing to be an expert in loan document language. And here's another helpful nugget of information... Mortgage terminology is nearly identical in every state. Whether you're in Nevada or Wyoming, a bank note is a bank note — and Loan Signing System's training includes an entire glossary of verbiage and definitions you need to know. What About the Loan Documents that DO Vary According to State?
One example of state-to-state variations in the loan signing industry is title documentation. Title companies draw forms which disclose closing costs and fees. Though these forms contain the same information nationwide, they may look different from state to state. And regardless of which one you call home, you'll need to learn how to explain those closing costs to a borrower. This is just one of the many valuable skills you'll learn in Loan Signing System's five star-rated online training.
See what I mean? Where you live doesn't have to affect your ability to execute a loan signing. The point I'm trying to make is that efficient notary loan signing agents operate according to a set of principles — principles that you can learn step-by-step while practicing with REAL loan documents when you become a Loan Signing System student. And because banks do not print 50 different versions of their loan documents, you now know that the set you'll receive in my course is very similar to the ones that are signed by hundreds of borrowers every single day in your state. Whether you're in Michigan, Texas, or Washington, it's a smart idea to get a notary loan signing agent mentor. A good industry mentor is someone who can teach you the most time-effective and professional way to go through a set of loan documents, and then how to market yourself to get repeat business from the highest-paying clients. Loan Signing System does exactly that. It provides specific, hands-on, real world training that thousands of notary loan signing agents across the nation have used to make hundreds or even thousands of extra dollars every month. And you can too — regardless of experience level or location within the United States. I'm Mark, I teach Loan Signing System, and I can teach you how to be a notary loan signing agent in your state today! |
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. 
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© 2016-2020 Loan Signing System, LLC. All rights reserved. Loan Signing System is a comprehensive step-by-step course created to help notary publics become expert loan signing agents. Loan signing agents can make $75-$200 per appointment and an appointment for a well trained loan signing agent can take about an hour.
Loan Signing System seeks to provide relevant training to help loan signing agents learn how to complete a loan signing, how to get more loan signing jobs / appointments, and how to build a loan signing service. This training is not intended as legal advice or state / federal notary public training. Check with your state to be sure that loan signing agents are utilized in the closing process. Always follow your state's notary laws and best practices. Unless explicitly stated, Loan Signing System is not sponsored by, endorsed by, or affiliated with any company referenced herein. No guarantees, promises, or warranties of any kind are being made or should be understood to be made. Results may vary. Our courses come with a 100% money-back guarantee.
Loan Signing System seeks to provide relevant training to help loan signing agents learn how to complete a loan signing, how to get more loan signing jobs / appointments, and how to build a loan signing service. This training is not intended as legal advice or state / federal notary public training. Check with your state to be sure that loan signing agents are utilized in the closing process. Always follow your state's notary laws and best practices. Unless explicitly stated, Loan Signing System is not sponsored by, endorsed by, or affiliated with any company referenced herein. No guarantees, promises, or warranties of any kind are being made or should be understood to be made. Results may vary. Our courses come with a 100% money-back guarantee.