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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 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?
It’s very simple — you stand apart from every other notary loan signing agent.
But how? How do you separate yourself from every other notary loan signing agent, especially when almost everyone in the industry has the same education? What I'm talking about here is the NNA — or, formally, the National Notary Association. The NNA is a fantastic and respected organization! They have helped more applicants become notaries than any other provider and continue to serve as a great resource for obtaining and renewing your notary commission. Think about it, though... essentially every single notary loan signing agent who takes their business seriously is NNA Certified. And therein lies the problem. If nearly every single notary signing agent is NNA Certified, boasting that qualification doesn’t set you apart or make you unique… on the contrary, it makes you just like every other notary signing agent.
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. What is an Attorney State versus Escrow State? And How Does that Impact Notary Loan Signing Agents?11/8/2019
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?
Watch the first half of my mock signing. I show you exactly what occurs when I go through a loan signing with a borrower from front to end. This full video is available as a bonus item in the Perfect Signing step-by-step video as part of my Loan Signing System Course.
The full video also includes the rest of the walk through where I reveal my 3 secrets that guarantee you a more accurate loan signing in less time. Click the button below to learn more about Loan Signing System's five star-rated online training course! |
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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Email: mark@loansigningsystem.com
Chat: Click the orange chat button to send us a question
Or Find Your Answer: Click Here to Access Our FAQ Resource Guide
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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.