By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author

We all know that becoming a loan signing agent is one of the best part-time income opportunities. 

Being a loan signing agent as your "side hustle" allows you to start part-time with no experience, work your own hours, and make great money!

In fact, Joshua Dorkin, the CEO of Bigger Pockets (the most downloaded real estate podcast in America) said "this is one of the better side hustles" he has seen in the real estate industry. 

But how much money can you make per month as a part-time loan signing agent? And if you wanted to go full-time, what is your income potential? This blog will answer those questions for you. 

The monthly potential income for a notary loan signing agent varies significantly depending on how you get your loan signing appointments. To learn more about this, check out another blog that explains the difference, but to summarize - loan signing agents who typically get loan signing appointments offered to them automatically through loan signing services are paid between $75 and $125 per signing job.
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Signing agents who primarily get loan signing appointments directly from escrow offices earn much more -  between $125 and $200 per signing job.

Read my blog on the differences between the two ways of getting business.

To understand the income potential of being a loan signing agent, let’s assume that the average fee you would get if you received assignments from signing services is $100 per signing and $150 per signing if you get business directly from escrow offices.

By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author

If so, this may be the most important blog you've read yet. 

It’s simple, you stand apart from every other signing agent.  
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And how do you separate yourself from everyone else? Especially when everyone in the industry has the same exact education?

Yes, it’s true…think about it… essentially every single signing agent who takes their business seriously is NNA Signing Agent Certified.

And, therein lies the very problem.

If essentially every single signing agent is NNA Signing Agent Certified, being NNA educated and certified doesn’t set you apart or make you unique… it makes you just like every other signing agent.

By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author

This is one of the most debated topics for notary signing agents.

The reason this is such a hot topic is, first and foremost, most 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 documents such as a set of loan documents.

Federal regulations do not want people crossing the line into giving financial advice as a mortgage originator unless they are licensed as such.

That’s why you may frequently see well-intentioned people say things like, “by law an NSA should not be providing a description of any closing documents other than where they should be signing.”

But is that comment really true? This blog will help shed some light.  

By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author

But before I can answer that, let’s first define the difference between an escrow state and attorney state or also known as a no-escrow state. 

Frankly, there are probably more complex answers than the one you're about to hear, but I'm going to make it simple as it relates to being a notary loan signing agent. 

In an escrow state, an escrow company directs the closing of a real estate transaction. Whether that be between a buyer and seller or a lender and borrower, the escrow company is the third neutral party playing quarterback to the transaction.

​Since the escrow company controls many factors of the closing, the escrow company chooses who they outsource various aspects of the closing process (including the loan document signing process and which notary signing agent to use). 

In an attorney state, an attorney facilitates the closing and either acts as the third neutral party or represents the buyer or seller. However what really differentiates the attorney from the escrow company is that a large portion of the closing process is handled in-house.

So what does that mean for notary 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 my Perfect Signing step-by-step video course. 

The full video includes the rest of the walk through where I reveal my 3 secrets to guarantee you a more accurate loan signing in less time. 
 
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