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'll read yet. 

It’s very simple — you stand apart from every other notary loan signing agent.  
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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

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.  

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 (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. 
 
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