I'm often asked do I really need multiple loan signing agent certifications? There are so many out there which ones do I really need?
The answer is that you only really need two.
While there is yet to be one authoritative loan signing certification the whole entire industry recognizes, there are two certifications that command respect and will give you the knowledge and skills to become a top notary public loan signing agent.
The two certifications you’ll need as a notary public loan signing agent are the National Notary Association (NNA) certification and the Loan Signing System loan signing agent certification.
The first reason you should have both is because various signing agent databases and mortgage professionals recognize these two certifications.
But most importantly they are two separate and distinct certifications that compliment each other to give you the knowledge and skills to become a top loan signing agent.
To understand why they are distinctly different and why it’s important to have both is you need to understand what both certifications are trying to teach you.
Let's start with the the NNA.
To understand what their certification is about, let’s talk about their company mission and history.
The National Notary Association was established in 1957 to provide notaries with “education, guidance, resources, tools, and advocacy.”
They collaborated with Yale Law School to create the Uniform Notary Act in 1973 that nearly every state has adopted.
The National Notary Association has five primary goals:
In a nutshell, the National Notary Association is focused on the legal and compliance aspects of becoming a notary public and, as a result, is the premier education center on how to pass your state's notary commission test and learn the laws behind becoming a loan signing agent.
And this is how the NNA approaches their signing agent training. Their certification ensures that you know all the signing agent laws. The do’s and do nots.
There was so much fraud during the real estate boom that mortgage professionals have now been more concerned about hiring fraudulent notaries.
And that is why more and more title companies require an NNA certification.
This is also the reason why the NNA couples a background check with their certification.
It’s important to note that you can pass the 40 question certification test, but if you not pass the background check, you do not become NNA certified signing agent.
That alone supports the fact that the NNA certification is aimed first and foremost to ensure that loan signing agents know the laws and aren’t fraudulent. Once again, The NNA’s concern is primarily focused on the five goals and mission stated previously - “Compliance with state laws and avoidance of liability exposure.” Which is why I encourage you to take the national Notary Association certification.
AND it's also for this same exact reason that you you need to take the Loan Signing System certification.
To certify you in what the NNA does not teach you. The Loan Signing System is the complimentary certification necessary for you to be a top producing loan signing agent.
The NNA cannot possibly teach laws and regulations AND teach you how to answer the most frequently questions borrower have, how to go through every loan document, or how to actually get loan signing business.
If they tried teaching these fundamentals, they would have to triple the size of their course. And quite frankly, teaching you how to do a perfect signing and how to get business isn't their specialty.
However, It is the Loan Signing System’s speciality.
While the NNA certification focuses on the legalities of doing loan signings, the Loan Signing focuses on teaching step-by-step on how to actually become a loan signing agent. Our only mission is to educate you on how to execute a loan signing flawlessly.
From making the appointment, to walking a borrower through an entire set of loan documents in the most efficient manner possible, to answering frequently asked questions, to getting repeat loan signings, to how to package loan documents, you will learn everything you need to know to become an expert loan signing agent.
Think about it like this, the National Notary Association will teach you the rules of the road, what you can and cannot do, and the Loan Signing System will teach you how to drive the car.
And that is why we created the Loan Signing System. A certification that tells mortgage professionals that you are an expert loan signing agent and can do a loan signing flawlessly.
Remember the five primary goals I mentioned previously that the NNA aims to achieve?
Did you notice that “Becoming a Top Loan Signing Agent” wasn’t one of them? Teaching you how to become a top loan signing agent is our only goal.
I'll wrap up with this, I tell my students all the time that loan signing agents have the potential to make as much per appointment as an attorney, a chiropractor, or a physical therapist. These are highly paid professionals that take their specialized skills and knowledge seriously.
As such, they continuously educate themselves so they can provide the best service possible to their clients and maximize their income potential. Shouldn’t you too?
Having both certifications at the minimum will make you more educated signing agent. Get the certification that will teach you how to become an expert loan signing agent!
I’m Mark and I look forward to helping you become a top loan signing agent!
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 15 years and owns a loan signing service that does thousands of signings a year.