LOAN SIGNING AGENT COURSE
  • Homepage
  • FREE RESOURCES
    • Get FREE Training
    • Is LSS right for you?
    • 9 Reasons to Be a Signing Agent
    • Income Calculator Tool
    • Get the Best Selling Book
    • How to Become a Notary Public
    • How to Set Up a Mobile Office
    • How to Make More Money This Year
    • Avoid Common Signing Agent Mistakes
    • Snapdocs Interview
    • Bigger Pockets Real Estate Podcast >
      • Side Hustle Nation Podcast - Brian Schooley >
        • Side Hustle Nation Podcast
      • spi
  • Get the Training Course
    • Compare LSS Courses
    • Get the Six Figure Course
    • National Conference
  • Reviews & Testimonials
    • Testimonials
    • Signing Agent Interviews
  • Blog
  • Student Login

How Much a Notary Public Loan Signing Agent Can Make Per Month

11/25/2019

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

I'm frequently asked, "how much do part-time loan signing agents and full-time notary loan signing agents make on a monthly basis?"


The Loan Signing Agent "Side-Hustle"

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. 

Signing Agents Make $75 to $200 per Appointment

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.
​
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.

Click to Get Free Signing Agent Training

Earn Hundreds or Thousands of Extra Income Part-Time

In my opinion, a part-time signing agent can do five signings a week working between 10 and 15 hours a week including the appointment and driving time. At $100 a file, that is $500 a week or roughly $2200 a month. 

Keep in mind, we are using the lower end of the fee scale in this example. If you are getting direct business from escrow offices, you would take home $50 more per appointment, or approximately an extra $1,000 more a month. So a signing agent that gets business directly from escrow offices would make about $3250 dollars a month working ten to fifteen hours a week. 

Six Figure Income Potential

Now, let's talk about the income of a full-time notary signing agent. We’ll continue to use the $100 fee per file in our calculation. In my opinion, a full-time notary signing agent can do fifteen signings per week working roughly 40 to 45 hours a week including appointment and drive time. 

Completing fifteen signings a week at $100 per file is roughly $1500 a week or roughly $6500 a month or $78,000 a year.

If you are a signing agent that gets direct business, you would make an additional $50 per file which would add $39,000 more a year for the exact same work. More specifically, if you completed 15 signing jobs per week at $150 per assignment, you would make $117,000 a year.

Notary Loan Signing Agent Income: Simple Math

Picture

Big Income Potential, No College Degree Required

To put the potential notary loan signing agent income into perspective, the median per capita income according the the US Census is a little over $37,000! 

Signing agents have the potential to surpass that income doing a handful of signings each week! 

Additionally, the earning potential for signing agents could be a six-figure income! 


What other business in the country can you have the potential to make six-figures working 40 hours a week WITHOUT a college degree? Not 50 hours a week. Not 60 hours a week. But 40 hours a week.

As a notary loan signing agent, you operate as a 1099 - independent contractor and can take advantage of the many beneficial self-employment tax laws. Meaning you can potentially take home more income a year versus a W-2 employee where 30% to 40% of your paycheck can go towards taxes and other employee related costs. 

The Best-Kept Secret in Real Estate

As you can see, being a notary loan signing agent is the best kept secret in the real estate industry: You can make great money, start part-time, have the potential to grow your income to a six-figure business, and do it all without needing a college degree.

In conclusion, a part-time notary making $100 a file makes roughly $2,200 a month and a full-time signing agent that makes $100 a file makes $6,500 a month. And if you learn how to get business directly from escrow officers, mortgage officers, and real estate agents you can give yourself a 50% raise.
​
Now you can see the importance of learning how to get escrow business directly. You can go from making $6500 to over $9700 just by learning to get business from a different source. 

If you want to learn how you can start building your income as a notary signing agent, I can teach you the exact steps to making part-time or full-time income as a successful notary public loan signing agent.

Click the link below to learn more about the signing agent training that has helped thousands of people from coast to coast.
Get the Loan Signing System Notary Signing Agent Training Course and Make More Money

Learn More About Loan Signing System:

See actual Stories from signing agents
Make Money as a Notary Signing Agent Best Selling Book
Bigger Pockets Real Estate Podcast
    Get the Loan Signing System Notary Signing Agent Training Course and Make More Money
    Picture

    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 20 years and owns a loan signing service that does thousands of signings a year.

    Loan Signing System is the Nation's premier notary public loan signing agent training course and is the only signing agent course that is an education partner of the American Escrow Association! 

    Mark is a Forbes Real Estate Council member. ​

    Picture

    RSS Feed

    FREE Resources

    Archives

    November 2019
    October 2019
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018

Call us, chat, or email me with any questions! 9AM to 5PM Pacific 
Click here to email us
Or call: 
(619)878-3431 
Picture
Loan Signing System LLC BBB Business Review
Picture

© 2016-2019 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 and to get more loan signing jobs / appointments. 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. 
Home       Contact Us      Privacy Policy    Guarantee    Terms of Service  FAQ  Courses
  • Homepage
  • FREE RESOURCES
    • Get FREE Training
    • Is LSS right for you?
    • 9 Reasons to Be a Signing Agent
    • Income Calculator Tool
    • Get the Best Selling Book
    • How to Become a Notary Public
    • How to Set Up a Mobile Office
    • How to Make More Money This Year
    • Avoid Common Signing Agent Mistakes
    • Snapdocs Interview
    • Bigger Pockets Real Estate Podcast >
      • Side Hustle Nation Podcast - Brian Schooley >
        • Side Hustle Nation Podcast
      • spi
  • Get the Training Course
    • Compare LSS Courses
    • Get the Six Figure Course
    • National Conference
  • Reviews & Testimonials
    • Testimonials
    • Signing Agent Interviews
  • Blog
  • Student Login