Packaging loan documents is hands-down the best way to get repeat loan signing business from an escrow officer.
Because packaging is technically the escrow officer's job, NOT the notary loan signing agent's job. And it is for this specific reason that so many signing agents simply don't do it.
But here's the thing...
If a loan signing agent can do something that takes a task off the escrow officer's plate, it will separate him or her from other notary loan signing agents in an exceptional way.
Think about it from the escrow officer's point of view: a notary loan signing agent who knows how to package loan documents is a valuable, time-saving asset... it only makes sense to choose that agent for future loan signing appointments again and again.
And remember, loan signing jobs that come directly from escrow officers (and not signing services) typically pay $150-$200 per hour-long appointment.
So, What Does It Mean to 'Package' Loan Documents?
And what makes it such a big deal?
These are great questions.
Packaging is the act of breaking down a set of loan documents after they have been signed by the borrower(s), taking copies of the necessary pages therein, and creating separate piles (or 'packages') for the title company, the escrow company, and the bank, according to what they need for their respective files.
Or, put simply, it means making sure that the proper documents get to where they need to go in order for the loan to fund on time.
Like I mentioned above, this needs to happen after each and every loan signing appointment anyway... whether it is completed by the escrow officer or the notary loan signing agent doesn't matter.
However, what makes packaging so valuable (and what can also make it tough to learn) is the fact that it takes precious time and requires you to have a basic understanding of the mortgage transaction process.
If a Signing Agent is Having Trouble Getting Clients at a Local Title Company or Escrow Officer, it's Likely Because He or She Doesn't Know How to Package Loan Documents
And learning on your own from scratch can be frustrating, especially when you know that this skill has the ability to open up new doors to direct sources of loan signing business.
But not to worry.
Loan Signing System's online course for notary public loan signing agents makes packaging easy!
It's five star-rated training includes an entire module dedicated to packaging and how you can leverage this straightforward (yet profitable) skill to get repeat, high-paying appointments directly from mortgage professionals who often pay $150-$200 per loan signing job.
You will learn step-by-step — regardless of experience level — how to walk a borrower through a set of loan documents and then, most importantly, how to market that skill to get the highest-paying, consistent business in the industry... all under a 30 day, risk-free money back guarantee.
Click on the link below to get started today!
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.