Lately, I've received a few questions from women who are a little apprehensive about going into another person’s home to do a loan signing.
Let me be the first to say: you have nothing to worry about.
First and foremost, for every loan signing that takes place, there are numerous people that will know you are at that very signing.
Understand that there are a lot of people who are going to make money off the loan and they are all interested that the signing takes place.
Specifically, the people who make money on this deal are the loan officer, the escrow officer, the processor, the real estate agent (if it is a purchase), and the signing service.
These people will know every detail of the signing appointment: when you are doing the loan signing, with whom, and where the signing will take place.
So while you may be the only person at the loan signing, there are many people in the shadows monitoring the signing from afar.
Like I said, there is nothing to worry about.
Secondly, you are going into the homes of homeowners. These people provided their address, their place of work, Social Security number, and a significant amount of history prior to being approved for their loan. The vetting that the bank does provides a level of security that these are responsible people.
Literally thousands of loans get signed every single night across the country - and many of those signings are done by women. Many of my best signing agents are women and, after over 10 years of working with them, they haven’t experienced any issues.
While you can absolutely recommend other places to sign loan docs, be sure to read my blog on how to organize loan signings locations. I would be remiss if I didn’t say that most loan signings occur at the borrowers home.
Remember, this is the best part-time income because borrowers are usually available the evenings just like you are. This is exactly why the appointment will nine-times-out-of-ten be at the borrower's home.
But as you can see, you have nothing to worry about.
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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.