Is it Safe for a Woman to Become a Notary Signing Agent and Meet in Borrowers’ Homes?
By Mark Wills - Course Instructor of the Loan Signing System, Forbes Real Estate Council Member, and Best-Selling Author
Lately I've Received a Few Questions from Women Who May Be a Little Apprehensive About Going into Another Person's Home for a Loan Signing Appointment.
Let me be the first to say: the answer is yes, but don't take my word for it!
Check out this interview with notary signing agents who have each completed loan signings in thousands of borrower's homes across the country...
You're Not Alone: 75% of Notaries are Women
Did you know that there are 4.4 million notaries across the country and at least 75% of notaries are women?...
This means that you're not alone in this industry and as a female notary, you have a lot of others who can relate to your concerns.
While safety should be a top priority, taking necessary precautions can help ensure a successful and secure appointment, it's important to remember that there are many people who are invested in every loan signing appointment that takes place.
Why does this matter?...
Because numerous people will know exactly who you are, where you are going, when you will be there, and who you will be meeting.
Think about it this way... all of the individuals who are going to profit from the loan signing appointment have a significant interest in seeing that it is completed smoothly and successfully.
Specifically, the people who make money on loan signings are the loan officer, the escrow officer, the processor, the real estate agent (if it is a purchase), and the signing service.
These licensed professionals will know every detail of the loan signing appointment.
So while you may be the only person physically there, know that there are many people in the shadows monitoring the loan signing from afar.
And when working together with these professionals, you can have peace of mind for secure atmosphere that benefits all parties involved in the notarization process.
Another thing to keep in mind when going to people's houses for a loan signing, you will be going into the homes of vetted citizens of your community.
These people provided their address, place of work, Social Security number, and a significant amount of personal history far prior to being approved for their mortgage loan. The vetting process that the bank completes in advance of the loan signing appointment provides a level of security and assurance that people you are going to meet are responsible, credible individuals.
Literally thousands of mortgage home loans get signed every single night across the country — and many of those signings are completed by women. Many of my best notary loan signing agents are women and, after over 10 years of working with them, have yet to experience any issues.
While you can absolutely recommend other places to sign loan documents (such as a coffee shop or restaurant), be sure to read my blog on how to organize loan signings locations for the most comprehensive breakdown of how the scheduling process occurs. But most loan signings do occur at the borrower's home.
The reason for this is quite simple: borrowers are usually available the evenings — just like you are. Which is exactly why they will more often than not request that their loan signing appointment take place at home.
But as you've learned in this blog, that is in no way a cause for worry.
The Advantages of Being a Notary: Build a Successful Career
Pursuing a career as a notary public offers flexibility and the potential for a stable income in a high-demand profession.
By taking the necessary precautions and employ best practices, the benefits of being a female notary can significantly outweigh the very rare potential risks.
Leverage the supportive community, resources, and safety measures in place to create a fulfilling and secure career and lean on other female notaries who have been in the business for years.
Remember, with the right mindset and approach, you can navigate potential safety issues while enjoying the many advantages that come with being a notary public.
There are many people who are excited and eager to see you execute what is perhaps the most critical part of the real estate transaction process. Borrowers are closing on their home, mortgage professionals are about to make make commission money...
And so are you.