The Federal Government is instituting several policies designed to minimize the impact of an expected recession. 

How An Uncertain or Bad Economy Can Affect Loan Signing Agents

Are you wondering how to make money in a recession as a notary public?

​Discover what a potential recession, the Federal Funds Rate target going to ZERO, and the $700 billion+ quantitative easing program could mean for the real estate industry and for you as a notary public loan signing agent. 
​​Updated 02/09/2022​
By Mark Wills - Course Instructor of Loan Signing System, Forbes Real Estate Council Member, and Best Selling Author 

Would you like to know if you can still can get loan signing jobs during a recession? ​

Are you wondering how a slowing economy can affect your notary signing agent business? 

To put it simply...  in a bad economy, interest rates are a key factor to recovery… lower interest rates equal more home refinancings… and more home refinancings means more loan signing appointments. 

Lowering interest rates is the government’s primary way to ensure the economy continues and strengthens through any downturn or recession.

The lending industry is one of the unique industries that the government prioritizes and is first to be strengthened as the economy takes a turn and starts to contract. 

Why?

Because the cheaper money is to borrow, the more people spend thus driving the economy back upward. 

Lower Interest Rates Can Drive the Economy Forward

The lower mortgage interest rates are, the more people will refinance their homes, which can lower their payments and give them extra cash to spend. 

This gives people more disposable income to spend on things like going out to movies, buying new cars, spending money at restaurants, and other activities that drive our economy.

The Federal Funds rate directly affects adjustable rate mortgage rates and can indirectly benefit fixed mortgage rates (the Federal Funds Rate and 30-year fixed mortgage rates have some correlation; however, they are not directly tied to each other and can sometimes even move in opposite directions).

The Federal Reserve recently announced that the Federal Funds rate dropped to near zero and announced a $700 Billion quantitative easing policy! 

So What Does the Rate Drop and Capital Injection Mean for You?

​As a notary loan signing agent, it can mean a lot more signing opportunities! 

The last time the Federal Reserve took this approach was in the Great Recession in 2008… the following year, home loan originations rose nearly 30%...over 2 million more home loans were funded than the year prior! 
Of course, the old adage is true... past performance is not indicative of future results. Every economic cycle is different. However, the initial data so far is positive. 

Mortgage Refinance Applications Have Already Spiked

These Federal monetary policies are specifically designed to make borrowing money easier and cheaper. 

Even before the announcement of the federal funds rate drop, a 79% increase in mortgage refinance applications was reported by CNBC.

And according to Mortgage News Daily, the surge in record refinance demand has even forced some lenders to slow the flow of new business.

Loans Occur During High and Low Unemployment

During recessionary periods, the unemployment rate typically increases well above average levels. But that doesn't mean lending stops. In fact, during the last recession, the unemployment rate was, at times, double the rate in recent years, yet 2009 to 2011 experienced a higher level of lending activity! 

Millions of Loan Documents Will Need to Be Signed

If you are already a notary loan signing agent… be prepared! This year, millions of loan documents will need to be signed. 

And if you are NOT yet a signing agent… now is the time to get started… even if it’s just a back up career or a way to earn money part-time. 

Signing agents are needed now more than ever!

Despite the chaos in the markets, this is the time to gain your foothold in the notary loan signing agent industry. And I am here to help you be prepared. 

Use this time to educate yourself, gain new skills, and have a competitive advantage as the economy goes through this cycle.  

Home Loan Refinancings Are Projected to Hit a 7-Year High

According to HousingWire.com, mortgage originations for refinancings may hit a seven-year high in 2020 as Americans chase the lowest home-loan rates ever recorded.

It is projected that the low rates will drive refinance volume to $429 billion this quarter alone, more than double the $180 billion of the year-ago quarter, according to a Fannie Mae forecast. And the Mortgage Bankers Association raised its 2020 loan origination forecast to over $2.5 trillion.

​This activity leads to more loan signing appointments for notary signing agents! 

Be Prepared to Fill the Demand

Since the Great Recession of 2008, an average of 670,000 home loan originations have occurred EVERY SINGLE MONTH! This equates to over 8 million loan originations every single year! And the recent government actions could push this number even higher! 

How to Take Full Advantage of Demand for Loan Signings

During a slower economy, my strong recommendation to notary public loan signing agents is to learn how to get direct loan signing business from real estate professionals (escrow officers, title officers, real estate agents, and mortgage officers). 

Why? 

Because instead of waiting for a text notification to fill a signing job, you can get a lot more signing appointments by knowing simple marketing techniques to get signing jobs from real estate professionals.

​This gives you much more control over how many loan signing jobs you get.  Additionally, you can increase your income from $75 to $100 per signing to $125 to $200 per signing! This can make a huge difference in your income!
​
The math is simple. If you get 5 direct signing jobs a week at $150 per loan signing job, you can make nearly $40,000 per year. 

What’s more impressive about getting notary signing jobs directly from real estate mortgage professionals is that if you do 13 direct signing jobs at $150 per signing, you have the potential to make six figures annually as a notary loan signing agent! 

Weekly and Annual Income Potential of a Notary Loan Signing Agent

Learn How to Get Notary Loan Signing Jobs

Loan Signing System's notary signing agent course teaches you so much more than how to complete a quality loan signing in under an hour. 

The course will also teach you dozens of new ways to market your signing agent business, how to get more high paying loan signings jobs directly from real estate professionals, and how build a successful notary loan signing agent business. 

Get Ready. Start Learning Today!

Select Your Level of Training and Support:

Get the #1 Rated Online Notary Loan Signing Agent Course
I am writing this review because Loan Signing System has been such a blessing to me. I took the course, passed the exam, watched the videos over and over again... I followed all the steps Mark gave us to succeed. I am now working with two escrow officers at a title company. They love how I do signings and they said most of the signers they have been using always miss dates or initials.
Because of Mark's course, I can say I never miss dates or initials. Everything Mark has said in this course has come to pass in my life. I would encourage anyone who is interested in being successful in the loan signing business to take this course... IT IS A MUST!! 

~Vanetta Clark
I've been a loan signing agent since 2016. Doing it on my own with no idea and taking anything that was tossed my way. Mark and the Loan Signing System was a godsend! Not only with the teaching, but he provided the knowledge that gave me the confidence in knowing that I can walk into an escrow office and present myself "knowledgeable" about this business. Thank you Mark!

~Letitia Hopson
This course is AWESOME!!! Mark is extremely knowledgeable and makes these classes fun as well as full of information. Listen to the lessons over and over...until you get it. I love the Facebook group! Thanks Mark for teaching this old dog ALL these new tricks.

​~Heather Boies

As Seen On:

All of our courses are backed by a 100% 30-day money back guarantee. Check out securely today using any major credit cards!

Making Money as a Notary Loan Signing Agent is Waiting for You...

​Frequently Asked Questions

​How long is the Loan Signing System course?

Loan Signing System courses contain over 8 hours of primary training and another 5-6 hours of bonus training videos if you watch it straight through. The course includes a full loan signing you can watch, several audio recordings of actual loan signings, and a step-by-step video of how to go through an entire set of loan documents. ​You can learn at your own pace. Learn it all in a few evenings or over the course of several weeks or months. It's up to you. 

Is this for beginners or advanced loan signing agents?

​The best part about the Loan Signing System is that it has so much content that it provides incredible value for both beginners and advanced notary loan signing agents.

Beginning loan signing agents will find topics like how to get your notary commission, how to easily get your first loan signing, and how to do a loan signing with confidence.

Advanced loan signing agents will find topics like getting signings directly from escrow officers and mortgage professionals, how to do a loan signing to escrow standards (not signing service standards), and my most advanced tips on how to build and market your loan signing business.

What qualifications are needed?

​You don’t need a degree or any special certifications. You just need a notary commission in your state and the know-how! You truly can start with no education or experience! 

Getting a notary license (known as a commission) is very easy. In most states you simply need to apply. Some states require simple 30 question tests. In either case, it generally takes two weeks to two months to get your notary commission. A link to exactly how to get your notary commission is in the course. 

Should I wait to get my notary commission before getting the course?

No. I recommend getting the Loan Signing System course before any other step because the Loan Signing System is designed to help you avoid the common pitfalls most signing agents take when building their business. I link to easy and low cost ways to get your notary commission in your state and supplies so you can save the headache and your money! Getting the course first will walk you through how to become a successful signing agent step by step even if you're starting from scratch! 

What if I already have my notary commission?

​If you already have your notary commission, congratulations... the most time-consuming part is out of the way and you can immediately start making money as a notary loan signing agent! You simply need the knowledge and the step-by-step training, which is what the Loan Signing System provides you! I have had students with their notary commission start the course and get signings the very same week!

​How long do I have access to the Loan Signing System course?

You'll get immediate and unlimited access to the Loan Signing System training course videos.

​What if I'm not satisfied with the Loan Signing System course?

All of my courses come with a 100% money back guarantee. I am committed to your success and am truly invested in your success. If you don't like the course for any reason within 30 days, and as long as you haven't received the Loan Signing System certification, simply let me know and I'll issue you a full refund. 

​Does this work in my state?

The good news is that lenders don't make 50 totally different sets of loan documents for the 50 states. And although laws and some documents vary from state to state, the Loan Signing System course is designed to teach you the fundamentals of doing loan signings so you can do a perfect loan signing in any state with any document. Always follow your state's notary laws and best practices (provided in your state's notary commission course and secretary of state). Loan signing agents are most commonly used in escrow states. Learn more about escrow states here.

​Does the Loan Signing System include a signing agent certification?

Absolutely. The Loan Signing System includes a certification so you can demonstrate that you've taken the most complete loan signing agent course and passed the exam with a 90% score or better. You can showcase your Loan Signing System Certification on some of the largest loan signing agent databases such as Snapdocs and Notary Resume and put the Loan Signing System Certified Agent seal on your business cards and other marketing materials. ​

Where is the Loan Signing System Certification recognized?

Loan Signing System is the premier loan signing agent training taught by Mark Wills. He has trained thousands of signing agents from coast to coast. He owns a loan signing service and the Loan Signing System has been widely recognized from some of the largest signing agent databases such as Notary Resume and Snapdocs, as well as escrow agents (the people that hire notary signing agents). 

How do I know I'll get loan signings? 

​The good news is where there are homes, there are loan signings! So if you look around and see homes, that means you can make money as a loan signing agent! 

Here's the better news... it's very easy to become a notary loan signing agent. You don't need any special education or degrees. You simply need a notary commission. 

This ease of getting into the business generally causes a higher supply of loan signing agents. Which some people fear because that creates more competition. But this is the exact reason why you can get a lot of loan signings. The low barrier to entry to get into the business causes most signing agents to be lower quality, untrained agents. Because a course is NOT required to get started.

So when you take my course, you will literally be better than 90% of the loan signing agents in the market. And that is the reason why you can get more loan signings than anyone else. If you ask any escrow officer (the people that hire loan signing agents), a good signing agent is worth their weight in gold and are hard to come by. And when they do find a good signing agent, they tend to feed them loan signings regularly. 

I'll teach you step by step how I became the top loan signing agent in my market, so you can do the same!

Do I need any other certifications?

​As a loan signing agent, you actually don’t need a certification to get your first signing. However, to build a successful signing agent business, you should get the Loan Signing System certification as well as the NNA Signing Agent certification. The NNA is the largest and most widely known training for notaries. And two of the largest title companies require that you have it. However, the training is basic and may not fully train you to actually build a successful loan signing business.

I link to the exact NNA certification within my course. The NNA certification is only $65 and includes a background check. Start with the Loan Signing System certification, and when you are doing signings, get the NNA certification. 

What does the monthly mentorship entail?

If you purchase the Six Figure Loan Signing System Course, you’ll get access to my live mentorship where you can ask me any question about building your business, LIVE! You’ll see me on video and you can type in your question before or during the biweekly sessions. Plus all sessions are recorded so even if you miss it, you’ll still be able to watch it. My students often refer to it as a “must-have” and it’s the perfect way to get all of your questions answered as you build your loan signing agent business.

What if I can't afford the full payment?

I offer convenient monthly payment plans on all of my courses. You get full access to the course upon your initial payment!

What if I have questions or problems?

My goal is to make becoming a successful loan signing agent as smooth and streamlined as possible. If you ever have any issues or questions, I offer a number of resources to get your answers. I have a private Facebook group for students so you can ask other students and successful agents. Most loan signing agents have had the same questions and comments as you in the past and are a great resource and support group for you. I also have live chat available during business hours. And of course, you can email me at [email protected].

What are the payment options?

I offer secure SSL encrypted payment options from every major credit card, including Visa, MasterCard, and American Express. 

What You'll Get

The Loan Signing System will teach you step-by-step how to become a successful notary loan signing agent with engaging online videos using real world examples. Here's what you'll get immediate access to:

Learn How to Do a Perfect Loan Signing

All of my courses come with the Loan Signing System certification and will teach you how to do a perfect loan signing to escrow standards (not signing service standards). 

Learn How to Get Loan Signings

Not only will you learn how to automatically get loan signings through signing services, but my Professional and Six Figure courses will teach you how to market yourself and get loan signings directly with escrow officers so you can get paid more per loan signing. 

Mentorship & Advanced Training

You will have all of your questions about growing your loan signing business answered with ongoing mentorship in my Six Figure course. Plus you'll get special training directly from escrow officers so you can be hired for more loan signings.