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Notary Loan Signing Agent Salary & Outlook. Notary loan signing agents are typically paid on a commission basis, with the amount of their compensation varying depending on the type of loan they are signing and the length of time it takes to complete the transaction. Median Annual Salary: $52,541 ($25.26/hour)
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1. Understanding the Role of a Notary Signing Agent Let's start by understanding what a Notary Signing Agent does: Defining the Notary Signing Agent: At its core, a Notary Signing Agent is a commissioned notary public with additional specialized training to handle the signing of loan documents.
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A notary signing agent, or loan signing agent, is a specialized notary who is trained and certified to handle and notarize loan documents. While they have all the skills and authority of a traditional notary, notary signing agents bring an extra layer of to the table when it comes to handling loan-related paperwork.
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Your notary license. Errors and Omissions insurance. Reliable transportation. If you have a background in real estate, you may already be familiar with the documents and contracts. If not, it might make sense to take a course like Loan Signing System. Here's our full Loan Signing System review.
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Signing agents ensure real estate loan documents are executed by the borrower, notarized and promptly returned for processing. NSAs must also follow any additional instructions from the.
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What is a loan signing agent? What exactly is a loan signing agent, you ask? Well, in simple terms, they are the professionals who facilitate the final step in the mortgage process. When someone purchases or refinances a home, there are numerous legal documents that need to be signed and notarized. This is where loan signing agents come into play.
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A Notary Signing Agent is hired as an independent contractor to ensure that real estate loan documents are executed by the borrower, notarized and returned for processing on time. Completing this critical part of the loan process enables the loan to be funded. Who can become a Notary Signing Agent?
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A Notary Signing Agent course will teach you the fundamentals of loan signings, explain key documents, and prepare you to perform loan signings in a way that protects the borrower's privacy and security. Some loan Signing Agent courses, such as those provided by the NNA, even cover what companies are looking for when hiring NSAs.
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A Notary Signing Agent is a Notary who has been trained to handle loan documents. Lenders and title companies hire Signing Agents as independent contractors to assist in the last step of the loan process. What do Notary Signing Agents do?
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How to Do a Loan Signing as a Notary Signing Agent Prepare for your first loan signing by following the steps below. 1. Explain the process When you first meet the signer in their home, you'll want to introduce yourself and explain your role as a Notary Signing Agent.
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Precision Signing Agency aims to be your turnkey option for all of your remote closing needs. Whether you need a certified Loan Signing Agent (LSA) to close your mailway closing, need assistance with sending a notary public to complete your clients' Estate Planning documents, or need a courthouse file run, we are your go to loan signing service.