Complete the notary application process.Thankfully, in most states, becoming a notary consists of two basic steps: This is because in order to become a notary signing agent, you already need to be a certified notary public. State Notary Application Fees - $10 to $30+ĭoes A Loan Signing Agent Need to be a Notary Public?Īll signing agents are notaries, but not all notaries are signing agents.The cost varies greatly depending on the type of check needed. Background Check - $15 to $100+ on average.The cost varies depending on the level of coverage you select. Notary Signing Agent Training Course - $99.Our online packages include supplies and certificates. Notary Public Commission (if needed) - $75 to $189.Exact costs depend on your state or employer, but here’s a cost breakdown example: Essentially, being a signing agent makes you your own boss!īecoming a notary signing agent also has a relatively low up-front investment. You can set your own schedule, decide how many appointments you want to do per week, and set your own rates. If you’re looking for a job opportunity that puts you in control, becoming a notary signing agent is a great option. Start Here Why Become a Notary Signing Agent? These additional income opportunities include charging for notarization, mailing the loan package, printing loan documents, and transportation expenses (if applicable). Unlike traditional notaries that usually make less than $20 per signature, signing agents act as independent contractors and can earn between $75 and $200 per signing appointment.Īnother benefit unique to signing agents is the ability to charge additional fees while guiding a client through a loan contract. Signing agents make money by charging fees for their services. Answer questions about loans, such as the term length, interest rate, or total borrowed amount.Point out the places that need signatures.However, thanks to their additional training, signing agents can: Verify identity of the person signing a document.Both finished medical school, but the cardiologist went through specific, additional training.ĭue to the increased complexity of loan documents and the sensitive information they contain, signing agents must complete more training than traditional notaries and complete a comprehensive background check.īoth signing agents and notaries can do the following: Notaries are like physicians, while signing agents are like cardiologists. What’s the Difference Between a Notary Public and a Notary Signing Agent?Īn easy way to understand the difference between a notary signing agent and notary public is to think of them as doctors. Signing agents guide borrowers through the loan documents (think of those drawn-out “sign here” scenes in movies), witness and notarize signatures, and return the notarized loan documents for processing. Lenders or title agencies hire signing agents to print loan documents to bring to the closing. What Do They Do?Ĭertified notary signing agents help borrowers complete the loan closing process. They typically work for lending agencies (banks, mortgage loan companies) or title agencies to help borrowers understand loans and prevent fraud. Signing agents are notaries who have been trained to work with loan documents, especially mortgage loans. What Is a Notary Signing Agent? January 6th, 2023 / General Notary Advice
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