A Notary Signing Agent is a Notary Public who has acquired a familiarity and understanding of mortgage loan documents, either via experience or training. This individual will work either is hired as an independent contractor for signing agencies or as a self-employed person receiving assignments through his/her marketing and advertising efforts. The job consists of ensuring that real estate loan documents are properly executed by the borrower(s), notarized, and returned promptly for processing to the title or escrow officer. This is a vital service for borrowers and closing agents, without which a mortgage loan transaction would not be able to be consummated. The Statute of Frauds and the Patriotic Act seek to maintain the integrity of a signer's signature to authenticate a document, and to identify the borrower for tax reporting and anti-money laundering regulation. This is a significant role for a notary, very important, now that so many more transactions are being conducted online or by telephone. A Notary Signing Agent will travel to the customer's home or office at their convenience to execute loan documents instead of having the borrower interrupt their busy schedule to drive to a title company, or escrow agent's office. This convenience allows all parties to the transaction to be more productive and in many cases reduces the settlement cost. Closing agents have discovered this is a much-preferred means of doing business, allowing the borrower to review the documents in the privacy of their home or office, while increasing the volume of loans a closing agency can handle. Your primary duties will include: answering phones, customer service, filing, notarizing documents, networking, and marketing your services. You will be required to pass a test or exam sponsored by your state’s governing agency to obtain a certificate or commission. At times, being a Notary Signing Agent can be fast-paced and require flexibility and patience. To be highly successful as a Notary Signing Agent you must be reliable, honest, willing to learn, a good communicator, work well with others, enjoy dealing with people and be somewhat computer-literate. Being multilingual is a great advantage, as it increases the population of people you can serve. One of the biggest challenges beginning Loan Signing Agents face in getting their business up and running is marketing. There are just too many tasks involved in setting up, managing, and marketing a new business. The list of tasks seems daunting and never-ending. This is what stops most beginners, the amount of time, energy, and effort needed to develop the business and start getting regular clients that pay well and promptly. One of the easiest ways to get your practice off to a good start is to promote your service online through a high-traffic notary portal. Title, insurance, mortgage lenders, medical-related industries, traffic schools, auto dealers, bail agents, and the public depend on these sites to find notaries daily for loan signings and other general notarial-related work. This is the quick means to marketing your notary practice and giving your business a jump-start, while you work to develop long-term business relationships. Plus, you get a webpage as part of the price.
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