Mark, I’m a Loan Officer and currently signed up to learn notary/ signing agent. I work with Escrow Officers all the time. It’s a relief to see how much the EO cares for the loan once the LO hands it off. Great video
I’m a very new NSA. Clear background check and NNA certified. I just enrolled in your course because I’m ready to get my business off the ground. I’m excited and anxious.
hi Kamika! so excited to have you as a student!! as a six figure student you will not only get access to the rest of this interview but from all the Escrow officers in the course, we will all train you to be a great signing agent! nothing to be anxious about! I got you back now that you are a student!!
I’m an escrow assistant and my office in particular because of our geographic location where we have exactly half the city being Indian Leased Land, we have to have the acknowledgments filled out COMPLETELY and ACCURATELY. If the signature line says Joe A. Sample, the acknowledgment must read Joe A. Sample. We give every mobile notary two signings to get this right, after that they’re blacklisted for not following specific yet simple instructions we’ve given them.
this is great feedback! thank you! you, joann (she is this video) and stress perfection. if you dont take a great training program it is tough to be great!!
charlene judd will do! My course is designed from the standpoint of how escrow officers want signings done. You learn how to market your self to escrow officers by escrow officers! If you would like to learn even more become a student!!
I’ve finally made the decision to renew my notary and get certified as a signing agent. I’m so excited and relieved to have found someone like you on here that offers training courses to be an exceptional signing agent and how to attain full success doing this as a career. I realize knowledge is everything but After watching several videos of you interviewing all the players in the game per se, I not only realized how much knowledge is required doing a signing but that it’s absolutely imperative to have if you’re going to gain relations and work directly as an agent!! My question is how to go about gaining the trust of an escrow officer, lender, etc and convincing them to take a chance on me with no experience?? All the knowledge and understanding of my position would be there but I’d be starting fresh. Also, what would the certificate I receive for completing your training courses represent to the client?? In other words, as an analogy to pose this question is, I live in Illinois, so in comparison to an accredited college where credits are automatically transferred, is the certificate received from your course well known throughout the U.S. in that similar type of way? I hope that makes sense, I apologize for any confusion. 😬 Also, how long does it take the escrow officer to pay the agent? The $150 fee for the first loan and $75 for the second loan you spoke of toward the end, is that when your doing two signings for them in a day? Why would the second loan be any less, there’s no less work? Do you find that to be customary at most places?? When asked about an agent charging $25 more for a signing due to further travel she was not willing to pay it but yet very eager to call the next notary; is this a notary she’s worked with before or an unknown? Because that seems a bit contradictory from her statement about hiring notaries she’s not familiar with and receiving below subpar work, It’s like the whole get what you pay for type of thing. I’m just saying that because maybe the drive is significantly longer and possibly bad traffic that could extend the job another hour or so, what’s wrong with asking for more payment due to those circumstances? I hope I’m not coming off as combative or confrontational I just have so many questions and want to know these things.
To answer the question about two loans $150 + $75. This is usually for example a Refinance loan and a HELOC. I had many of those. They are with the same account and person so you'll do it at the same time that day. I hope this helps.
Yooo!! So glad you enjoyed this interview with First American Title!! I'm always trying my best to bring you and the Notary community the best tips and tricks for your business!! Let's gooo!!!
Another great interview! It makes sense that Escrow would go with the Notary fee already sent out to client on the Closing Statement! Hello! Now I know to keep fees within their fee schedule and to be consistent with my fees. I don’t know too many people who make $150/hr doing anything else! Let’s Goooooo!
Yooo!! Great question!! This is a great question! I actually cover this exact topic in my course!! Here’s my course pricing chart so you can get a side by side view of my three courses- which have all had a massive course update btw!!! www.loansigningsystem.com/coursepricing.html? Looking forward to helping you build your business! If you have any questions, please don’t hesitate to ping me here!!
Hi Arios! Thank you so much for reaching out, these are great questions!! To answer your question, the NNA is the foremost educational company for notary public training laws and procedures and Loan Signing System is the #1 training for teaching notary signing agents how to build and market a successful business. I have a whole module dedicated to this topic in my course along with advising you which NNA package to purchase (the best and cheapest way to obtain it!). And my course has resources to help you best obtain your commission in your state, it goes over the loan docs you’ll face step by step, how to perform a perfect signing, and has training on how to get signing jobs from signing services AND mortgage professionals. Here is more info about my training course, click below! go.loansigningsystem.com/get-the-course?UA-cam& Email me at mark@loansigningsystem.com if you have any questions!!
@@MarkWillsLoanSigningSystem fantastic. I just got my letter that I passed. Just waiting on the background to finish up. But I’m looking at where to allocate my finances. I am on the NNA website and have scene their classes. And you just answered it perfectly. I’ll take your classes as soon as possible.
Hi Christopher! The forms and documents handle are real estate transactions. The specific forms that signing agents need to fill out can vary depending on the transaction and the requirements of the parties involved. This FREE informational webinar will explain exactly what a signing agent is, why they get paid so much per appointment, how signing agents get jobs and the EXACT steps needed to become a signing agent! Click below to watch! go.loansigningsystem.com/training/?UA-cam Show less I also gave you access to my 9-step checklist on how to get started! Excited to hear what you think! Ping me here if you have any questions!!
This was very informative, Mark I think your going to have another student soon :-). Never would have thought this could be as lucrative as it is. Awesome......
i am so excited to have you as a student Tiffeny! and yes-there is a ton of business out there-you just need to learn how to go out and get it!! which i will teach you! so excited to have you as a student!! if you have any questions at all-let me know!
I disagree with Loan Signing Agents or NSA's discussing loan docs with signers. I feel this is a bad idea. Notary Signing Agents must not explain loan documents because contracting companies want to ensure NSAs do not misdirect the borrower, or worse, create a legal liability for the contracting company or lender. The reason for this is first and foremost, many state laws prohibit nsa's from giving advice or performing any duties that may be construed as the practice of law - particularly as it relates to legal paperwork such as a set of loan documents. Federal regulations aim to prevent people from giving financial advice as a mortgage originator unless they are licensed as such. Also, section 4.5 of the Notary Code of Conduct - Loan Terms states " The Notary Signing Agent may identify and provide a general description of a loan or payment amount, interest rate, annual percentage rate, finance charge, payment schedule, assumption option, prepayment penalty or any other loan term to a borrower in the closing documents, but may not explain, interpret or provide legal advice about the loan documents or terms. The NSA must be careful what is discussed pertaining to the loan documents that are being signed otherwise they may be opening themselves up to an E&O claim on their E&O policy. This is just my opinion, I am not a lawyer or Loan Originator.
i dont disagree with you! Generally describing loan docs is what i teach my students! "Discussing" is another way of saying you should point all relative information that is printed on the document. A good signing agent can point out information that exist in the paper work so if a borrower has question then it can be answered by the signing agent by pointing out where the
Tammy... I was just about to say the same thing because it can be a sticky situation if the borrower says, "the Signing Agent explained it to me and said!" We are not and have not been trained/certified in full detail as a Loan Officer, Escrow Officer, etc.. I want to be the best at my job but be within the guidelines and regulations.
@@MarkWillsLoanSigningSystem That’s a clear and concise point you just made but your guest seemed to imply that we should somehow be her replacement at the loan signing when in fact we have two different roles. Her job is to explain the details of the documents to the borrower, our job is to make sure the borrower understands what they are signing and where to sign. It would seem to me if the borrower is confused about the terms of their loan that would fall on the escrow officer’s inability to do a thorough job. By the way I am a new student of your awesome program, but not new to loan signing.
@@TheKoolAuntie Love the observation!! The responsiblity would actually fall on the loan officer not the EO or signing agent! As you go through the course ill address who should be contacted as the questions out of scope of duty arises! Welcome to the family!
Notaries cannot explain legal documents. That is unauthorized practice of law. They can however, locate the information in the documents and point it out so the signer is able to read it.
Why don't you tell us more about how you have to be fidelity certified and have 2 years experience? As well as know someone pretty well who will use you since they usually use friends and family only and have a long list of signing agents they update daily. And also, is it true you have to split the commission with the agent signing company who hooked you up with the job?
this is covered greatly in my course and requires more explanation than a simple message back on here. feel free to call me if you want an in depth answer 619-878-3431 with that being said here are simplified answers to your questions: 1. There are two different types of fidelity approvals. An approval to do fidelity signings through signing services (which does NOT require two years) and another approval to do fidelity signings through fidelity title companies. Both of these require a "sponsor”-meaning someone has to recommend to be fidelity approved-whether that be a signing or an escrow officer. My course will tell you how find a sponsor. 2. There are numerous ways to get signings. Yes, one is through something called signing services-where they farm the leads and in return they give a signing! I frankly think that is awesome! They do all the work and you just take the signing! Watch this video for more understanding: ua-cam.com/video/EHlK-HwYd48A/v-deo.html course like mine will teach you how to work with signing services and directly with escrow so you do not have to split the fee with anyone (but does require marketing)! Hope this helps!
Yahoska!! This is a great question!! The great news is that I teach all five types of loan documents you'll face as a loan signing agent in my online training course! I'll walk you through all the loan docs step by step to help you best understand docs and better your ability to walk the borrower through them! Check out my course on the link below! www.loansigningsystem.com/premium.html? Excited to hear what you think!
Every Escrow officer is the same. They will have there couple 'go-to" notaries but if they are booked-after they usually just hire who is top of mind. In this market because it so busy due to the lowest interest rates in the history of america escrow officers "go-to's" are usually booked by noon making this the easiest time to ever to market to escrow officers!
Mark, I am a bit confused around the 24:05 time stamp concerning charging the second fee. Are you both stating that the first signing you are given you charge $150, but the second you drop it down to $75 / $100? What would be the reasoning for this and why would it not be the same set rate across the board? Thank you.
This recommended pricing structure is on a "piggy back" first and second. Meaning the borrower is taking two loan out at the same time. There is no second trip it is one signing two loans ON THE SAME HOME. the second loan is half the paperwork as well. does that make sense?
The full video is in Section V: Training from mortgage professionals and successful signing agents! :) You can use the search bar on the top left navigation side of the course!
Is it possible to establish a relationship with an escrow officer if you plan to do this part-time, or are they more interested in signers who have open schedules? Maybe 6 signings max per month.
absolutely! in fact-just had a loan signing system conference, where we had successful part time signing agents discuss this exact point! most signings appt are on the evenings and weekends, understand even if you were full time most of your appts would be nights and weekends as most borrowers have jobs and work during the day! you work during the day which makes you available just like home owners who need to sign their loan docs!
absolutely! in fact-just had a loan signing system conference, where we had successful part time signing agents discuss this exact point! most signings appt are on the evenings and weekends, understand even if you were full time most of your appts would be nights and weekends as most borrowers have jobs and work during the day! you work during the day which makes you available just like home owners who need to sign their loan docs!
Hi! Yes that is correct! Going direct means that the escrow officer or other mortgage professional will print the documents for you, and going through signing services means you would have to print the documents yourself!! :)
75% that don't know the forms...ouch! I want to know about other certifications that I can get, other than NNA. I have some of the Fidelity Approval knowledge, but I want certifications that say hey look, she's doing, she's trenching, above and beyond. I want the knowledge of this part of the industry. I want to show Title companies that I am serious and beyond baseline! This is important to me! I plan on a 3rd set in case a page has to be redone...is that normal?
Hi!!!! This is a great question!! This is exactly why I created my course! After taking my course and passing the Loan Signing System exam, you will receive a LSS Certification! This will allow you to showcase your credentials in the most popular notary hiring databases and show potential mortgage industry clients that you are an educated, effective, and professional notary loan signing agent. Here’s my course pricing chart so you can get a side by side view of my three courses- which have all had a massive course update btw!!! www.loansigningsystem.com/coursepricing.html? Excited to hear what you think!
Glad you asked because that is exactly what I teach in my course! I will teach you step by step how to get notary signing jobs from signing services and mortgage professionals! I will also show you exactly where to post your certification in order to maximize your income - it contains a list of my top 10 personally recommended signing agent databases and signing services you can register with, as well as an entire DIRECTORY of 300+ signing services across the nation! All of whom will call, text, and email you with appointments. Not the other way around. :)
So glad you found this video valuable Joseph! And if you think this was helpful, I can’t wait for you to discover all the other tools, tips, and strategies I’ve put together for you in my course… all of which are designed to help you build a lucrative & successful notary loan signing agent business!
Great question! Some home owners will take a 2 home loans at the EXACT same time. Also known as a first mortgage and a second mortgage (first and second). When that happens you can charge two signing fees at the same appt!
I've been notary for 10 months now and it's frustrating how escrow will say this and give 0 feedback. I keep getting work but never really know when i make a mistake.
Hi Robert!! Not all escrow officers are the same. Do what others won’t, go the extra mile, and reach out and ask if there are any mistakes you need to fix on previous documents! Following up is key to getting repeat business :) Hoping this was helpful Robert! Committed to your success!
@@MarkWillsLoanSigningSystem Yes, I've had alot of signing services experience so i don't see why i can't get more direct. I didnt really think to ask them these things.
Yooo!! Thank you so much for tuning in and watching this video with Joann!! Hope it brought you insight to what she looks for when hiring a Notary Loan Signing Agent!! And the great news is I cover this exact topic in my course!! I will walk you through exactly what you should charge and how to get the business business!! Here’s my course pricing chart so you can get a side by side view of my three courses- which have all had a massive course update btw!!! www.loansigningsystem.com/coursepricing.html? Looking forward to helping you build your business!
Hi Mark, thank you for sharing the information! Can you explaining in detail how to packaging.I take you course, but did not find the packaging information! Thank you very much! you are great teacher!
email me!! i will show you where it is located in the course player! keep in mind the ENTIRE interview (the one on youtube is only half of the interview) with joann is in the course player!
They should pay us more ! If we are guiding loans for $500k, million plus homes yet they only want to pay of $175.00 it should be based on the loan amount !
Hi Jill! Signing agents charge for the travel time to and from the borrowers location and for the service of collecting signatures and returning the loan docs to the lender. That is how signing agents can make up to $75-$200 per hour appointment for that service :)
Hi Nancy! Great question, thanks for reaching out! This video is available to you in the bonus training of the course! After you take your exam, you can watch the full interview and get all the information! Hoping this was helpful!
yup! and all you need to do is learn how to market to real estate attorneys! dont forget you can do signings for out of state files that need signed in GA
absolutely! the skill set of being a signing agent is the same state to state! A signing agent is nothing more than a notary that knows how to go over loan documents with a home loan borrower! the how to get business part varies slightly-that is why it is best to take a course that can teach you proper signing agent marketing!
The best part about the notary signing agent industry is that you can shift your strategy! By getting less signings from one escrow, multiply the amount of escrow officers are in your clientele, you'll still be making the same revenue (even more)! You can absolutely thrive in this industry regardless what the rates are!
I believe that would be a conflict of interest but don't quote me though. Hopefully Mark can reply and we both get the correct answer, because I'm curious as well.
This is exactly what I cover in my course Francisca!! Click the link below to start learning everything you need to know about loan docs & packaging :) www.loansigningsystem.com/premium.html
This was such a great interview, very insightful! Thank you, for you sharing. One question, if the docs are emailed to you directly do you charge an additional fee? If so how much? Thanks in advance!
you are welcome! you do not want to charge for the docs being emailed to you. you could, but there are so many signing agents who do not, that you will lose business solely for the fact that you do! if you have any other questions feel free to reach out!
Thanks for your prompt reply! So just to be clear if you print two sets of docs for the borrower yourself (which I know doesn’t happen often) you suggest not charging for that is that right? Makes sense if you want repeat business.
Any cost you incur printing the docs (paper,toner, etc..) I’m guessing are tax deductible as a business expense, so even tho it might not make you all the expense back, it would help reduce your cost overall. At least that’s what I think, I’m no tax expert.
I dont see how this is true. I contacted escrow offices here in San Antonio and the escrow officers told me they do the closing themselves and don't use signing agents. What to do in this situation?
And that's quite the common impression! Many folks mistakenly believe loan signing agents are employees of the title company simply because the loan signing appointment occurs AT the title company. See, this simply for the sake of convenience - title companies have courtesy conference rooms with big desks and a professional, quiet space for the appointment to take place, free of charge. The truth is, notary loan signing agents have to be neutral, independent, third parties to the mortgage transaction... In fact, I've written an article specifically about this topic. It explains why title companies don't use in-house employees as their loan signing agents. I think it's exactly what you're looking for. Read it here: help.loansigningsystem.com/hc/en-us/articles/360036537191-Don-t-title-and-escrow-companies-simply-hire-in-house-notaries-Is-there-even-a-need-for-mobile-notary-loan-signing-agents- Let me know what you think! I'm excited to help you get started!
@@MarkWillsLoanSigningSystem I'm a full time realtor and today I emailed many different escrow officers from different title cos and asked them if they use loan signing agents and they all said we only use them if the client is out of town or they themselves are out of town. They (escrow officers) all do their own loan signing they told me and there is no conflict of interest. Even when I attended closings on behalf of my real estate clients there was never a loan signing agent present. Just myself the client and the escrow officer doing the loan documents. So how am I supposed to get escrow offices to use me if they just do it in house like all the different title cos told me they do?
This is exactly what I teach in my course! Because signing agents are the best kept secret in the real estate industry, that not much mortgage professionals even know that this exists! I teach you step-by-step how to market yourself to escrow and real estate agents with a word-for-word script on how you can bring value to their business by perfecting the loan signing for them :) I also teach you how to stay top of mind so that you get business even if they use in-house notaries! I’m constantly telling people that real estate agents are in the most advantageous spot to build a loan signing business because of their professional experience - I can show you exactly how to leverage your contacts in the industry to create a busy stream of high-paying loan signings FAST. To learn more about how real estate agents can make great money as notary loan signing agents, check out this helpful resource: www.loansigningsystem.com/blog/why-a-real-estate-agent-can-make-great-money-as-a-notary-public-loan-signing-agent If you have any further questions, message me through the support button on my website... I'll put you in touch with some helpful resources and set up a call where I can explain how it works in depth. I got you covered! :)
So , they don't care that your traveling further and using your time and gas to complete a signing? So are you saying notary's time and effort isn't valued or appreciated. I'm sorry, maybe I missed something . Please explain. Thank you.
hi aza!! so understanding how the process works is key to understanding that it has nothing to do with not caring or not valuing the notary. the first distinction we need to make is when you get business directly from an escrow officer you keep the ENTIRE signing fee. you don't split it with the signing service, so you keep the $150, $175, $200. that should be enough for gas and your time! its the best part of bypassing the signing service and thats what i teach! however the bigger detail that signing agents need to understand is once the signing fee is disclosed on CD (closing disclosure) by the lender it can NOT be changed. so it has nothing to do at all about not caring or valuing the notary, they just cant give any more money by law! TRID prohibits any fees changing once they have been disclosed. point is, even if they wanted to give you more they can not. even with that being said, $150 for a signing is amazing money. a busy signing agent is an educated signing! thats what i teach.
Aza Amore see, because of the TRID guidelines. The notary fee that is listed on the loan docs can not be changed. Once disclosed, by law-it can’t be changed. so it has nothing to do with not valuing the notary’s time. It understanding that by law that can’t give more Than what has been previously disclosed If you have any other questions please ask :-)
Lush Studio working directly With Escrow, as I teach, is different than working with a signing service. The signing sets a price and you can negotiate with them. You can’t negotiate with a lender if it has already disclosed a notary fee. So unfortunately if the drive is far because of unfortunate circumstances, the Escrow Officer can’t offer more money. That’s all. Knowing how the business works is key to getting business. That’s what I teach!
If the signing location is far away, you negotiate the rate of pay before you accept the assignment. You must not accept the assignment then afterwards decide that you should have asked for more money so you call the Title company and tell them you changed your mind and you wont do the assignment without more money. It's too late then. Ask them a few questions before accepting the assignment. It's signing services who often won't give you what you are worth. The title company will give you $150.00 for a signing, but the signing service might offer you $50.00 for the same type of signing. You will not make any money if you accept less than $100.00.
Hi Mark Looking for the video on the FB private page. But having problems finding it. Where could I find the rest of the video : ) I recently signed up.
Hi! I'd be happy to help you with that. Simply submit this request formally to me by clicking the 'Support' button at the bottom of my main website - www.loansigningsystem.com/. I'll get to it as quickly as I can. Thanks!
Hi Joann! My course solely focuses on notary signing agent training, but I do provide you with resources on how to best obtain your notary commission + notary training! And the great news is.. you do NOT need to be a notary before becoming a Loan Signing System student. You can get started any time :)
Yes! The same commission you received to become a notary for your state is the same commission you will need to do loan signings. There is no separation. Loan signing is a specialized service performed by a notary. While it’s not mandatory by your state to perform a loan signing, most title companies prefer to work with certified notaries with this specialized training. Hope this was more specific. I’ve been a notary for 15 yrs.
Hi Jose! The earnings of an escrow officer and a notary signing agent differ due to factors like location, experience, and opportunities. Escrow officers, involved in real estate transactions, may have a salary with bonuses or commissions. Notary signing agents, responsible for loan signings, typically earn fees per signing. Success for both depends on market demand and networking And the great news is... In my course, I've taught thousands of students who've created successful signing agent businesses.There truly hasn’t been a better time to get started as interest rates are continuously dropping and the demand for signing agents are skyrocketing!! 🚀 Now is the time to go all in! This FREE informational webinar will explain exactly what a signing agent is, why they get paid so much per appointment, how signing agents get jobs and the EXACT steps needed to become a signing agent! Click below to watch! go.loansigningsystem.com/freeresources/?UA-cam I also gave you access to my 9-step checklist on how to get started! Excited to hear what you think! Email me at mark@loansigningsystem.com if you have any questions!!
Hi! I'm so happy to hear you just applied to become a notary in AZ! You’ve actually completed the hardest part of being a notary signing agent! Now all you need to do is learn the loan documents you’ll be working with, how to do a signing with a home borrower, and how to get loan signings to make money. And the great news is you actually do not need to wait for your commission to come in before taking my course! You can get ahead of the learning curve today, that way you’re ready to hit the ground running once your commission comes in the mail :) I can teach you step-by-step how to make $75-$200 per hour-long appointment as a loan signing agent, before you even have your commission! Getting started is easy! Here is the course I recommend best for you: www.loansigningsystem.com/premium.html I look forward to helping you grow your notary signing agent business!
@@raqueljusteen I appreciate & understand your response but that seems like a very serendipitous way to build one's business. I get it, you are your Brand but how are you supposed to "break through?"
@@michelebradley7813 I can't think of a business that doesn't have to build trust and show proof with it's clients before getting consistent business with them. Find the opportunity to do so and then perform. Best of luck!
Hi @MarkWills I live in Washington State and the rules here are so different! I was told that agents here do not fill out forms, is that true? also it;s not required to take a class on notary But I want to be very informative on being a signing agent. also is it true that washington state has a very very low maxium that you can charge. I will be taking your course next week and can I get certified thru you or do I just go to NNA? Thank you
Hi!! First off-i am so excited to have you as a student!! so-you are correct-YOU NEVER fill anything out. Only the borrower does but you can ensure they do by guiding them to fill out the forms and only educated signing agents can do that. here is a video to explain why we dont charge as "notary publics' but as signing agents: ua-cam.com/video/KuXQa8N-kLo/v-deo.html Take my course before the NNA's-I will tell you what to take and when to take it! i got you!!! lets gooo!
Hi Mark! I’m currently finishing up the NNA signing agent course and I’m considering taking your course. What exactly do you mean by filling out the documents? Aren’t they already filled out?
There are a few documents in the package that the borrower must fill out at the signing. You will explain to them what the document is and make sure it's done correctly. An example is the AKA statement. This statement shows different ways the borrowers name came up in the credit check. Example: John Jones, John A. Jones, Jonathon A Jones. Those are printed out on the page. The borrower must sign next to each of those name variations just as each appears. At the bottom of the page they sign that they are one and the same. (John Jones is the same person as John A. Jones and Jonathon A Jones.)
I am looking into getting certified as a Notary Public I am in Northern California, is that training part of your system? In California to be certified I have to take a class. Is that class included in your system? In California are there other requirements to be a loan signer? Also I live very rural. Is there enough action to make great income ?
Hi Ceanne! thank you for reaching out! I do not do notary training as i teach notary publics how to make money as signing agents! BUT! in the state of CA, you can DIY your notary commission and my course will come with those instructions! as far as "rural" all you need is homes to make money. Rural areas have homes that get bought and sold every day! The ONLY requirement to be a signing agent is to be a notary public 😀
Brand new to the notary profession, but I do have a commission and supplies. What do you recommend as my first course of action? Question answered at the end of the video. Thx.
Welcome to the industry! Your first course of action is to take my course! click this link: courses.loansigningsystem.com/courses/premium If you want to learn from me and actual escrow officers, mortgage officers and real estate agents then this is the course for you!
You are based in CA, but does your class helpful for agents in PA? I’m sorry for a silly question. I hear great things about your course and am almost ready to take your class.
No need to apologize, Julian! I'm here to answer any questions you may have! I have students from coast to coast, Pennsylvania included! PA is absolutely crushing it in the loan signing agent business! In fact, I have an interview with an LSS student who is making over $4,000 a month in PA! He is now part of the 10K club meaning he makes $10,000 a month!! Click below to watch his interview! ua-cam.com/video/VJZGhJdyKYY/v-deo.html Let me know if you have further questions! I'd be honored to have you as a student and part of the LSS family!
I’m in NY and explaining what a loan document means is practicing law which we are not allowed to do, and we could be accused of criminal contempt. At least that’s what I’m learning while preparing for the notary exam.
Hi S! There is a huge difference between a regular notary and a notary signing agent! A notary loan signing agent is a notary public who witnesses signatures and knows how to walk a borrower through the set of loan documents that secured their mortgage transaction. This includes pointing out what is mentioned in the loan docs. Fortunately, I've created a helpful resource that explains what the difference is between a notary and a loan signing agent. And it is a huge difference because signing agents can make up to $75-$200 per hour appointment - unlike regular notary publics who can only charge a few dollars per signature witnessed! Here is the link: help.loansigningsystem.com/hc/en-us/articles/360036467671-What-is-the-difference-between-a-loan-signing-agent-and-a-regular-notary-public-
Absolutely YES! Many Loan Signing System students have used the tips and strategies they learned in the course to make thousands of extra dollars each month in attorney states across the nation. And great news.. we have an entire attorney state Facebook group for students! The success group has resources that are helpful for making money, specifically in your attorney state. Once you have enrolled, you will have access to this group! In fact, three Loan Signing System graduates in attorney states, North Carolina and Alabama, now steadily make great money using what they learned in the course. Click on the link below to hear their success story! ua-cam.com/video/UrOmvomUtWM/v-deo.html (Dylan) ua-cam.com/video/TvJJ5OA0CL4/v-deo.html (Debra) ua-cam.com/video/Bd77F8Ew12o/v-deo.html (Sherry) I can teach you step-by-step how to build your business in the exact same way. Looking forward to helping you get started, Austin!
Thanks for replying mark! I got your course and will be starting it soon! I was just trying to figure a couple things out because some things say Kentucky is an attorney state but then I’ve spoke to a couple notaries in Kentucky who say it isn’t so I was just trying to clear things up! I’m excited to get the course going and get started helping people and making good money! Shoeing horses has been hard on me, good money yes but super hard and I’m looking to do something a little easier on me!
As a Notary Signing Agent, can I charge extra for interpreting in other languages at the signing? I dealt with Spanish only and French only signers. Also, what can you charge when you have one loan with 6 signers?
What's up Michael! Great question! As a loan signing agent, you don't get paid extra for language translation or multiple signers... but you DO get paid a higher fee depending on who you receive your loan signing appointments from. And landing the clients who pay you the highest fees in the industry is exactly what I teach in my course :)
Signing agents get paid different prices for different types of signing appointments! They can make up to $200 per hour long appointment when getting direct business from an escrow officer! Not only do I cover this in my course, but also provide my students with a price list on what they should charge for their services :) I can't wait to teach you too!
Hey Mark, thinking about buying your course. Do you go over the business side of being a signing agent? I’m struggling to find information on if I have to be a sole prop, LLC, etc to legally work as a signing agent. Obviously this would create more steps than just get your notary commission and training
Absolutely! I not only teach everything you need to know about loan documents & signings, but also how to create a lucrative signing agent business! Can't wait to teach you too! The great news is you do not need to have your notary commission before enrolling in LSS, you can get started today!
Hi mark i am planing to be a notary public but i am mom to one year old. But every time i watch your videos i fell in love with becoming a notary and signing agent more and more.do u think i should do it or wait until my baby a little older.
So glad you enjoyed this interview Chantelle! And if you think that’s helpful, I can’t wait for you to discover all the other tools, tips, and strategies I’ve put together for you… all of which are designed to help you build a lucrative & successful notary loan signing agent business. :) Let's goooo!!
Hi! great question! it is stands for the "national notary association" which is a very respected Notary Association in the industry! secondly, being a signing agent isnt relative to a state-the fundamentals of being a signing agent is the same in every state!
Then that's one less thing you have to do. It's all about knowing what your customer, in this case the Escrow officer, needs from you. Some prefer that you package, some don't. That's why it's important to develop a working relationship with them, both sides know what to expect. However, just because some don't require you to package doesn't mean you shouldn't know how. Who knows? The next one you work with may want you to package the loan docs.
I’m an escrow assistant, and none of the officers in my office ask the notaries to package the loan docs. We just ask that they are returned to us in a neat stack, and notarized/completed correctly and accurately. We’ll package the docs and send them out, especially since where I live exactly half of the city is Indian Leased Land and requires more steps before documents can go to the title company for recording.
So glad this was helpful Christina!! I can’t wait for you to discover all the other tools, tips, and strategies I’ve put together for you… all of which are designed to help you build a lucrative & successful notary loan signing agent business :)
maliboo thank you! If you love what you get for free on my channel. Imagine what you learn when buy the loan signing system course!! Click the link in the video!!
You can ABSOLUTELY be a notary loan signing agent and an escrow officer/work for a title company at the same time. No conflict of interest exists in that regard. The only stipulation is that you can't act as the loan signing agent on your own deals, as that's where the conflict of interest comes in. Can't wait to help you get started Stephanie!!
@4Bunmiite O thank you so much for your response. This is incredible info. I'll be taking the NP and LSA training and certification tests in a single setting hoping to jumpstart my LSA career. Wishing you continued success in all you do. I can tell you have a wonderful spirit that attracts wonderful things!
In our state you can’t notarize documents where you are an interested party of. It’s a conflict of interest. But check your state’s laws to get clarification. However, if you work for a company and you are the office notary and an escrow officer notarizing another escrow officer’s loan that you are not apart of, then that is ok. This is just another perspective.
technically you don't have to any thing but a notary commission to be a signing agent. but i do recommend, to maximize your income as a signing agent, to obtain their $65 dollar background check that comes with their certification. Ill have all links in my course to what you need to make the most money as a signing agent.
Mark thank you for this very insightful interview. I have a question about the 2nd signing. I'm not sure what that means are you referring to more than one signing in a day or the 2nd signing of another loan with the same customer?
you are welcome Sylvie! Some borrowers get a 1st mortgage (a typical refinance or purchase) and then a 2nd mortgage (typically a Home Equity Line of Credit) at the same time. Therefore the notary signing agent would be effectively doing two loan signings at the same time with the borrower. In that scenario it is appropriate to charge more!
@@MarkWillsLoanSigningSystem Makes perfect sense. Thank you so much. I appreciate all of your videos they have been very instrumental in helping me decide if I want to take this career path.
Hi Cory! one of best students is ohio! first let me cover, that i don't cover notary law, i simply teach notaries how to make money as notary signing agents. in my course i give you a link who i recommend to help understand your notary laws. What i can say is, that i will train you so you never cross any lines while doing the signing process with a borrower! but as important i ll show you how to market your business in Ohio!!
Hi Cory! one of best students is ohio! first let me cover, that i don't cover notary law, i simply teach notaries how to make money as notary signing agents. in my course i give you a link who i recommend to help understand your notary laws. What i can say is, that i will train you so you never cross any lines while doing the signing process with a borrower! but as important i ll show you how to market your business in Ohio!!
When you are a new signing agent, don't ever accept an assignment where you only have an hour or two to prepare. You will mess up the signing. After printing out 2 sets of documents you must look through all the documents and make sure they all printed out, you must make sure the names are spelled correctly on all documents. You must make sure the property address is the same on all documents. Lots of things to do to prepare prior to doing an assignment.
it is very UNCOMMON for escrow officers to be their own signing agents for a handful of reasons. But the main reason is as follows: According to notary law-you can not notarize any document that you have financial gain from. escrow officers make commission off of closed files, so there for they can not be the notary on the file. Essentially can not be the notary for the same reason a real estate agent can not be the notary on the file.
@@MarkWillsLoanSigningSystem I just bought your course this year, loving the the information so far and hope to start next month. But anyways, my husband just sold his investment property and since we are married I had to sign off on the docs. When we were finished I asked the person who notarized the documents what her title was and she said she was the escrow manager. In my head, I was like I didnt know they could notarize the documents.
@@minicamini04 independent escrow companies fall under a different license than bigger escrow companies like fidelity where they are not allowed to do their own signings. It is very uncommon for this to happen! I am so happy to have you as a student!
@@minicamini04 I do NOT! What if there was two appointments happened when you signed? they needed another signing agent available. No matter how good a signing agent is they can only be at one appt at a time. And there are hundreds going on at any one time where you live. Since you are student, use the FB group to get a hold of me! you can ask my anything in there at anytime and i much more active in there!
Hi June! By extension, I mean that a notary signing agent represents the escrow officer, the company, or the signing service that they are doing business for! :) So by providing the best customer service and signing experience for the borrower, it looks good on the escrow/company as well!
Notaries are not allowed to explain forms/documents or offer opinions on forms/documents, it's literally considered Unauthorized Practice of Law. This lady expects notaries to engage in misconduct... Notaries' primary function is to identify signers!... not assist in explaining escrow docs!
agreed FULLY! However - a notary can point to information that exist in the paperwork to answer a question that a borrower has. a notary CAN also point to information to a borrower to inform them what that piece of paper is saying. They can point to information that exists. they can show the 'what' but they can not explian the "how".
hi there! so the state you are in will require a background check and each state has their own criteria. id hate to say specifically what your state requires, but the best rule of thumb is-no felonies, one should be good to go.
Tyiebbe Wells hi there! We are taking about a 1st mortgage and a second mortgage. Some home owners take out two mortgages at a time. If that is the case. You would charge $150 for the first loan and $75 for the second loan. You would sign them at the same time. Effectively make $225 for one signing appointment.
Tyiebbe Wells The “first and second” they’re referring to are first position and second position loans. They are signed at the same time, during the same signing. Usually the second position loan (aka second mortgage) is a much thinner stack of paperwork.
@@MarkWillsLoanSigningSystemthank you for that clarity. I had scanned the comments but didn't find this answer until AFTER I messaged the same question. I was not aware that 2 mortgages could be taken out at the same time. Just started your course a couple days ago. Looking forward to learning and earning. Thank you!
agreed, however... Pointing to a piece of paper and reading out loud what is on that piece of paper is NOT interpreting it is simply ...reading. If a piece of paper has printed on it that the interest rate is 4.5% you can state and say out loud the interest rate 4.5%. It literally says that on the piece of paper. understanding what lines you can and cant cross is what makes a good signing agent! if you any help-let me know!
You are not being correct LEGALLY REGARDING NOTARY LEGAL AUTHORITY. A notary only VERIFIES SIGNATURES ! When a notary acts as your describing... they must be an Employee or Contractor hired to take on assisting and/or proof reading any legally binding written document for any document principals. If they (Notaries) are acting outside Signature Verification (as a paid agent for any person or as an employee) they are legally responsible for any errors or ommissions. Make sure as Notary, you have written contracts for services rendered In such situations; as otherwise they MAY BECOME liable for damages or expenses they cause inccured personally. According to local law such NOTARY could also be cited as "Practicing Law without a valid License ." Beware of all jurisdiction laws !
there is a distinct difference between describing a loan document and pointing out information that already exist on a piece of paper. if a piece of paper states your interest is 4.5%. YOU CAN READ THE SENTENCE THAT STATES YOUR INTEREST IS 4.5%. You can read and point to a sentence that is preprinted. If you have read the signing agent code of conduct-which is the study guide on what a signing agent can or can not do (here is a link to it in case you have not read it (signingprofessionalsworkgroup.org/code-of-conduct/). section 4.5 states: a notary signing agent may identify and give a general description of a loan payment amount...or any other loan term to a borrower" Knowledge is power and knowing what line you can or can not cross is what makes a signing agent successful.
I concur with your statement! I am sorry for the newcomers that believe everything this guys are telling. Both of them are inaccurate. The job of a Notary is to make sure that the person who is signing is the same on the document and has to have a valid government ID with a picture to prove identity. As a Notary you are not to explain what the document says, because we have no clue what those documents say - the notary is not involved in the creation of the documents. The notary is not the extension of the escrow officer! The notary is not the assistant of the escrow officer as she seems to think. I am a super experience notary and I would not explain loan documents because that is a liability for me should I not convey the correct information. Trust certification is for the borrower to complete and the escrow officer to assist them in the fulfillment since the escrow officer is provided with the trust document ahead of time and they never do. The notary doesn't know what the trust says nor has the time to read the document and figure out who the parties involved in the document are.
Mark, I’m a Loan Officer and currently signed up to learn notary/ signing agent. I work with Escrow Officers all the time. It’s a relief to see how much the EO cares for the loan once the LO hands it off. Great video
So happy this was so valuable Franklin!! Everyone in this industry are such key players in every transaction and they are amazinggg!!
I’m a very new NSA. Clear background check and NNA certified. I just enrolled in your course because I’m ready to get my business off the ground. I’m excited and anxious.
hi Kamika! so excited to have you as a student!! as a six figure student you will not only get access to the rest of this interview but from all the Escrow officers in the course, we will all train you to be a great signing agent! nothing to be anxious about! I got you back now that you are a student!!
How was your experience as a student and are you getting the signings as promised?
How was your course?? Does it help
You a lot??
A little disappointed that you didn't respond to happynappyroots and Tony Edwards. I have the same questions.
This guy is always selling things. He's not passionate like the other guy
www.notarycoach.com/p/course
I signed it and had a very REALLY VIP Treatment
I’m an escrow assistant and my office in particular because of our geographic location where we have exactly half the city being Indian Leased Land, we have to have the acknowledgments filled out COMPLETELY and ACCURATELY. If the signature line says Joe A. Sample, the acknowledgment must read Joe A. Sample. We give every mobile notary two signings to get this right, after that they’re blacklisted for not following specific yet simple instructions we’ve given them.
this is great feedback! thank you! you, joann (she is this video) and stress perfection. if you dont take a great training program it is tough to be great!!
Passed my exam and got my commission ready to go!!!
im rooting for you!!
lets gooo!
@Carolina Pizano I also received my commission as well. It took less than 2weeks. I have to get it notarized now.
That's awesome!
@Carolina Pizano ytr
I'm feeling it Sir. I'm taking the final exam today.get my surity bond. Then get in the program . Very excited, I believe in you and myself
You got this!! I believe in you!
Wow...please tell Joanne thank you for this interview. Im learning lots.
charlene judd will do! My course is designed from the standpoint of how escrow officers want signings done. You learn how to market your self to escrow officers by escrow officers! If you would like to learn even more become a student!!
I’ve finally made the decision to renew my notary and get certified as a signing agent. I’m so excited and relieved to have found someone like you on here that offers training courses to be an exceptional signing agent and how to attain full success doing this as a career. I realize knowledge is everything but After watching several videos of you interviewing all the players in the game per se, I not only realized how much knowledge is required doing a signing but that it’s absolutely imperative to have if you’re going to gain relations and work directly as an agent!! My question is how to go about gaining the trust of an escrow officer, lender, etc and convincing them to take a chance on me with no experience?? All the knowledge and understanding of my position would be there but I’d be starting fresh. Also, what would the certificate I receive for completing your training courses represent to the client?? In other words, as an analogy to pose this question is, I live in Illinois, so in comparison to an accredited college where credits are automatically transferred, is the certificate received from your course well known throughout the U.S. in that similar type of way? I hope that makes sense, I apologize for any confusion. 😬 Also, how long does it take the escrow officer to pay the agent? The $150 fee for the first loan and $75 for the second loan you spoke of toward the end, is that when your doing two signings for them in a day? Why would the second loan be any less, there’s no less work? Do you find that to be customary at most places?? When asked about an agent charging $25 more for a signing due to further travel she was not willing to pay it but yet very eager to call the next notary; is this a notary she’s worked with before or an unknown? Because that seems a bit contradictory from her statement about hiring notaries she’s not familiar with and receiving below subpar work, It’s like the whole get what you pay for type of thing. I’m just saying that because maybe the drive is significantly longer and possibly bad traffic that could extend the job another hour or so, what’s wrong with asking for more payment due to those circumstances? I hope I’m not coming off as combative or confrontational I just have so many questions and want to know these things.
To answer the question about two loans $150 + $75. This is usually for example a Refinance loan and a HELOC. I had many of those. They are with the same account and person so you'll do it at the same time that day. I hope this helps.
This information is priceless!!! Thank you Mark and Joanne!
Yooo!! So glad you enjoyed this interview with First American Title!! I'm always trying my best to bring you and the Notary community the best tips and tricks for your business!! Let's gooo!!!
Best interview ever! Thank you Mark and Joanne!!!!
You are so welcome!!!
I am so happy you received value from this interview!
Another great interview! It makes sense that Escrow would go with the Notary fee already sent out to client on the Closing Statement! Hello! Now I know to keep fees within their fee schedule and to be consistent with my fees. I don’t know too many people who make $150/hr doing anything else! Let’s Goooooo!
It truly is the best business ever Dawn! Let's goooo!
When going direct how soon in advance do you get the documents to go over before the actual signing?
Yooo!! Great question!! This is a great question! I actually cover this exact topic in my course!!
Here’s my course pricing chart so you can get a side by side view of my three courses- which have all had a massive course update btw!!!
www.loansigningsystem.com/coursepricing.html?
Looking forward to helping you build your business! If you have any questions, please don’t hesitate to ping me here!!
Hi, Mark. Does your system cover how to fill out these additional forms (PCOR, Trust Certification, etc)?
absolutely! I have a 45 minute module on how to fill out all escrow forms and include 'cheat sheets' to bring to your signings with you!
Thanks for your time.
So glad you found this interview valuable to your signing agent business Michelle!!
Does your course also help get NSA certified In our state? Or is this to help build our business? Or both?
Hi Arios! Thank you so much for reaching out, these are great questions!! To answer your question, the NNA is the foremost educational company for notary public training laws and procedures and Loan Signing System is the #1 training for teaching notary signing agents how to build and market a successful business.
I have a whole module dedicated to this topic in my course along with advising you which NNA package to purchase (the best and cheapest way to obtain it!).
And my course has resources to help you best obtain your commission in your state, it goes over the loan docs you’ll face step by step, how to perform a perfect signing, and has training on how to get signing jobs from signing services AND mortgage professionals.
Here is more info about my training course, click below!
go.loansigningsystem.com/get-the-course?UA-cam&
Email me at mark@loansigningsystem.com if you have any questions!!
@@MarkWillsLoanSigningSystem fantastic. I just got my letter that I passed. Just waiting on the background to finish up. But I’m looking at where to allocate my finances. I am on the NNA website and have scene their classes. And you just answered it perfectly. I’ll take your classes as soon as possible.
Can you tell me the form signing agents are supposed to fill out
Hi Christopher! The forms and documents handle are real estate transactions. The specific forms that signing agents need to fill out can vary depending on the transaction and the requirements of the parties involved.
This FREE informational webinar will explain exactly what a signing agent is, why they get paid so much per appointment, how signing agents get jobs and the EXACT steps needed to become a signing agent!
Click below to watch!
go.loansigningsystem.com/training/?UA-cam
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I also gave you access to my 9-step checklist on how to get started! Excited to hear what you think! Ping me here if you have any questions!!
@@MarkWillsLoanSigningSystem hey Mark does your program show you how to explain each document and how to use the software and systems?
Awesome man I just got my license for Texas I hope that comes with a back round check
I’m so happy im a student and can watch the rest of this
So many golden nuggets are dropped in the full version of this!!
I'm honored to have you as a student man!! Rooting for your success always!!
This was very informative, Mark I think your going to have another student soon :-). Never would have thought this could be as lucrative as it is. Awesome......
i am so excited to have you as a student Tiffeny! and yes-there is a ton of business out there-you just need to learn how to go out and get it!! which i will teach you!
so excited to have you as a student!! if you have any questions at all-let me know!
I disagree with Loan Signing Agents or NSA's discussing loan docs with signers. I feel this is a bad idea. Notary Signing Agents must not explain loan documents
because contracting companies want to ensure NSAs do not misdirect the borrower, or worse, create a legal liability for the contracting company or lender. The reason for this is first and foremost, many state laws prohibit nsa's from giving advice or performing any duties that may be construed as the practice of law - particularly as it relates to legal paperwork such as a set of loan documents.
Federal regulations aim to prevent people from giving financial advice as a mortgage originator unless they are licensed as such. Also, section 4.5 of the Notary Code of Conduct - Loan Terms states " The Notary Signing Agent may identify and provide a general description of a loan or payment amount, interest rate, annual percentage rate, finance charge, payment schedule, assumption option, prepayment penalty or any other loan term to a borrower in the closing documents, but may not explain, interpret or provide legal advice about the loan documents or terms. The NSA must be careful what is discussed pertaining to the loan documents that are being signed otherwise they may be opening themselves up to an E&O claim on their E&O policy. This is just my opinion, I am not a lawyer or Loan Originator.
i dont disagree with you!
Generally describing loan docs is what i teach my students!
"Discussing" is another way of saying you should point all relative information that is printed on the document.
A good signing agent can point out information that exist in the paper work so if a borrower has question then it can be answered by the signing agent by pointing out where the
Tammy... I was just about to say the same thing because it can be a sticky situation if the borrower says, "the Signing Agent explained it to me and said!" We are not and have not been trained/certified in full detail as a Loan Officer, Escrow Officer, etc.. I want to be the best at my job but be within the guidelines and regulations.
@@micheleleathers5013 Signing agents can say the Where and the What not the why and the how!
Knowing the difference is crucial!
@@MarkWillsLoanSigningSystem That’s a clear and concise point you just made but your guest seemed to imply that we should somehow be her replacement at the loan signing when in fact we have two different roles. Her job is to explain the details of the documents to the borrower, our job is to make sure the borrower understands what they are signing and where to sign. It would seem to me if the borrower is confused about the terms of their loan that would fall on the escrow officer’s inability to do a thorough job. By the way I am a new student of your awesome program, but not new to loan signing.
@@TheKoolAuntie Love the observation!!
The responsiblity would actually fall on the loan officer not the EO or signing agent!
As you go through the course ill address who should be contacted as the questions out of scope of duty arises!
Welcome to the family!
Great feedback on the escrow side of the business 👍
So glad you found this feedback valuable to your signing agent business Doreen! I can't wait to help you get started!
Great interview, I learned a lot, thank you. By the way, I didn’t realize escrow officers could be so beautiful. 😊
Haha! Glad you enjoyed it!
Notaries cannot explain legal documents. That is unauthorized practice of law. They can however, locate the information in the documents and point it out so the signer is able to read it.
That is why it is so important for notary signing agents to be knowledgable and understand home loan documents! :)
Why don't you tell us more about how you have to be fidelity certified and have 2 years experience? As well as know someone pretty well who will use you since they usually use friends and family only and have a long list of signing agents they update daily. And also, is it true you have to split the commission with the agent signing company who hooked you up with the job?
this is covered greatly in my course and requires more explanation than a simple message back on here.
feel free to call me if you want an in depth answer 619-878-3431
with that being said here are simplified answers to your questions:
1. There are two different types of fidelity approvals. An approval to do fidelity signings through signing services (which does NOT require two years) and another approval to do fidelity signings through fidelity title companies.
Both of these require a "sponsor”-meaning someone has to recommend to be fidelity approved-whether that be a signing or an escrow officer. My course will tell you how find a sponsor.
2. There are numerous ways to get signings. Yes, one is through something called signing services-where they farm the leads and in return they give a signing! I frankly think that is awesome! They do all the work and you just take the signing! Watch this video for more understanding:
ua-cam.com/video/EHlK-HwYd48A/v-deo.html
course like mine will teach you how to work with signing services and directly with escrow so you do not have to split the fee with anyone (but does require marketing)!
Hope this helps!
How do I become knowledgeable in how to fill out the paperwork
Yahoska!! This is a great question!! The great news is that I teach all five types of loan documents you'll face as a loan signing agent in my online training course!
I'll walk you through all the loan docs step by step to help you best understand docs and better your ability to walk the borrower through them! Check out my course on the link below!
www.loansigningsystem.com/premium.html?
Excited to hear what you think!
How many different signing agents does she hire in a week? Or does she just keep her favs in rotation
Every Escrow officer is the same.
They will have there couple 'go-to" notaries but if they are booked-after they usually just hire who is top of mind.
In this market because it so busy due to the lowest interest rates in the history of america escrow officers "go-to's" are usually booked by noon making this the easiest time to ever to market to escrow officers!
Mark, I am a bit confused around the 24:05 time stamp concerning charging the second fee. Are you both stating that the first signing you are given you charge $150, but the second you drop it down to $75 / $100? What would be the reasoning for this and why would it not be the same set rate across the board? Thank you.
This recommended pricing structure is on a "piggy back" first and second. Meaning the borrower is taking two loan out at the same time.
There is no second trip it is one signing two loans ON THE SAME HOME.
the second loan is half the paperwork as well.
does that make sense?
Anyone know where this full video is in the 6 figure course? I cant seem to find it.
The full video is in Section V: Training from mortgage professionals and successful signing agents! :) You can use the search bar on the top left navigation side of the course!
Valuable, valuable, valuable information!!
Glad it was helpful! Let's gooo!!
Is it possible to establish a relationship with an escrow officer if you plan to do this part-time, or are they more interested in signers who have open schedules? Maybe 6 signings max per month.
absolutely! in fact-just had a loan signing system conference, where we had successful part time signing agents discuss this exact point!
most signings appt are on the evenings and weekends, understand even if you were full time most of your appts would be nights and weekends as most borrowers have jobs and work during the day!
you work during the day which makes you available just like home owners who need to sign their loan docs!
absolutely! in fact-just had a loan signing system conference, where we had successful part time signing agents discuss this exact point!
most signings appt are on the evenings and weekends, understand even if you were full time most of your appts would be nights and weekends as most borrowers have jobs and work during the day!
you work during the day which makes you available just like home owners who need to sign their loan docs!
@@MarkWillsLoanSigningSystem Thanks!
Mark Wills omg great because I work full time and am going back to school I was wondering this
Have the fees/appts increased in San Diego County since this video it being 2017 and now 2020 is almost over? Thanks!
at 18:33 I am curious...if you are direct, don't the escrow you work for print the docs for you or is she referencing a LSA who was through a SS?
Hi! Yes that is correct! Going direct means that the escrow officer or other mortgage professional will print the documents for you, and going through signing services means you would have to print the documents yourself!! :)
75% that don't know the forms...ouch! I want to know about other certifications that I can get, other than NNA. I have some of the Fidelity Approval knowledge, but I want certifications that say hey look, she's doing, she's trenching, above and beyond. I want the knowledge of this part of the industry. I want to show Title companies that I am serious and beyond baseline! This is important to me! I plan on a 3rd set in case a page has to be redone...is that normal?
Hi!!!! This is a great question!! This is exactly why I created my course!
After taking my course and passing the Loan Signing System exam, you will receive a LSS Certification! This will allow you to showcase your credentials in the most popular notary hiring databases and show potential mortgage industry clients that you are an educated, effective, and professional notary loan signing agent.
Here’s my course pricing chart so you can get a side by side view of my three courses- which have all had a massive course update btw!!!
www.loansigningsystem.com/coursepricing.html?
Excited to hear what you think!
How many times do you call to set appointment so to not harass the customer? Twice?
So we take your class, pass the exam, how do we get clients for our area?
Glad you asked because that is exactly what I teach in my course!
I will teach you step by step how to get notary signing jobs from signing services and mortgage professionals! I will also show you exactly where to post your certification in order to maximize your income - it contains a list of my top 10 personally recommended signing agent databases and signing services you can register with, as well as an entire DIRECTORY of 300+ signing services across the nation!
All of whom will call, text, and email you with appointments. Not the other way around. :)
@@MarkWillsLoanSigningSystem thank you for getting back to me. How much is your course and how long does it take to complete?
Lots of valuable information. Thanks for the great interview.
So glad you found this video valuable Joseph! And if you think this was helpful, I can’t wait for you to discover all the other tools, tips, and strategies I’ve put together for you in my course… all of which are designed to help you build a lucrative & successful notary loan signing agent business!
What’s first and second? You referred to that in the pricing portion of the video. Does this refer to doing two signings with the client?
Great question!
Some home owners will take a 2 home loans at the EXACT same time.
Also known as a first mortgage and a second mortgage (first and second).
When that happens you can charge two signing fees at the same appt!
I've been notary for 10 months now and it's frustrating how escrow will say this and give 0 feedback. I keep getting work but never really know when i make a mistake.
Hi Robert!! Not all escrow officers are the same. Do what others won’t, go the extra mile, and reach out and ask if there are any mistakes you need to fix on previous documents! Following up is key to getting repeat business :)
Hoping this was helpful Robert! Committed to your success!
@@MarkWillsLoanSigningSystem Yes, I've had alot of signing services experience so i don't see why i can't get more direct. I didnt really think to ask them these things.
I’m confused when you say charge 150 for the first loan and then 75 for the next. How come you can't charge 150 again?
Yooo!! Thank you so much for tuning in and watching this video with Joann!! Hope it brought you insight to what she looks for when hiring a Notary Loan Signing Agent!!
And the great news is I cover this exact topic in my course!! I will walk you through exactly what you should charge and how to get the business business!!
Here’s my course pricing chart so you can get a side by side view of my three courses- which have all had a massive course update btw!!!
www.loansigningsystem.com/coursepricing.html?
Looking forward to helping you build your business!
Hi Mark, thank you for sharing the information! Can you explaining in detail how to packaging.I take you course, but did not find the packaging information!
Thank you very much! you are great teacher!
email me!! i will show you where it is located in the course player!
keep in mind the ENTIRE interview (the one on youtube is only half of the interview) with joann is in the course player!
They should pay us more ! If we are guiding loans for $500k, million plus homes yet they only want to pay of
$175.00 it should be based on the loan amount !
Hi Jill! Signing agents charge for the travel time to and from the borrowers location and for the service of collecting signatures and returning the loan docs to the lender.
That is how signing agents can make up to $75-$200 per hour appointment for that service :)
I am a registered LSS student. How can I see the rest of this video?
Hi Nancy! Great question, thanks for reaching out!
This video is available to you in the bonus training of the course! After you take your exam, you can watch the full interview and get all the information! Hoping this was helpful!
Can you work as an NSA for the title company/Lender directly in the state of GA?
GA is an attorney state-therefore attorneys handle the transaction and are in charge of hiring out NSA's.
yup! and all you need to do is learn how to market to real estate attorneys!
dont forget you can do signings for out of state files that need signed in GA
Does this training apply to all states?
absolutely! the skill set of being a signing agent is the same state to state!
A signing agent is nothing more than a notary that knows how to go over loan documents with a home loan borrower!
the how to get business part varies slightly-that is why it is best to take a course that can teach you proper signing agent marketing!
I am on the process of being notary in Kansas and I want to know everything!!
then lets get this party started! education is the best investment a signing agent can make!!!
she's speaking so low I couldn't hear what she is saying. but you was giving really good information thank you.
i am so happy you got value out of this interview!
With the interest rate hikes I wonder how many annual closings the average escrow officer is doing ?
The best part about the notary signing agent industry is that you can shift your strategy! By getting less signings from one escrow, multiply the amount of escrow officers are in your clientele, you'll still be making the same revenue (even more)!
You can absolutely thrive in this industry regardless what the rates are!
I have a question for anyone, If escrow agents can notarize the documents themselves then why do they need to hire out loan signing agents?
I believe that would be a conflict of interest but don't quote me though. Hopefully Mark can reply and we both get the correct answer, because I'm curious as well.
I need to learn how to fill out forms, but I live in Austin, TX. Any advise?
This is exactly what I cover in my course Francisca!! Click the link below to start learning everything you need to know about loan docs & packaging :)
www.loansigningsystem.com/premium.html
Thank you for this. I'm going to take your class.
you are so welcome!!
i can not be more excited to have you as a student!
This was such a great interview, very insightful! Thank you, for you sharing.
One question, if the docs are emailed to you directly do you charge an additional fee? If so how much? Thanks in advance!
you are welcome!
you do not want to charge for the docs being emailed to you. you could, but there are so many signing agents who do not, that you will lose business solely for the fact that you do!
if you have any other questions feel free to reach out!
Thanks for your prompt reply!
So just to be clear if you print two sets of docs for the borrower yourself (which I know doesn’t happen often) you suggest not charging for that is that right?
Makes sense if you want repeat business.
@@nellsrenteria4122 That is correct!
Any cost you incur printing the docs (paper,toner, etc..) I’m guessing are tax deductible as a business expense, so even tho it might not make you all the expense back, it would help reduce your cost overall. At least that’s what I think, I’m no tax expert.
I dont see how this is true. I contacted escrow offices here in San Antonio and the escrow officers told me they do the closing themselves and don't use signing agents. What to do in this situation?
And that's quite the common impression! Many folks mistakenly believe loan signing agents are employees of the title company simply because the loan signing appointment occurs AT the title company. See, this simply for the sake of convenience - title companies have courtesy conference rooms with big desks and a professional, quiet space for the appointment to take place, free of charge.
The truth is, notary loan signing agents have to be neutral, independent, third parties to the mortgage transaction...
In fact, I've written an article specifically about this topic. It explains why title companies don't use in-house employees as their loan signing agents. I think it's exactly what you're looking for.
Read it here:
help.loansigningsystem.com/hc/en-us/articles/360036537191-Don-t-title-and-escrow-companies-simply-hire-in-house-notaries-Is-there-even-a-need-for-mobile-notary-loan-signing-agents-
Let me know what you think! I'm excited to help you get started!
@@MarkWillsLoanSigningSystem I'm a full time realtor and today I emailed many different escrow officers from different title cos and asked them if they use loan signing agents and they all said we only use them if the client is out of town or they themselves are out of town. They (escrow officers) all do their own loan signing they told me and there is no conflict of interest. Even when I attended closings on behalf of my real estate clients there was never a loan signing agent present. Just myself the client and the escrow officer doing the loan documents. So how am I supposed to get escrow offices to use me if they just do it in house like all the different title cos told me they do?
This is exactly what I teach in my course! Because signing agents are the best kept secret in the real estate industry, that not much mortgage professionals even know that this exists! I teach you step-by-step how to market yourself to escrow and real estate agents with a word-for-word script on how you can bring value to their business by perfecting the loan signing for them :) I also teach you how to stay top of mind so that you get business even if they use in-house notaries!
I’m constantly telling people that real estate agents are in the most advantageous spot to build a loan signing business because of their professional experience - I can show you exactly how to leverage your contacts in the industry to create a busy stream of high-paying loan signings FAST.
To learn more about how real estate agents can make great money as notary loan signing agents, check out this helpful resource:
www.loansigningsystem.com/blog/why-a-real-estate-agent-can-make-great-money-as-a-notary-public-loan-signing-agent
If you have any further questions, message me through the support button on my website... I'll put you in touch with some helpful resources and set up a call where I can explain how it works in depth. I got you covered! :)
Taking notes because I’m studying my LSS and NNA certification and I’m coming for ALL of the directa around my neighborhood 🤑🤑🤑🤑🤑
Yes!! I'm so excited for you Natalia! Take all of the notes and write down these great nuggets :)
So , they don't care that your traveling further and using your time and gas to complete a signing? So are you saying notary's time and effort isn't valued or appreciated. I'm sorry, maybe I missed something . Please explain. Thank you.
hi aza!! so understanding how the process works is key to understanding that it has nothing to do with not caring or not valuing the notary.
the first distinction we need to make is when you get business directly from an escrow officer you keep the ENTIRE signing fee. you don't split it with the signing service, so you keep the $150, $175, $200. that should be enough for gas and your time! its the best part of bypassing the signing service and thats what i teach!
however the bigger detail that signing agents need to understand is once the signing fee is disclosed on CD (closing disclosure) by the lender it can NOT be changed. so it has nothing to do at all about not caring or valuing the notary, they just cant give any more money by law! TRID prohibits any fees changing once they have been disclosed. point is, even if they wanted to give you more they can not.
even with that being said, $150 for a signing is amazing money.
a busy signing agent is an educated signing! thats what i teach.
Also, Joanne did mention that they don't like to be nickled and dimed.
Aza Amore see, because of the TRID guidelines. The notary fee that is listed on the loan docs can not be changed.
Once disclosed, by law-it can’t be changed. so it has nothing to do with not valuing the notary’s time.
It understanding that by law that can’t give more Than what has been previously disclosed
If you have any other questions please ask :-)
Lush Studio working directly
With Escrow, as I teach, is different than working with a signing service.
The signing sets a price and you can negotiate with them.
You can’t negotiate with a lender if it has already disclosed a notary fee.
So unfortunately if the drive is far because of unfortunate circumstances, the Escrow Officer can’t offer more money.
That’s all. Knowing how the business works is key to getting business.
That’s what I teach!
If the signing location is far away, you negotiate the rate of pay before you accept the assignment. You must not accept the assignment then afterwards decide that you should have asked for more money so you call the Title company and tell them you changed your mind and you wont do the assignment without more money. It's too late then. Ask them a few questions before accepting the assignment.
It's signing services who often won't give you what you are worth. The title company will give you $150.00 for a signing, but the signing service might offer you $50.00 for the same type of signing. You will not make any money if you accept less than $100.00.
Mark Wills where can we get some information on your course?
Hi DD! Here is more information about my course! :) Click the link below:
www.loansigningsystem.com/premium.html
Hi Mark Looking for the video on the FB private page. But having problems finding it. Where could I find the rest of the video : ) I recently signed up.
Hi! I'd be happy to help you with that. Simply submit this request formally to me by clicking the 'Support' button at the bottom of my main website - www.loansigningsystem.com/. I'll get to it as quickly as I can.
Thanks!
Hello Mark,
When I sign up for your course, will I be a notary and a notary for signing loans too?
Hi Joann! My course solely focuses on notary signing agent training, but I do provide you with resources on how to best obtain your notary commission + notary training!
And the great news is.. you do NOT need to be a notary before becoming a Loan Signing System student. You can get started any time :)
Yes! The same commission you received to become a notary for your state is the same commission you will need to do loan signings. There is no separation. Loan signing is a specialized service performed by a notary. While it’s not mandatory by your state to perform a loan signing, most title companies prefer to work with certified notaries with this specialized training. Hope this was more specific. I’ve been a notary for 15 yrs.
good interview. Extremely helpful.
Who makes more money? A escrow officer or a notary signing loan agent?
Hi Jose! The earnings of an escrow officer and a notary signing agent differ due to factors like location, experience, and opportunities. Escrow officers, involved in real estate transactions, may have a salary with bonuses or commissions. Notary signing agents, responsible for loan signings, typically earn fees per signing. Success for both depends on market demand and networking
And the great news is...
In my course, I've taught thousands of students who've created successful signing agent businesses.There truly hasn’t been a better time to get started as interest rates are continuously dropping and the demand for signing agents are skyrocketing!! 🚀
Now is the time to go all in!
This FREE informational webinar will explain exactly what a signing agent is, why they get paid so much per appointment, how signing agents get jobs and the EXACT steps needed to become a signing agent! Click below to watch!
go.loansigningsystem.com/freeresources/?UA-cam
I also gave you access to my 9-step checklist on how to get started! Excited to hear what you think! Email me at mark@loansigningsystem.com if you have any questions!!
Omg help I just signed up in az for becoming a notary
Hi! I'm so happy to hear you just applied to become a notary in AZ! You’ve actually completed the hardest part of being a notary signing agent! Now all you need to do is learn the loan documents you’ll be working with, how to do a signing with a home borrower, and how to get loan signings to make money.
And the great news is you actually do not need to wait for your commission to come in before taking my course! You can get ahead of the learning curve today, that way you’re ready to hit the ground running once your commission comes in the mail :)
I can teach you step-by-step how to make $75-$200 per hour-long appointment as a loan signing agent, before you even have your commission!
Getting started is easy! Here is the course I recommend best for you:
www.loansigningsystem.com/premium.html
I look forward to helping you grow your notary signing agent business!
@@MarkWillsLoanSigningSystem I am excited I hear your name on every video I watch
Why can't the borrower get a copy of the documents via email?
If Escrow officers only want to work with someone they know. Then how will we even get a chance?
When those people are busy and you're available and do a great job you can build rapport
@@raqueljusteen I appreciate & understand your response but that seems like a very serendipitous way to build one's business. I get it, you are your Brand but how are you supposed to "break through?"
@@michelebradley7813 I can't think of a business that doesn't have to build trust and show proof with it's clients before getting consistent business with them. Find the opportunity to do so and then perform. Best of luck!
Hi @MarkWills I live in Washington State and the rules here are so different! I was told that agents here do not fill out forms, is that true? also it;s not required to take a class on notary But I want to be very informative on being a signing agent. also is it true that washington state has a very very low maxium that you can charge. I will be taking your course next week and can I get certified thru you or do I just go to NNA? Thank you
Hi!!
First off-i am so excited to have you as a student!!
so-you are correct-YOU NEVER fill anything out.
Only the borrower does but you can ensure they do by guiding them to fill out the forms and only educated signing agents can do that.
here is a video to explain why we dont charge as "notary publics' but as signing agents:
ua-cam.com/video/KuXQa8N-kLo/v-deo.html
Take my course before the NNA's-I will tell you what to take and when to take it!
i got you!!!
lets gooo!
Interesting that you’re pointing out responsibilities that the notary training states is not allowed...
It's the best kept secret that most people don't know about! I share all tips and nuggets in my course :)
Hi Mark! I’m currently finishing up the NNA signing agent course and I’m considering taking your course. What exactly do you mean by filling out the documents? Aren’t they already filled out?
There are a few documents in the package that the borrower must fill out at the signing. You will explain to them what the document is and make sure it's done correctly. An example is the AKA statement. This statement shows different ways the borrowers name came up in the credit check. Example: John Jones, John A. Jones, Jonathon A Jones. Those are printed out on the page. The borrower must sign next to each of those name variations just as each appears. At the bottom of the page they sign that they are one and the same. (John Jones is the same person as John A. Jones and Jonathon A Jones.)
This guy is always selling things. He's not passionate like the other guy
www.notarycoach.com/p/course
I signed it and had a very REALLY VIP Treatment
I am looking into getting certified as a Notary Public I am in Northern California, is that training part of your system? In California to be certified I have to take a class. Is that class included in your system?
In California are there other requirements to be a loan signer? Also I live very rural. Is there enough action to make great income ?
Hi Ceanne! thank you for reaching out! I do not do notary training as i teach notary publics how to make money as signing agents!
BUT!
in the state of CA, you can DIY your notary commission and my course will come with those instructions!
as far as "rural" all you need is homes to make money. Rural areas have homes that get bought and sold every day!
The ONLY requirement to be a signing agent is to be a notary public 😀
Brand new to the notary profession, but I do have a commission and supplies. What do you recommend as my first course of action? Question answered at the end of the video. Thx.
Welcome to the industry!
Your first course of action is to take my course!
click this link:
courses.loansigningsystem.com/courses/premium
If you want to learn from me and actual escrow officers, mortgage officers and real estate agents then this is the course for you!
What are the available sites to sign up for where the public will be able to view and choose you? One of them is 123 notaries I believe.
You are based in CA, but does your class helpful for agents in PA? I’m sorry for a silly question. I hear great things about your course and am almost ready to take your class.
No need to apologize, Julian! I'm here to answer any questions you may have! I have students from coast to coast, Pennsylvania included! PA is absolutely crushing it in the loan signing agent business! In fact, I have an interview with an LSS student who is making over $4,000 a month in PA! He is now part of the 10K club meaning he makes $10,000 a month!! Click below to watch his interview!
ua-cam.com/video/VJZGhJdyKYY/v-deo.html
Let me know if you have further questions! I'd be honored to have you as a student and part of the LSS family!
I’m in NY and explaining what a loan document means is practicing law which we are not allowed to do, and we could be accused of criminal contempt. At least that’s what I’m learning while preparing for the notary exam.
Hi S! There is a huge difference between a regular notary and a notary signing agent!
A notary loan signing agent is a notary public who witnesses signatures and knows how to walk a borrower through the set of loan documents that secured their mortgage transaction. This includes pointing out what is mentioned in the loan docs.
Fortunately, I've created a helpful resource that explains what the difference is between a notary and a loan signing agent.
And it is a huge difference because signing agents can make up to $75-$200 per hour appointment - unlike regular notary publics who can only charge a few dollars per signature witnessed!
Here is the link:
help.loansigningsystem.com/hc/en-us/articles/360036467671-What-is-the-difference-between-a-loan-signing-agent-and-a-regular-notary-public-
@@MarkWillsLoanSigningSystem Thank you! I'll check it out!
Is it appropriate to charge more for translating English/Spanish?
Sylvia Alexander we definitely should. It’s a pain in the ass sometimes
notary fees are regulated and in CA notaries are limited to $15 per signature. Explain how you will earn $xxx,xxx.xx per year?
Notary is different from a loan signing agent. He specifically discussed this in detail.
What do you mean package documents?
Kentucky is an attorney state so would this still be a good thing for me to do?
Absolutely YES! Many Loan Signing System students have used the tips and strategies they learned in the course to make thousands of extra dollars each month in attorney states across the nation.
And great news.. we have an entire attorney state Facebook group for students! The success group has resources that are helpful for making money, specifically in your attorney state. Once you have enrolled, you will have access to this group!
In fact, three Loan Signing System graduates in attorney states, North Carolina and Alabama, now steadily make great money using what they learned in the course. Click on the link below to hear their success story!
ua-cam.com/video/UrOmvomUtWM/v-deo.html (Dylan)
ua-cam.com/video/TvJJ5OA0CL4/v-deo.html (Debra)
ua-cam.com/video/Bd77F8Ew12o/v-deo.html (Sherry)
I can teach you step-by-step how to build your business in the exact same way.
Looking forward to helping you get started, Austin!
Thanks for replying mark! I got your course and will be starting it soon! I was just trying to figure a couple things out because some things say Kentucky is an attorney state but then I’ve spoke to a couple notaries in Kentucky who say it isn’t so I was just trying to clear things up! I’m excited to get the course going and get started helping people and making good money! Shoeing horses has been hard on me, good money yes but super hard and I’m looking to do something a little easier on me!
@@a_tiptruck15 You are so welcome and i can not be more excited to have you as a student!
As a Notary Signing Agent, can I charge extra for interpreting in other languages at the signing? I dealt with Spanish only and French only signers. Also, what can you charge when you have one loan with 6 signers?
What's up Michael! Great question! As a loan signing agent, you don't get paid extra for language translation or multiple signers... but you DO get paid a higher fee depending on who you receive your loan signing appointments from. And landing the clients who pay you the highest fees in the industry is exactly what I teach in my course :)
How do I do that? I am a new notary and I don’t know where to start?
I was checking signing agent for MN and there was nothing, what does that mean?
Very interested in the training and this business. What type if state is IL? Are there students from IL?
I’m also from Illinois and very interested.
How much do they pay if you walk in
Signing agents get paid different prices for different types of signing appointments! They can make up to $200 per hour long appointment when getting direct business from an escrow officer!
Not only do I cover this in my course, but also provide my students with a price list on what they should charge for their services :) I can't wait to teach you too!
It varies. On our personal refi in 2021, in WA state, we paid $250 for the mobile notary fee.
Hey Mark, thinking about buying your course. Do you go over the business side of being a signing agent? I’m struggling to find information on if I have to be a sole prop, LLC, etc to legally work as a signing agent. Obviously this would create more steps than just get your notary commission and training
Absolutely! I not only teach everything you need to know about loan documents & signings, but also how to create a lucrative signing agent business! Can't wait to teach you too!
The great news is you do not need to have your notary commission before enrolling in LSS, you can get started today!
Hi mark i am planing to be a notary public but i am mom to one year old. But every time i watch your videos i fell in love with becoming a notary and signing agent more and more.do u think i should do it or wait until my baby a little older.
Hi Samia!!
allow this interview to inspire you:
ua-cam.com/video/_pScBQaxk0s/v-deo.html
@@MarkWillsLoanSigningSystem thank u very helpful.
Great interview
So glad you enjoyed this interview Chantelle!
And if you think that’s helpful, I can’t wait for you to discover all the other tools, tips, and strategies I’ve put together for you… all of which are designed to help you build a lucrative & successful notary loan signing agent business. :)
Let's goooo!!
What if your new to the signing industry
Ann! In my course, I teach you how to get your foot in the door as a new signing agent :)
I guess I could always google it, but what is the NNA? Is that a Cali thing? Also, I live in DC, is your course only specific Cali?
Hi! great question! it is stands for the "national notary association" which is a very respected Notary Association in the industry!
secondly, being a signing agent isnt relative to a state-the fundamentals of being a signing agent is the same in every state!
Some Escrow officers don't want you to package.
Then that's one less thing you have to do. It's all about knowing what your customer, in this case the Escrow officer, needs from you. Some prefer that you package, some don't. That's why it's important to develop a working relationship with them, both sides know what to expect.
However, just because some don't require you to package doesn't mean you shouldn't know how. Who knows? The next one you work with may want you to package the loan docs.
I’m an escrow assistant, and none of the officers in my office ask the notaries to package the loan docs. We just ask that they are returned to us in a neat stack, and notarized/completed correctly and accurately. We’ll package the docs and send them out, especially since where I live exactly half of the city is Indian Leased Land and requires more steps before documents can go to the title company for recording.
This was really helpful ty
So glad this was helpful Christina!! I can’t wait for you to discover all the other tools, tips, and strategies I’ve put together for you… all of which are designed to help you build a lucrative & successful notary loan signing agent business :)
Wow now this was a pretty good interview 🙌 I'm learning so much from your channel
maliboo thank you! If you love what you get for free on my channel. Imagine what you learn when buy the loan signing system course!!
Click the link in the video!!
Can you work for a title company or be an actual escrow officer and be a loan signing agent?
You can ABSOLUTELY be a notary loan signing agent and an escrow officer/work for a title company at the same time. No conflict of interest exists in that regard.
The only stipulation is that you can't act as the loan signing agent on your own deals, as that's where the conflict of interest comes in.
Can't wait to help you get started Stephanie!!
Can you be both an Escrow Officer and a Loaning Signing Agent?
@4Bunmiite O if you don't mind sharing , what steps did you have to take to transition to Escrow Officer? How long were you an LSA before converting?
@4Bunmiite O thank you so much for your response. This is incredible info. I'll be taking the NP and LSA training and certification tests in a single setting hoping to jumpstart my LSA career.
Wishing you continued success in all you do. I can tell you have a wonderful spirit that attracts wonderful things!
In our state you can’t notarize documents where you are an interested party of. It’s a conflict of interest. But check your state’s laws to get clarification. However, if you work for a company and you are the office notary and an escrow officer notarizing another escrow officer’s loan that you are not apart of, then that is ok. This is just another perspective.
Knowledge is power, and the first step to ability is availability. Got it. I have to be on my game then.
Couldn't have said it any better! I believe in you!
so, i don't have to obtain my cert from NNA? s i see others with Lower price range than what NNA offer?
technically you don't have to any thing but a notary commission to be a signing agent.
but i do recommend, to maximize your income as a signing agent, to obtain their $65 dollar background check that comes with their certification.
Ill have all links in my course to what you need to make the most money as a signing agent.
Mark thank you for this very insightful interview. I have a question about the 2nd signing. I'm not sure what that means are you referring to more than one signing in a day or the 2nd signing of another loan with the same customer?
you are welcome Sylvie!
Some borrowers get a 1st mortgage (a typical refinance or purchase) and then a 2nd mortgage (typically a Home Equity Line of Credit) at the same time. Therefore the notary signing agent would be effectively doing two loan signings at the same time with the borrower. In that scenario it is appropriate to charge more!
@@MarkWillsLoanSigningSystem Makes perfect sense. Thank you so much. I appreciate all of your videos they have been very instrumental in helping me decide if I want to take this career path.
Can your course cover the process and the laws for states like ohio
Hi Cory! one of best students is ohio!
first let me cover, that i don't cover notary law, i simply teach notaries how to make money as notary signing agents. in my course i give you a link who i recommend to help understand your notary laws.
What i can say is, that i will train you so you never cross any lines while doing the signing process with a borrower!
but as important i ll show you how to market your business in Ohio!!
Hi Cory! one of best students is ohio!
first let me cover, that i don't cover notary law, i simply teach notaries how to make money as notary signing agents. in my course i give you a link who i recommend to help understand your notary laws.
What i can say is, that i will train you so you never cross any lines while doing the signing process with a borrower!
but as important i ll show you how to market your business in Ohio!!
so do signing agents get the documents well ahead of time before meeting with the buyer?
hi susan! sometimes you get can get a day notice and sometimes you may get them an hour before. there isn't a exact time every time!
ok thanks
When you are a new signing agent, don't ever accept an assignment where you only have an hour or two to prepare. You will mess up the signing. After printing out 2 sets of documents you must look through all the documents and make sure they all printed out, you must make sure the names are spelled correctly on all documents. You must make sure the property address is the same on all documents. Lots of things to do to prepare prior to doing an assignment.
Ok I’m subscribed now..
Welcome to the LSS family Quizzy! I can't wait to help you build your business!
@@MarkWillsLoanSigningSystem man I just bought your course thanks man you will be the reason I provide for my family!!!
@@quizzyondemand My man!!!! I am so excited for you!!! Ill be here every step of the way!!!
Congratulations and ill see you in class!
Lets goooo!!
How common is it for a escrow officer to also do loan signing on the side for extra income
it is very UNCOMMON for escrow officers to be their own signing agents for a handful of reasons.
But the main reason is as follows:
According to notary law-you can not notarize any document that you have financial gain from.
escrow officers make commission off of closed files, so there for they can not be the notary on the file.
Essentially can not be the notary for the same reason a real estate agent can not be the notary on the file.
@@MarkWillsLoanSigningSystem I just bought your course this year, loving the the information so far and hope to start next month. But anyways, my husband just sold his investment property and since we are married I had to sign off on the docs. When we were finished I asked the person who notarized the documents what her title was and she said she was the escrow manager. In my head, I was like I didnt know they could notarize the documents.
@@minicamini04 independent escrow companies fall under a different license than bigger escrow companies like fidelity where they are not allowed to do their own signings.
It is very uncommon for this to happen!
I am so happy to have you as a student!
@@MarkWillsLoanSigningSystem Thanks for replying back. You think I should stay away from marketing direct from independent escrow companies?
@@minicamini04 I do NOT!
What if there was two appointments happened when you signed?
they needed another signing agent available.
No matter how good a signing agent is they can only be at one appt at a time.
And there are hundreds going on at any one time where you live.
Since you are student, use the FB group to get a hold of me! you can ask my anything in there at anytime and i much more active in there!
I seriously don’t know what you mean when you say that a notary is an extension of the escrow officer.
They have completely different jobs.
Hi June! By extension, I mean that a notary signing agent represents the escrow officer, the company, or the signing service that they are doing business for! :)
So by providing the best customer service and signing experience for the borrower, it looks good on the escrow/company as well!
Notaries are not allowed to explain forms/documents or offer opinions on forms/documents, it's literally considered Unauthorized Practice of Law. This lady expects notaries to engage in misconduct... Notaries' primary function is to identify signers!... not assist in explaining escrow docs!
agreed FULLY!
However - a notary can point to information that exist in the paperwork to answer a question that a borrower has.
a notary CAN also point to information to a borrower to inform them what that piece of paper is saying.
They can point to information that exists. they can show the 'what' but they can not explian the "how".
What exactly is considered to be a clear background? No felonies, misdemeanors?? Thanks.
hi there!
so the state you are in will require a background check and each state has their own criteria.
id hate to say specifically what your state requires, but the best rule of thumb is-no felonies, one should be good to go.
@@MarkWillsLoanSigningSystem thanks so much for the response. I will be ordering your program this week!!!
You are welcome!
excited to have you as a student! if you have any questions until then, please dont hesitate to reach out!
mark@loansigningsystem.com
Crazy the he has only 12k subs
Here's a question why do 150 the first time and than go 75 the second time . Arent you losing money from that .
Tyiebbe Wells hi there! We are taking about a 1st mortgage and a second mortgage. Some home owners take out two mortgages at a time. If that is the case. You would charge $150 for the first loan and $75 for the second loan. You would sign them at the same time. Effectively make $225 for one signing appointment.
Tyiebbe Wells The “first and second” they’re referring to are first position and second position loans. They are signed at the same time, during the same signing. Usually the second position loan (aka second mortgage) is a much thinner stack of paperwork.
@@KevKevAllen Thank you for explaining! :)
@@MarkWillsLoanSigningSystemthank you for that clarity. I had scanned the comments but didn't find this answer until AFTER I messaged the same question. I was not aware that 2 mortgages could be taken out at the same time. Just started your course a couple days ago. Looking forward to learning and earning. Thank you!
@@MLBLrawbeliever you are welcome!!
excited to have you as a student!
Lawyers say you are not supposed to interpret any contract.
agreed, however...
Pointing to a piece of paper and reading out loud what is on that piece of paper is NOT interpreting it is simply ...reading.
If a piece of paper has printed on it that the interest rate is 4.5% you can state and say out loud the interest rate 4.5%.
It literally says that on the piece of paper.
understanding what lines you can and cant cross is what makes a good signing agent!
if you any help-let me know!
You are not being correct LEGALLY REGARDING NOTARY LEGAL AUTHORITY. A notary only VERIFIES SIGNATURES ! When a notary acts as your describing... they must be an Employee or Contractor hired to take on assisting and/or proof reading any legally binding written document for any document principals. If they (Notaries) are acting outside Signature Verification (as a paid agent for any person or as an employee) they are legally responsible for any errors or ommissions. Make sure as Notary, you have written contracts for services rendered In such situations; as otherwise they MAY BECOME liable for damages or expenses they cause inccured personally. According to local law such NOTARY could also be cited as "Practicing Law without a valid License ." Beware of all jurisdiction laws !
there is a distinct difference between describing a loan document and pointing out information that already exist on a piece of paper.
if a piece of paper states your interest is 4.5%.
YOU CAN READ THE SENTENCE THAT STATES YOUR INTEREST IS 4.5%.
You can read and point to a sentence that is preprinted.
If you have read the signing agent code of conduct-which is the study guide on what a signing agent can or can not do (here is a link to it in case you have not read it (signingprofessionalsworkgroup.org/code-of-conduct/).
section 4.5 states: a notary signing agent may identify and give a general description of a loan payment amount...or any other loan term to a borrower"
Knowledge is power and knowing what line you can or can not cross is what makes a signing agent successful.
I concur with your statement!
I am sorry for the newcomers that believe everything this guys are telling.
Both of them are inaccurate. The job of a Notary is to make sure that the person who is signing is the same on the document and has to have a valid government ID with a picture to prove identity. As a Notary you are not to explain what the document says, because we have no clue what those documents say - the notary is not involved in the creation of the documents. The notary is not the extension of the escrow officer! The notary is not the assistant of the escrow officer as she seems to think.
I am a super experience notary and I would not explain loan documents because that is a liability for me should I not convey the correct information.
Trust certification is for the borrower to complete and the escrow officer to assist them in the fulfillment since the escrow officer is provided with the trust document ahead of time and they never do. The notary doesn't know what the trust says nor has the time to read the document and figure out who the parties involved in the document are.