Eva's Mobile Notary - Traveling Notary Public and Apostille Services
RSS Follow Become a Fan

Most Popular Posts

Refinance Affidavit and Deed Errors Prevalent
What is a Power of Attorney?
How to Negotiate Real Estate
Open for Business
State Laws and Extra Notary Certificates

Categories

Investment Property
Loan Signing
Loan Signing Agent
Mobile Notary Public
Notary Public / Certified Loan Signing Agent
Office Etiquette
Power of Attorney
Real Estate
Signing Agent

Archives

May 2019
November 2018
September 2018
May 2018
December 2017
November 2017
October 2015
May 2015
October 2014
June 2013

powered by

My Blog

California Notary Public Signing Agent

Notary Signing Agent
Phonetics: no-ta-ry sign-ing a-gent
Function: noun

Before the 1990's, Notary Signing Agents were virtually unknown. Borrowers were expected to travel to the office of a lender, escrow agent or title firm to complete a loan. However, during the past decade, increasing competition in the lending market, a massive volume of refinancing and home-equity loans and demand for faster, more customer-friendly services changed how loan transactions are conducted. Lenders now strive to make transactions as simple as possible and reduce a borrower's travel time during the work week. Therefore, the Mobile Notary came into existence. Another motivating factor for the lenders is that the Notary can eliminate the necessity for the borrower to take up the lender's time during the signing, hence freeing up the lender's schedule for focusing more on creating more loans. A Notary Signing Agent can point out which page certain pieces of information are on. However, the Notary Signing Agent or "Signer" can not explain the terms of the loan or explain documents since that could be considered giving legal advice which is not legal unless you are an attorney of law. A Notary Signing Agent is not a real agent as they are almost always an independent contractor who is self-employed. It is prudent to inform the borrowers that you work for yourself and have no involvement with the lender outside of assisting signing the documents.
Website Builder provided by  Vistaprint