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Package Deal of NOTARY SIGNING AGENT Question and answers 2023

Section 11: Completing The Job correct answers 100+ rated Exam (elaborations) Section 10: Presenting The Documents for Signing guarantee 100% rated Exam (elaborations) Loan Sign Notary question and answers A+ rated Exam (elaborations) Loa Sign question and answers 100% rated Exam (elaborati...

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NOTARY Signing Agent Certification Rated A+

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NOTARY Signing Agent Certification Rated A+ Who are the stakeholders in the loan process? The stakeholders in the loan process are: the borrower, the lender, the contracting company, and the NSA(Notary Signing Agent) Who hires an NSA? An NSA is hired by a contracting comp...

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Notary Signing correct question and answers rated 100%

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Notary Signing correct question and answers rated 100% acknowledgement notarial act where the signer admits to notary that he signed doc, that he understands the contents of the doc; and that he is aware of the consequences of executing the doc by signing it. signer indicates that he signed of ...

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Signing Notary Question and answers rated A+

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Signing Notary Question and answers rated A+ Why do some Mortgages Signing Agencies require Mortgage Signing Agents to submit a Live Scan Fingerprint Background check each year. Lender need to make sure that consumers and their financial information which is entrusted to Notaries remains protected...

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Notary Signing correct answers rated 100%

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Notary Signing correct answers rated 100% HELOC Home Equity Line of Credit Construction Loan A short-term, interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses or is converted to a mortgage. Reverse Mortgage ...

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Notary Signing correct answers rated A+

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Notary Signing correct answers rated A+ Notary Signing Agent A notary who specifically trained to handle and notarized loan documents; plays a critical role in many mortgage transactions nationwide The Five Requirements The created five standards required of all NNA NSA candidates: 1. Sig...

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Notary Signing question and answers rated A+

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Notary Signing question and answers rated A+ A Notary Signing Agent is required to have a background screen when? Every year to maintain industry standards When should the notary signing agent ask if the date and time of the signing appointment has been set and also if there are any additio...

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NSA Notary correct answers 100% rated

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NSA Notary correct answers 100% rated A Notary Signing Agent has been providing signing services with no incidents for over 10 years without having undergone a background screening. Therefore he or she: Must still obtain and pass a background screening A Notary Signing Agent with nearly 10 ...

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Notary Signing question and answers rated 100+

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Notary Signing question and answers rated 100+ 1003 - Uniform Residential Loan Application Standard form completed by borrowers when applying for a mortgage loan. A borrower lists all assets and liabilities on the form, also includes a section for income, including two years of employment history ...

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Loan Signing correct answers 100%rated

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Loan Signing correct answers 100%rated Before you can notarize ones signature, what are the basic requirements? The signer must appear before you-no exceptions. Why is personal appearance important in notarizing? Are who they say they are, signing at their free will and know what's happen...

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Notary Signing Agent Code of Conduct correct answers rated A+

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Notary Signing Agent Code of Conduct correct answers rated A+ GUIDING PRINCIPLE 1: QUALIFICATIONS The Notary Signing Agent will satisfactorily meet and maintain all qualifications necessary to perform signing services GUIDING PRINCIPLE 2: NOTARIZATION The Notary Signing Agent will follow ...

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Loan Signing correct answers rated A+

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Loan Signing correct answers rated A+ Borrower (Mortgagor) An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title The document that gives evidence of ownership of a property. It also indicates the...

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loan signing notary cards correct answers rated 100%

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loan signing notary cards correct answers rated 100% What is a notary public? A notary public is an official appointed by the county or state after his/her documents and examination results indicate his/her suitability for the job. A notary public has power to: Administer an oath and affi...

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Signing Agent question and answers A+ rated

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Signing Agent question and answers A+ rated what 2 things does every borrower want to know? 1. how much will this loan cost me 2. how much will my monthly payment be what is the correct order of the documents you show to the borrower first? 1. closing statement 2. note 3. payment letter...

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Loa Sig correct answers rated A+

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Loa Sig correct answers rated A+ A notary Signing Agent is asked to describe several of the loan terms at a signing appointment. The Notary Signing Agent may: Provide only a general description of the loan terms A Notary Signing Agent has been providing signing services with no incidents fo...

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Notary Signing Agent 2018 Reloaded correct answers 100% rated

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Notary Signing Agent 2018 Reloaded correct answers 100% rated When would the Right of Rescission period end if refinance documents for a borrower's primary residence were signed on Thursday, October 25th at 8pm? Monday October 29th at midnight Which document(s) specify the interest rate be...

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Arizona Notary Signing Agent question and answers 100% rated

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Arizona Notary Signing Agent question and answers 100% rated Borrower's Certification Authorization This document certifies all of the information provided in the loan application is true and complete. Compliance Agreement This states that if there are any typographical or clerical error...

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SnapDocs - Notary correct answers A+ Rated

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SnapDocs - Notary correct answers A+ Rated When would the Right of Rescission period end if refinance documents for a borrower's primary residence were signed on Thursday, October 25th at 8pm? Monday October 29th at midnight Which document(s) specify the interest rate being charged for a l...

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Notary Signing Agent Procedures questions and answers 100% rated

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Notary Signing Agent Procedures questions and answers 100% rated California requirements for thumbprints for loan packages Required by law to get a thumbprint every time a notarization is done for a loan package for anything having to do with real property title Purpose of using colored st...

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Loa Sign question and answers 100% rated

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Loa Sign question and answers 100% rated The Note is the loan agreement, and it outlines the terms of the loan. True One part of the "TILA- RESPA integrated Disclosure" (TRID) rule that affects signing agents is the: Closing Disclosure, which consolidates the Truth-in- Lending (TIL) disc...

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Loan Sign Notary question and answers A+ rated

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Loan Sign Notary question and answers A+ rated Escrow Transfer Account This form must be signed by the borrower if the lender has an escrow account. This document instructs the previous lender to send any funds remaining in the escrow account to the new lender when the mortgage is paid off. ...

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Section 10: Presenting The Documents for Signing guarantee 100% rated

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Section 10: Presenting The Documents for Signing guarantee 100% rated The recommended first item of business is to give the borrower his copy of the documents in the loan package. False A Notary Signing Agent should state, for the borrower, the Notary's exact role and limitation of authori...

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Section 11: Completing The Job correct answers 100+ rated

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Section 11: Completing The Job correct answers 100+ rated Upon completing the signing, a Notary Signing Agent should notify the hiring company using any "job completed" procedures established by that entity. True Requests for "scan backs" aren't time-sensitive; those can be prioritized...

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