Notary Signing Agent Bundled Exams with complete solutions

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 - A loan based on the equity in a home t...

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 additional stipulations needed to complete this closing?...

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 affirmations and take depositions and affidavits; Certify co...

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 his own free will. taken from signers of documents suc...

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 and secure. Lenders are ultimately respon...

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. Signing and adhering today the notary signing ag...

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 happening. How do you review a document? - Make...

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 rights of ownership and possession of the...

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 company to provide signing services and oversee the actual loan signi...