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2024 NOTARY SIGNING AGENT CERTIFICATION EXAM / NEWEST NOTARY SIGNING AGENT ACTUAL CERTIFICATION EXAM 2024 REAL TEST QUESTIONS AND CORRECT VERIFIED ANSWERS (A NEW UPDATED VERSION) |ALREADY GRADED A+ (BRAND NEW!!)$20.49
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2024 NOTARY SIGNING AGENT CERTIFICATION EXAM /
NEWEST NOTARY SIGNING AGENT ACTUAL
CERTIFICATION EXAM 2024 REAL TEST QUESTIONS AND
CORRECT VERIFIED ANSWERS (A NEW UPDATED
VERSION) |ALREADY GRADED A+ (BRAND NEW!!)
What basic steps are involved in prepping the documents for
the signing appointment? - Answer-1) look for aspecific lender
instructions
2)Use the prep sheet to organize the packet into note the
stacking order
3)Check in flag the documents
4)Compile a list of questions for the contracting company, if
necessary
What information should you look for in the lender
instructions? - Answer--Who to call with questions during the
signing
-what you should collect from the borrowers
-Number of copies to print
-ink color of the pen
-Special initial or signature instructions
,How do you check and flag documents? - Answer--Place a sticky
note at the beginning of each document
-Maintain the stacking order
-Place the closing disclosure or HUD-1 on top
-Look through every page in the packet and place a sticker for
each signature/initial/date
Where are the critical documents? - Answer--Closing Disclosure
-HUD-1 Settlement Statement
-Truth in lending Disclosure
-Deed of Trust
-Note
-Notice of right to cancel
Where are the common documents most likely to be notarized?
- Answer--occupancy affidavit
-signature/affidavit
-Compliance Agreement
-limited power of attorney
, Occupancy Affidavit - Answer-The Occupancy Affidavit is for the
borrower to swear that they will be living in the property they
are borrowing for rather than leasing the property to a third
party. ... The Occupancy Affidavit is one of the documents in
the loan package that is always notarized with a Jurat.
Signature Affidavit - Answer-Signature Affidavit is a document
in which a person certifies that the signature provided is the
true and correct signature. Name Affidavit is a document in
which a person certifies all the names that have been used by
the person. Sometimes the two documents are combined into
one.
Compliance Agreement - Answer-This document is similar to
the correction agreement limited power of attorney as it serves
as an attempt to find a way to ensure that small clerical errors
can be quickly fixed. The compliance agreement has the
borrower agree to cooperate should there be any changes to
any loan documents due to clerical errors. There would not be
any changes to the terms of the loan though.
Definition of Limited Power of Attorney - Answer-A limited
power of attorney specifies the authority the agent will have.
The principal lists all the matters for which the agent will make
decisions, sign documents or give instructions. Often, a limited
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