100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Loa Sig Test 6(2024/25); Questions & Answers (Latest Update) $12.99   Add to cart

Exam (elaborations)

Loa Sig Test 6(2024/25); Questions & Answers (Latest Update)

 3 views  0 purchase
  • Course
  • Loa Sig
  • Institution
  • Loa Sig

Loa Sig Test 6(2024/25); Questions & Answers (Latest Update) 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 s...

[Show more]

Preview 2 out of 11  pages

  • August 25, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Loa Sig
  • Loa Sig
avatar-seller
TheeGrades
Loa Sig Test 6(2024/25); Questions & Answers
(Latest Update)
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 for

over 10 years


without having undergone a background screening. There fore he/she: ✔✔Must

undergo a


background screening in order to become a "Certified" Notary Signing Agent


The Certified Signing Specialist will not make exaggerated or excessive claims,

promises or


guarantees about the Specialist's services. ✔✔True


Some Lenders require NSAs to complete a "notarial evidence" form.


The form includes a section to record the Notary's name, commission number

and expiration

, Loa Sig Test 6(2024/25); Questions & Answers
(Latest Update)
date, the names of all signers at the loan signing appointment and the method

used to identify


them, and the loan number.


It also includes descriptions of each loan document notarized and the date,

time, and type of

notarial act performed.


The "notarial evidence" form is completed separate and part from the NSA's

journal entries for


the loan documents and sent in with the signed loan documents and other

stipulations from the


loan signing. ✔✔True


The best way to address a borrower's questions that the Notary Signing Agent is

not allowed to


answer , is to: ✔✔Recommend that the borrower contact the lender's

representative immediately


before signing the documents.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TheeGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

62890 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart