Exam (elaborations)
Loan Signing Agent-NNA Exam Questions and Answers
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Loan Signing Agent-NNA Exam Questions and Answers
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Before you can notarize ones signature, what are the basic requirements? - Questionand answersThe signer must appear before you-no exceptions.
Why is personal appearance important in notarizing? - Question and answersAre who
they say they are, signing at their free will and know what's happening.
How do you review a document? - Question and answersMake sure its OK to notarize,
Find out what kind of notarization to do, Locate the info for your journal
How do you screen a signer and verify facts? - Question and answersThey're acting
willingly, Aware of what's happening, Identified them properly,
What are the common methods of identification? - Question and answersPersonal
Knowledge, Identification documents, credible identifying witnesses.
How do you record the notarization? - Question and answersDate and time of
notarization, type of notarization, Address, Document date, Document title or type,
name of each signer, Method used to identify signer, signature of each signer, Fees
charged and any relevant info.
How do you complete the Notary Certificate? - Question and answersFill in the venue,
Fill in the body of the certificate, Sign your official notary signature, Add your official
notary seal or the information required by your state.
Who are the four key parties involved in a loan signing? - Question and answersLender,
NSA, Borrower, Contracting company
Whats the role of an NSA in a mortgage process? - Question and answers
Who are your stakeholders in a signing? - Question and answers
What is a Borrower? - Question and answersHome or property owner, they initiate the
loan by contacting lender and applying for it.
Lender - Question and answersFinance company ( a bank), approves, and funds a loan
and contracts the closing agent.
What can qualify as a contracting company? - Question and answersclosing agent,
What is a closing agent? - Question and answersfinalizes documents for signing
appointment and for closing the loan.
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