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NSA Notary Signing Agent Exam Questions and Answers
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NSA Notary Signing Agent Exam Questions and Answers
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NSA Notary Signing AgentA 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: -
Question and answersMust still obtain and pass a background screening
A Notary Signing Agent with nearly 10 years experience has reviewed and is completely
familiar with all the documents in a loan package. When meeting with the borrower, the
Notary Signing Agent may now: - Question and answersPresent and state the general
purpose of each document and how it must be signed
Why should a Notary Signing Agent learn about all the closing documents in a loan
package if they are not allowed to provide advice or counsel? - Question and
answersTo demonstrate to the contracting companies that the Notary signing Agent is
competent to oversee a signing appointment
A Notary Signing Agent consistently follows the practice of obtaining borrowers'
thumbprints in his or her journal, but is commissioned in a state that does not require
journal thumbprints. A borrower has complied with all other notarization requirements,
but objects to leaving her thumbprint in the journal. What should the Notary Signing
Agent do? - Question and answersPreform the notary
The Notarial Evidence Form is completed by - Question and answersThe Notary
Signing Agent and returned to the contracting company
Notarial certificates on loan documents - Question and answersMust be completed in
the presence of the borrower
During a signing appointment, a borrower asks the Notary Signing Agent if his loan rate
is competitive. How should the NSA respond? - Question and answersexplain the to the
borrower that a Notary Signing Agent is not permitted to discuss loan rates
A Notary Signing Agent regularly records all notarial acts performed at a closing in a
journal. This is considered: - Question and answersA practice required by the Code of
Conduct
A borrower expresses a reluctance to continue signing documents. The Notary Signing
Agent may: - Question and answersRecommend that the borrower contact the lender's
representative immediately before signing any more documents
A borrower expresses concern that once he signs all the documents he will be "stuck"
with a second mortgage. A good response by a Notary Signing Agent could be to: -
Question and answersRecommend that the borrower contact his lender's representative
and provide the phone number
, Explaining to a borrower the fees that make up the Annual Percentage Rate (APR) of a
borrower's loan is: - Question and answersPermissible if the Notary Signing Agent has
the breakdown of the fees
A borrower questions the amount of the "Notary/Signing Fee" appearing on the
settlement statement. The Notary Signing Agent should: - Question and answersOffer to
call the closing agent to explain the fee
The best way to address a borrower's questions that the Notary Signing Agent is not
allowed to answer, is to - Question and answersMake a list of the questions to ask the
contracting company before the end of the signing
One of the parties at a signing appointment asks a question regarding their first
payment due. How should the Notary Signing Agent respond? - Question and
answersDirect the parties to read the information in the appropriate document
A borrower asks the Notary Signing Agent for the contact information for the closing
agent and the lender's representative. The Notary Signing Agent should respond by: -
Question and answersproviding the borrower with the information for both contacts
A Notary Signing Agent is asked to describe several of the loan terms at a signing
appointment. The Notary Signing Agent may: - Question and answersprovide only a
general description of the loan terms and indicate where in the documents the
information may be found
If during the signing appointment the borrower divulges that the property being financed
is an investment property, while the loan papers indicate it is for a primary residence,
the Notary Signing Agent should: - Question and answersexplain that the closing agent
for the transaction needs to be contacted before resuming the signing
The Notary Signing Agent has commenced a loan signing with a borrower and the
borrower's mortgage broker. The mortgage broker asks to speak in private with the
borrower for a few minutes. The Notary Signing Agent returns to find the mortgage
broker alone and all the documents signed. The Notary Signing Agent should: -
Question and answersTake the loan package, and call the closing agent to report the
incident immediately
If the Mortgage/Deed of Trust contains the phrase "See Exhibit A" in the section of the
document containing the property's legal description: - Question and answersThe
Exhibit A must be present
Acme Direct Funding's loan package contains an additional acknowledgment certificate
with instructions for the Notary Signing Agent to sign and affix a seal impression and
return the certificate with the completed documents. Which of the following is the best
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