NOTARY SIGNING AGENT EXAM PACK 2023|GRADED A|GUARANTEED SUCCESS

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 respons...

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. 00:03 01:11 Reverse Mortgage A loan ba...

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 signin...

A 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: Must still obtain and pass a background screening A Notary Signing Agent with nearly 10 years experience has reviewed and is co...

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. 00:20 01:11 How do...

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 ...

GUIDING PRINCIPLE 1: QUALIFICATIONS The Notary Signing Agent will satisfactorily meet and maintain all qualifications necessary to perform signing services GUIDING PRINCIPLE 2: NOTARIZATION The Notary Signing Agent will follow all laws, rules and best practices that apply to the notarizing...

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 su...

Borrower's Certification Authorization This document certifies all of the information provided in the loan application is true and complete. Compliance Agreement This states that if there are any typographical or clerical errors on the closing documents, the borrower would agree to sign an...

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 und...

When would the Right of Rescission period end if refinance documents for a borrower's primary residence were signed on Thursday, October 25th at 8pm? Monday October 29th at midnight Which document(s) specify the interest rate being charged for a loan? Note 00:36 01:11 Whic...

what 2 things does every borrower want to know? 1. how much will this loan cost me 2. how much will my monthly payment be what is the correct order of the documents you show to the borrower first? 1. closing statement 2. note 3. payment letter 00:32 01:11 what is the job...

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 closi...

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 closi...