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LOA SIG TEST #6 EXAM 2025 WITH 100% ACCURATE SOLUTIONS
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LOA SIG TEST #6 EXAM 2025 WITH 100% ACCURATE SOLUTIONS
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LOA SIG TEST #6 EXAM 2025 WITH 100% ACCURATESOLUTIONS
A notary Signing Agent is asked to describe several of the loan terms at
a signing appointment. The Notary Signing Agent may: - Precise Answer
✔✔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: - Precise Answer ✔✔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. - Precise
Answer ✔✔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 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. - Precise
Answer ✔✔True
The best way to address a borrower's questions that the Notary Signing
Agent is not allowed to answer , is to: - Precise Answer ✔✔Recommend
that the borrower contact the lender's representative immediately before
signing the documents.
While on the way to a signing, a Notary Signing Agent realizes that the
location is outside his normal territory and he should have negotiated a
higher travel fee. The most appropriate action the NSA should take is to:
- Precise Answer ✔✔Negotiate a higher travel fee for the next
assignment in that area.
A borrower questions the amount of the "Notary/Signing Fee" appearing
on the settlement statement. The Notary Signing Agent should: - Precise
Answer ✔✔Recommend that the borrower contact the lender's
representative before signing the documents.
Acme Direct Funding's loan package contains an additional
acknowledgement certificate with instructions for the Notary Signing
Agent to sign and affix a seal impression and return the certificate with
completed documents. Which of the following is he best course of action
for the agent to take? - Precise Answer ✔✔Refuse to sign and seal the
Acknowledgement certificate.
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