A notary signing agent is a public officer who is appointed by the state government and helps prevent fraud by witnessing the signing of documents.
A mortgage requires around 80-125 paper documents and is required to be checked and signed. Signing agent services are required to help close all these documents properly. A signing agent remains impartial to the transactions and adheres to the laws of the state ensuring fraud-less transactions.
What are the jobs of a notary agent?
The primary duties of a notary signing agent include:
They verify the identity of the person signing the documents and taking the loan
They ensure that all required documents are present at the time of mortgage and are understood by the signer. In case of any difficulty, they guide it to the signer and explain to them everything required
They take care that all the required documents are signed at the proper places and are initialed by both parties
They notarize the document
They ensure to return all the notarized documents to the mortgaged company or the proper agency
Is there any difference between a mobile notary and a notary signing agent?
Yes, the main difference between the two is the focus on their field of work. Notaries take care of a wide variety of documents while signing agents are mostly meant for handling home loan documents.
Notary signing agents (NSA) have to go for a background check and are required to clear an exam every year, to help keep them updated with the current laws of the state.
Why exactly are notary signing services required?
The government requires to record all title changes so as to prevent any title defects in the future. A notary signing agent services become an integral part of the overall closing purpose, as it is their job to ensure that all proceedings are free from any fraud.
What are the signing services?
There are many essential signing services. Some of these are:
General Notary: To certify contracts, Title Deeds, and other legal documents
First Home Loans: People while their first home requires mobile signing services to make the mortgage easy and un-stressful
Refinance an existing home loan: While taking advantage of the loan offered at a lower interest, the refinancing process can be very well handled by the signing agents
For Reverse Mortgage: You may require signing services when trading in your home for a reverse equity
VA Applications or VAL loan closings: For the US military, documents may need to be notarized by a signing agent
Notarizing of E-Docs: Apart from notarizing printed documents, notary signing agents can also authorize digital documents
For Emergency Signing: People may require emergency signing services, and at their home or other places. Signing agents can visit 24/7 at your comfort to notarize your documents as and when required.
Related article:- Mobile Signing Agents Get Mortgages Done Right