![]() ![]() Training and testing aren’t required to become a signing agent, but the Consumer Financial Protection Bureau requires third-party financial professionals to be certified and background-screened. States have different rules and requirements for notaries, so check with your state. Once candidates receive their state commission and purchase the requisite seal stamp and journal, they can begin notarizing documents for clients. Several states require training and testing to become a notary. To become a notary, you must be 18 with state residency and a relatively minor criminal record at most. Notary signing agents should first be state-commissioned notaries. How To Become a Notary Signing Agent Become a Notary The following states impose restrictions on NSAs, either by requiring attorney involvement or professional licensure or by limiting fees or loans: But opportunities to become a signing agent are limited or restricted in several states, so check with yours before getting too invested in the idea. It takes around one to two weeks for a notary to become an NSA, and the cost runs between $75 and several hundred dollars. For instance, the involved parties may require their NSA to use a specific mail service or shipping method. NSAs must also follow any additional instructions from the parties involved, which may include the lender, the title company or the signing service that hires them. Signing agents ensure real estate loan documents are executed by the borrower, notarized and promptly returned for processing. But with that earning power comes greater scrutiny and financial liability.Īn NSA’s daily duties include printing loan documents, meeting with signers and notarizing signatures. Signing agents cannot give legal advice or provide their interpretation of the documents involved.Īn NSA’s role is more involved than that of a notary as such, signing agents often earn more than notaries. But as with standard public notaries, an NSA’s role is limited. They walk signers through the final steps of a loan closing and have a public mission of ensuring no fraud has taken place. ![]() NSAs are a type of notary public specially trained to work with loan documents. This article explains what a notary signing agent is, including the steps to become one. If you’re a notary or interested in becoming one-or you’re just looking for new opportunities in the financial industry-you might consider becoming an NSA. But for thousands of Americans, including many retirees and parents seeking money on the side, working as an NSA is a reliable and financially rewarding full- or part-time gig. If something goes wrong during a loan signing and an NSA’s error causes a mortgage loan to go unfunded, the signing agent can be held responsible. As such, the NSA credential brings added pressure notary signing agents perform a vital role in deals worth hundreds of thousands of dollars. NSAs are authorized to notarize signatures on loan documents, meaning they have access to borrowers’ personal financial information. But most states offer a dependable pathway for notaries to earn higher wages and take their small business to the next level: becoming a Notary Signing Agent (NSA). ![]() Earning a living as a notary can be difficult, with most full-time notaries making less than $4,000 per month. ![]()
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