Category: Development

Click the video below for the full breakdown of the closing disclosure 2015 form.

Understanding the Closing Disclosure 2015 form.

It’s important as a notary signing agent to understand how to locate, read, and identify key information on the closing disclosure 2015 form.  It is a simplified way to understand all costs on a real estate loan.

It makes it easier to locate Interest Rates, Monthly Payments and Cost to Close associated with the loan.  The disclosure must be provided to the buyer at least three days prior to closing.

Protect Yourself!

After talking to notaries, there seems to be confusion with what E&O really is. A lot of mobile notaries say that it’s not a state requirement and they have a bond so they don’t need it. This is where they are wrong.

Don’t Miss Out On Work Because you’re not covered! You can be a mobile notary or a remote notary, but you need to be protected for both business and individual signings.

In this list we go over the 5 ways to prep for a successful signing. Making sure you have all your ducks in a row can mean the difference if a signing is going to be good or not. Following these steps can help make sure that everything is prepared and ready from all sides of the signing.

Sometimes by following these steps, you end up catching something that needs to be corrected and saves you from having to correct it later. Now no one is perfect, but making sure you have a guideline system before the signing can make the difference of having a successful signing.

Don’t Make These Mistakes!

We created this list to help all the folks out there in Notaryville to help avoid mistakes. We all know that sometimes signature lines are over looked, but did you know that the most common are 7 documents which we are going to cover in this list. Some of these documents only apply to FHA and VA loans while some of them are in every loan package.

I was requested to make a list of how notaries go from getting a bunch of signings to none. Basically how they became a DO-NOT-USE-NOTARY. No one is perfect and we know that, but we still get a lot of mobile notaries that have to be put on a DO-NOT-USE list.

All different reasons, some are worse than others. So I have put together some things of what typically will get you put on that list. Every one of the listed items is from situations that were similar. Here are the top 5 mobile notary mistakes to help guide you.

The Signing Professionals Workgroup (SPW) has finally done what all title companies and lenders wish would have been done years ago – create an industry standard. When important loans are signed, there were simply too many variables that were overlooked by signing agents. Now, however, the workgroup has developed a best-practice that must be followed when signing loans. This will help novice and seasoned notaries alike ensure that they follow the agreed upon industry best practices. Less errors will be apparent as well as a method to ensure every signing is done correctly. It is a step in the right direction for the notary world and any current notaries will want to ensure they fully understand these standards before they go into effect in 2014. While a completion date has not been set, the SPW expects all of their standards to be finalized by mid-2014.

What are the top 5 mobile notary mistakes? No one is perfect, but being thorough and avoiding these mistakes should help you be a more efficient and productive mobile notary. You might want to also check our the top 6 notary errors that could lose you clients.

And if you are a new notary, how about having a successful first signing? Here are five ways to prepare for a successful signing.

We will note, that as remote online signings become more prevalent, these mistakes will apply to them as well. And a smart notary moving forward will realize that most businesses will need both mobile, as well as online notaries.

Don’t turn down jobs because you think they are beneath you. In the end, small jobs can equal big bucks. Just as much as closings if you play your cards right.

In today’s age, mobile notaries are asked to perform all sorts of different mobile notary signings. As more laws come into play, and identity theft is at an all time high, more companies are requiring more types of documents to be notarized.

And that is before we consider the growing amount the influence, amount of work and new laws that are going to be involved in online notarizations. This has to be in thought, as most businesses will need both remote notaries and online notaries.