How to become a Notary Loan Signing Agent
What is a Notary Loan Signing Agent?
A Notary signing agent is hired as an independent contractor to ensure that real estate loan documents are executed by the borrower, notarized, and returned for processing on time. Completing this critical part of the loan process enables the loan to be funded.
Now let's talk about the income potential of a part time & full-time notary loan signing agent.
We’ll use the $75 fee per file for this calculation.
$100,000/$75 (this is on the low end) unless you get direct work. = 1334 Signing a year
It’s absolutely feasible for a part time loan signing agent to do 15 signings per week, working 30-35 hours a week. (1 to 2 assignments after work and lets say 5 each on Saturday & Sunday)
$75 Fee x 15 Signings = $1125 extra a week ; $4500 extra a month ; $54K extra a YEAR!
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