You know that a Notary Public does more than just witness a person signing a document. The basic role of a Notary Public in our legal system and in the world of commerce is to prevent fraud. Notaries deter fraud when they perform their duties with diligence and obey the laws governing those duties.
A Notary Signing Agent (NSA) is a Notary Public who works directly with lending institutions, title companies, signing services and other companies that need the services of a Notary Public who is familiar with loan closing documentation and who is responsible and qualified to handle the special types of notarial acts required of such transactions.
Working as an independent contractor performing Notary loan signings, the NSA agrees to complete the specific job he or she has been hired to do and is legally obligated and responsible for the satisfactory completion of that job.
A Notary Signing Agent is NOT an escrow or loan officer. Any questions outside the realm of notarization must be deferred to the person or entity in charge of the loan. The NSA is in charge of the notarization - and that's all. Since the Notary Signing Agent is the one handling the loan signing appointment and interacting with the signer(s), the borrower(s) may be tempted to ask the NSA questions that a Notary Public, by law, cannot answer.
But before we get to the procedures of an actual loan signing, let's get to the bottom line
- "How much money can I realistically make as a Notary Signing Agent?"