Notary Signing Agent Study Guide questions and answers well illustrated.

Notary Signing Agent Study Guide questions and answers well illustrated. A Notary Signing Agent is required to have a background screen when? - correct answers.Every year to maintain industry standards When should the notary signing agent ask if the date and time of the signing appointment has been set and also if there are any additional stipulations needed to complete this closing? - correct answers.On the initial phone call with the contracting company A notary signing agent just received documents for a closing scheduled in 1 hour but will not have time to return home to print. How should the signing agent respond? - correct answers.Call the borrower and alert them of the delay and return home to securely print the documents The contracting company sent instructions to the notary signing agent regarding the dress code requirement. The signing agent should: - correct answers.Dress according to the instructions sent by contracting company When confirming the appointment with the borrower for their closing appointment, the notary signing agent should: - correct answers.Confirm that the borrower will have acceptable identification Who determines the appropriate attire the notary signing agent should wear to a closing? - correct answers.The contracting company While on the way to a signing appointment, the notary signing agent realizes the location is outside of his normal territory and should have asked for a higher signing fee to accommodate the distance. What should the notary signing agent do? - correct answers.Complete the closing and ask for a hinge fee next time When the Notary Signing agent arrives at the signing appointment, they must present a _______ to the borrowers. - correct answers.Government Issued ID A Notary Signing Agent should always record every Notarial Act performed at a closing in a journal. This is considered: - correct answers.Required by the NNA code of conduct If your signing instructions require the loan documents to be signed in blue ink, it is permitted to sign in black ink when: - correct answers.Never. You must follow the signing instructions If a Notary Signing Agent normally collects fingerprints for all signers in order to complete an authorization in a state where fingerprinting is not required, what should the signing agent do if at a closing the borrower refuses to provide their fingerprints to the Notary Signing Agent? - correct answers.Complete the notarization anyway An experienced Notary Signing Agent may do all of the following except? - correct answers.Explain to the signer why the loan they have is a great fit and why they have great term The best way to answer any questions that the borrower may have is to: - correct answers.Call the loan officer when the borrower has any questions as they come up Which document represents the borrower's promise to repay the loan? - correct answers.The Note Which of the following documents breaks down the monthly payment amount including principal/interest, taxes and insurance and also shows when the first payment will be due? - correct answers.First payment letter If the deed of trusts says, "see exhibit A" in the section of the document that says legal description: - correct answers.Exhibit A must be present During a loan signing appointment, the borrower asks if his closing costs are too high. How should you respond to the borrower? - correct answers.Explain to the borrower that you are not allowed to discuss his loan rates but you can give his loan officer a call at the table if he needs further explanation on his closing costs A borrower complains at closing that he has not had time to review the loan documents thoroughly and feels rushed into closing. What do you do as the Notary Signing Agent? - correct answers.Recommend the borrower stop and speak with their loan officer and discuss loan documents if he is uncomfortable closing at this time A borrower asks if they have escrow set up for property taxes and homeowners insurance. How do you respond as a notary signing agent? - correct answers.Direct borrower to review the first page of the closing disclosure for that information Which document must the borrower receive at least 3 days before the closing day? - correct answers.Closing disclosure