NSA Notary Signing Agent questions and answers 100% verified.

NSA Notary Signing Agent questions and answers 100% verified. A Notary Signing Agent has been providing signing services with no incidents for over 10 years without having undergone a background screening. Therefore he or she: - correct answers.Must still obtain and pass a background screening A Notary Signing Agent with nearly 10 years experience has reviewed and is completely familiar with all the documents in a loan package. When meeting with the borrower, the Notary Signing Agent may now: - correct answers.Present and state the general purpose of each document and how it must be signed Why should a Notary Signing Agent learn about all the closing documents in a loan package if they are not allowed to provide advice or counsel? - correct answers.To demonstrate to the contracting companies that the Notary signing Agent is competent to oversee a signing appointment A Notary Signing Agent consistently follows the practice of obtaining borrowers' thumbprints in his or her journal, but is commissioned in a state that does not require journal thumbprints. A borrower has complied with all other notarization requirements, but objects to leaving her thumbprint in the journal. What should the Notary Signing Agent do? - correct answers.Preform the notary The Notarial Evidence Form is completed by - correct answers.The Notary Signing Agent and returned to the contracting company Notarial certificates on loan documents - correct answers.Must be completed in the presence of the borrower During a signing appointment, a borrower asks the Notary Signing Agent if his loan rate is competitive. How should the NSA respond? - correct in the to the borrower that a Notary Signing Agent is not permitted to discuss loan rates A Notary Signing Agent regularly records all notarial acts performed at a closing in a journal. This is considered: - correct answers.A practice required by the Code of Conduct A borrower expresses a reluctance to continue signing documents. The Notary Signing Agent may: - correct answers.Recommend that the borrower contact the lender's representative immediately before signing any more documents A borrower expresses concern that once he signs all the documents he will be "stuck" with a second mortgage. A good response by a Notary Signing Agent could be to: - correct answers.Recommend that the borrower contact his lender's representative and provide the phone number Explaining to a borrower the fees that make up the Annual Percentage Rate (APR) of a borrower's loan is: - correct answers.Permissible if the Notary Signing Agent has the breakdown of the fees A borrower questions the amount of the "Notary/Signing Fee" appearing on the settlement statement. The Notary Signing Agent should: - correct answers.Offer to call the closing agent to explain the fee The best way to address a borrower's questions that the Notary Signing Agent is not allowed to answer, is to - correct answers.Make a list of the questions to ask the contracting company before the end of the signing One of the parties at a signing appointment asks a question regarding their first payment due. How should the Notary Signing Agent respond? - correct answers.Direct the parties to read the information in the appropriate document A borrower asks the Notary Signing Agent for the contact information for the closing agent and the lender's representative. The Notary Signing Agent should respond by: - correct ding the borrower with the information for both contacts A Notary Signing Agent is asked to describe several of the loan terms at a signing appointment. The Notary Signing Agent may: - correct de only a general description of the loan terms and indicate where in the documents the information may be found If during the signing appointment the borrower divulges that the property being financed is an investment property, while the loan papers indicate it is for a primary residence, the Notary Signing Agent should: - correct in that the closing agent for the transaction needs to be contacted before resuming the signing The Notary Signing Agent has commenced a loan signing with a borrower and the borrower's mortgage broker. The mortgage broker asks to speak in private with the borrower for a few