Loa Sig Test Questions And Already
Passed Solutions.
A notary Signing Agent is asked to describe several of the loan terms at a signing appointment. The
Notary Signing Agent may: - Answer Provide only a general description of the loan terms
A Notary Signing Agent has been providing signing services with no incidents for over 10 years without
having undergone a background screening. There fore he/she: - Answer Must undergo a background
screening in order to become a "Certified" Notary Signing Agent
The Certified Signing Specialist will not make exaggerated or excessive claims, promises or guarantees
about the Specialist's services. - Answer True
Some Lenders require NSAs to complete a "notarial evidence" form.
The form includes a section to record the Notary's name, commission number and expiration date, the
names of all signers at the loan signing appointment and the method used to identify them, and the loan
number.
It also includes descriptions of each loan document notarized and the date, time, and type of notarial act
performed.
The "notarial evidence" form is completed separate and part from the NSA's journal entries for the loan
documents and sent in with the signed loan documents and other stipulations from the loan signing. -
Answer True
The best way to address a borrower's questions that the Notary Signing Agent is not allowed to answer ,
is to: - Answer Recommend that the borrower contact the lender's representative immediately before
signing the documents.
While on the way to a signing, a Notary Signing Agent realizes that the location is outside his normal
territory and he should have negotiated a higher travel fee. The most appropriate action the NSA should
take is to: - Answer Negotiate a higher travel fee for the next assignment in that area.
Passed Solutions.
A notary Signing Agent is asked to describe several of the loan terms at a signing appointment. The
Notary Signing Agent may: - Answer Provide only a general description of the loan terms
A Notary Signing Agent has been providing signing services with no incidents for over 10 years without
having undergone a background screening. There fore he/she: - Answer Must undergo a background
screening in order to become a "Certified" Notary Signing Agent
The Certified Signing Specialist will not make exaggerated or excessive claims, promises or guarantees
about the Specialist's services. - Answer True
Some Lenders require NSAs to complete a "notarial evidence" form.
The form includes a section to record the Notary's name, commission number and expiration date, the
names of all signers at the loan signing appointment and the method used to identify them, and the loan
number.
It also includes descriptions of each loan document notarized and the date, time, and type of notarial act
performed.
The "notarial evidence" form is completed separate and part from the NSA's journal entries for the loan
documents and sent in with the signed loan documents and other stipulations from the loan signing. -
Answer True
The best way to address a borrower's questions that the Notary Signing Agent is not allowed to answer ,
is to: - Answer Recommend that the borrower contact the lender's representative immediately before
signing the documents.
While on the way to a signing, a Notary Signing Agent realizes that the location is outside his normal
territory and he should have negotiated a higher travel fee. The most appropriate action the NSA should
take is to: - Answer Negotiate a higher travel fee for the next assignment in that area.
