NOTARY Signing Agent Certification Exam ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
with accurate detailed solutions ||\\//|| ||\\//|| ||\\//||
Who are the stakeholders in the loan process? - correct answer✔✔The stakeholders in the
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
loan process are: the borrower, the lender, the contracting company, and the NSA(Notary
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Signing Agent) ||\\//||
Who hires an NSA? - correct answer✔✔An NSA is hired by a contracting company to
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
provide signing services and oversee the actual loan signing with the borrower.
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What is a contracting company? - correct answer✔✔A closing company could be:
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
-closing agent ||\\//||
-bank
-escrow company ||\\//||
-attorney
-signing service ||\\//||
-borrower's
What types of transactions does a Signing Agent handle? - correct answer✔✔-Refinance
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
-Purchase and sale ||\\//|| ||\\//||
-HELOC
-Construction
-Commercial ||\\//||
-Reverse Mortgage ||\\//||
What are some Signing Agent DO's and DONT's? - correct answer✔✔You can:
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
, -Print Loan documents ||\\//|| ||\\//||
-Oversee the signing ||\\//|| ||\\//|| ||\\//||
-Notarize the appropriate documents ||\\//|| ||\\//|| ||\\//||
-Return the documents ||\\//|| ||\\//||
You can't: ||\\//||
-Process loans ||\\//||
-Conduct a settlement ||\\//|| ||\\//||
-Prepare documents ||\\//||
-Offer am opinion or legal advice to the borrowers ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What are some examples of discriminatory or unfair practices? - correct answer✔✔-refusing
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
to perform signing or providing inferior services based on clients race, color, national
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
origin, religion, gender, sexual orientation, disability, family or migratory status
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
-making unprofessional and insensitive remarks about the clients culture, level of education||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
or lifestyle
||\\//|| ||\\//||
-Prompting the perception of unwelcome advances or a lewd act ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Where does the NSA fit in the loan process? - correct answer✔✔You may be the first or the
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
only person the borrower meets. Although you are involved in only one step, the whole
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
loan process hinges on how well you do your job.
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What are the key responsibilities of a Signing Agent? - correct answer✔✔Key
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
responsibilities:
-Travel to the borrower ||\\//|| ||\\//|| ||\\//||
-Oversee the Signing ||\\//|| ||\\//||
-Collect stipulations and notarize applicable documents ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
with accurate detailed solutions ||\\//|| ||\\//|| ||\\//||
Who are the stakeholders in the loan process? - correct answer✔✔The stakeholders in the
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
loan process are: the borrower, the lender, the contracting company, and the NSA(Notary
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Signing Agent) ||\\//||
Who hires an NSA? - correct answer✔✔An NSA is hired by a contracting company to
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
provide signing services and oversee the actual loan signing with the borrower.
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What is a contracting company? - correct answer✔✔A closing company could be:
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
-closing agent ||\\//||
-bank
-escrow company ||\\//||
-attorney
-signing service ||\\//||
-borrower's
What types of transactions does a Signing Agent handle? - correct answer✔✔-Refinance
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
-Purchase and sale ||\\//|| ||\\//||
-HELOC
-Construction
-Commercial ||\\//||
-Reverse Mortgage ||\\//||
What are some Signing Agent DO's and DONT's? - correct answer✔✔You can:
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
, -Print Loan documents ||\\//|| ||\\//||
-Oversee the signing ||\\//|| ||\\//|| ||\\//||
-Notarize the appropriate documents ||\\//|| ||\\//|| ||\\//||
-Return the documents ||\\//|| ||\\//||
You can't: ||\\//||
-Process loans ||\\//||
-Conduct a settlement ||\\//|| ||\\//||
-Prepare documents ||\\//||
-Offer am opinion or legal advice to the borrowers ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What are some examples of discriminatory or unfair practices? - correct answer✔✔-refusing
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
to perform signing or providing inferior services based on clients race, color, national
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
origin, religion, gender, sexual orientation, disability, family or migratory status
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
-making unprofessional and insensitive remarks about the clients culture, level of education||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
or lifestyle
||\\//|| ||\\//||
-Prompting the perception of unwelcome advances or a lewd act ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Where does the NSA fit in the loan process? - correct answer✔✔You may be the first or the
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
only person the borrower meets. Although you are involved in only one step, the whole
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
loan process hinges on how well you do your job.
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
What are the key responsibilities of a Signing Agent? - correct answer✔✔Key
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
responsibilities:
-Travel to the borrower ||\\//|| ||\\//|| ||\\//||
-Oversee the Signing ||\\//|| ||\\//||
-Collect stipulations and notarize applicable documents ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
