Northwestern Oklahoma State University

Notary Signing Agent - collect answersA notary who specifically trained to handle and notarized loan documents; plays a critical role in many mortgage

Notary Signing Agent Study Guide with 100% verfied questions and answers A Notary Signing Agent is required to have a background screen when? - collect answersEvery 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? - collect answersOn the initial phone call with the contracting company A notary signing agent just received...

Signing Notary Test #1 with 100% collect questions and answers. Why do some Mortgages Signing Agencies require Mortgage Signing Agents to submit a Live Scan Fingerprint Background check each year. - answerLender need to make sure that consumers and their financial information which is entrusted to Notaries remains protected and secure. Lenders are ultimately responsible for the conduct of any third-party service providers, making it critically important to verify that the people lenders se...

The Notary Signing Agent is also the settlement or closing agent in the transaction 2

Why do some Mortgages Signing Agencies require Mortgage Signing Agents to submit a Live Scan Fingerprint Background check each year. - collect answerLender need to make sure that consumers and their financial inform

Notary Signing Agent Exam 2024 Borrower's Certification Authorization - Answer ️️ -This document certifies all of the information provided the loan application is true and complete Closing Disclosure - Answer ️️ -(Combines and replaces the HUD/Settl

Borrower (Mortgagor) -collect answer An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. Title -collect answer The document that gives evidence of ownership of a property. It also indicates the rights of ownership and possession of the property. Refinancing -collect answer The process of paying off one loan with the proceeds from a new loan secured by the same

HELOC - collect answerHome Equity Line of Credit Construction Loan - collect answerA short-term, interim loan for financing the cost of construction. The lender makes payments to the builder at periodic intervals as the work progresses or is converted to a mortgage. Reverse Mortgage - collect answerA loan based on the equity in a home that provides homeowners with tax-free income and is paid back with interest when the home is sold or the homeowner dies. No payment as long as the borrower ...

Before you can notarize ones signature, what are the basic requirements? - collect answersThe signer must appear before you-no exceptions. Why is personal appearance important in notarizing? - collect answersAre who they say they are, signing at their free will and know what's happening. How do you review a document? - collect answersMake sure its OK to notarize, Find out what kind of notarization to do, L

The Notary Signing Agent is also the settlement or closing agent in the transaction. - collect answerFalse The Notary Signing agent is hired as an independent contractor. - collect answerTrue Notary Si