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NOTARY SIGNING AGENT package deal 2023 updated/verified

1 Exam (elaborations) NNA Training question with complete solution 2023 updated to pass 2 Exam (elaborations) Section 10: Presenting the Documents for Signing fully solved 2023 3 Exam (elaborations) Notary exam 2 question correctly answered 2023 verified 4 Exam (elaborations) Loan Sign Notary Te...

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NOTARY Signing Agent Certification Exam correctly answered 2023 verified

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NOTARY Signing Agent Certification Exam correctly answered 2023 verifiedWho 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 ...

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Signing Notary Test #1 question and answers rated A+ already passed

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Signing Notary Test #1 question and answers rated A+ already passedWhy do some Mortgages Signing Agencies require Mortgage Signing Agents to submit a Live Scan Fingerprint Background check each year. - correct answer Lender need to make sure that consumers and their financial information which is en...

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Notary Signing Agent correctly answered to pass 2023

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Notary Signing Agent correctly answered to pass 2023HELOC - correct answer Home Equity Line of Credit Construction Loan - correct answer A 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 c...

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Notary Signing Agent Certification Study Guide: Part 1 fully solved 2023

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Notary Signing Agent Certification Study Guide: Part 1 fully solved 2023 Notary Signing Agent - correct answer A notary who specifically trained to handle and notarized loan documents; plays a critical role in many mortgage transactions nationwide The Five Requirements - correct answer The creat...

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Notary Signing Agent Study Guide question and answers 2023 verified

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Notary Signing Agent Study Guide question and answers 2023 verifiedA Notary Signing Agent is required to have a background screen when? - correct answer 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 ...

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NSA Notary Signing Agent correctly answered 2023 updated

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NSA Notary Signing Agent correctly answered 2023 updated 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 answer Must still obtain and pass a background screening A Notary...

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Notary Signing Agent correctly answered to pass rated A+

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Notary Signing Agent correctly answered to pass rated A+1003 - Uniform Residential Loan Application - correct answer Standard form completed by borrowers when applying for a mortgage loan. A borrower lists all assets and liabilities on the form, also includes a section for income, including two year...

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Loan Signing Agent-NNA correctly answered to pass 2023 verified

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Loan Signing Agent-NNA correctly answered to pass 2023 verifiedBefore you can notarize ones signature, what are the basic requirements? - correct answer The signer must appear before you-no exceptions. Why is personal appearance important in notarizing? - correct answer Are who they say they are,...

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Loan Signing Agent question and answers rated A+ 2023

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Loan Signing Agent question and answers rated A+ 2023Borrower (Mortgagor) - correct 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 - correct answer The document that gives evidence of owne...

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loan signing notary cards question & answers rated A+ 2023

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loan signing notary cards question & answers rated A+ 2023What is a notary public? - correct answer A notary public is an official appointed by the county or state after his/her documents and examination results indicate his/her suitability for the job. A notary public has power to: - correct ans...

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Loa Sig Test #6 question with complete solution rated A+

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Loa Sig Test #6 question with complete solution rated A+ A notary Signing Agent is asked to describe several of the loan terms at a signing appointment. The Notary Signing Agent may: - correct answer Provide only a general description of the loan terms A Notary Signing Agent has been providing s...

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Notary Signing Agent Code of Conduct correctly answered 2023 graded A+

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Notary Signing Agent Code of Conduct correctly answered 2023 graded A+GUIDING PRINCIPLE 1: QUALIFICATIONS - correct answer The Notary Signing Agent will satisfactorily meet and maintain all qualifications necessary to perform signing services GUIDING PRINCIPLE 2: NOTARIZATION - correct answer Th...

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Notary Signing Agent 2018(updated) Reloaded question with correct answers rated A+

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Notary Signing Agent 2018(updated) Reloaded question with correct answers rated A+ When would the Right of Rescission period end if refinance documents for a borrower's primary residence were signed on Thursday, October 25th at 8pm? - correct answer Monday October 29th at midnight Which document...

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SnapDocs - Notary Quiz correctly answered latest 2023 updated to pass

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SnapDocs - Notary Quiz correctly answered latest 2023 updated to passWhen would the Right of Rescission period end if refinance documents for a borrower's primary residence were signed on Thursday, October 25th at 8pm? - correct answer Monday October 29th at midnight Which document(s) specify th...

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Loa Sign Test #4 correctly answered to pass 2023

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Loa Sign Test #4 correctly answered to pass 2023The Note is the loan agreement, and it outlines the terms of the loan. - correct answer True One part of the "TILA- RESPA integrated Disclosure" (TRID) rule that affects signing agents is the: - correct answer Closing Disclosure, which consolidate...

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Loan Signing Agent Vocabulary question & answers rated A+ 2023

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Loan Signing Agent Vocabulary question & answers rated A+ - correct answer abbreviated term for the Universal Residential Loan Application 1-4 Family Rider (Assignment of Rents) - correct answer transfers the owner's right to collect rents to the lender. Could also say that additional property ...

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Notary Signing Agent Exam correctly answered 2023

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Notary Signing Agent Exam correctly answered 2023acknowledgement - correct answer notarial act where the signer admits to notary that he signed doc, that he understands the contents of the doc; and that he is aware of the consequences of executing the doc by signing it. signer indicates that he ...

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Signing Agent correctly answered to pass 2023

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Signing Agent correctly answered to pass 2023what 2 things does every borrower want to know? - correct answer 1. how much will this loan cost me 2. how much will my monthly payment be what is the correct order of the documents you show to the borrower first? - correct answer 1. closing statement...

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Arizona Notary Signing Agent question with complete solution 2023

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Arizona Notary Signing Agent question with complete solution 2023Borrower's Certification Authorization - correct answer This document certifies all of the information provided in the loan application is true and complete. Compliance Agreement - correct answer This states that if there are any t...

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Notary Signing Agent- Purchase Documents correctly answered 2023

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Notary Signing Agent- Purchase Documents correctly answered 2023Settlement statement - correct answer This is the one that have the debits and credits. One of the first documents that wipe pop up. -Should line up with the CD pretty well(closing disclosure). -The first thing recorded is what th...

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Notary Loan Signing Agent Terms question and answers 2023

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Notary Loan Signing Agent Terms question and answers 2023 ACKNOWLEDGEMENT - correct answer Formal declaration before a public official that one has signed a document AKA (also known as) - correct answer A person who is also known by other names ALLONGE - correct answer a document used to tra...

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Notary Signing Agent Procedures question n answers rated A+ already passed

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Notary Signing Agent Procedures question n answers rated A+ already passedCalifornia requirements for thumbprints for loan packages - correct answer Required by law to get a thumbprint every time a notarization is done for a loan package for anything having to do with real property title Purpose ...

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Signing Agent Code Of Conduct correctly answered to pass 2023

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Signing Agent Code Of Conduct correctly answered to pass 2023Close Relative - correct answer The Notary Signing agents spouse, domestic partner, parent, granapretn, sibling, child, stepchild, step sibling, stepparent, step grandparents, step-grandchild or inlaw Closing - correct answer consummati...

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Signing agent correctly answered to pass 2023 rated A+

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Signing agent correctly answered to pass 2023 rated A+Notice of right to cancel *critical document - correct answer This is your notice of right to cancel. Your loan includes a rescission option, this allow you to cancel the transaction within a specified time frame Closing Disclosure *critica...

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Section 11: Completing the Job question & answers 2023 updated

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Section 11: Completing the Job question & answers 2023 updated Upon completing the signing, a Notary Signing Agent should notify the hiring company using any "job completed" procedures established by that entity. - correct answer True Requests for "scan backs" aren't time-sensitive; those ca...

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Loan Sign Notary Test #3 question and answers rated A+ 2023

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Loan Sign Notary Test #3 question and answers rated A+ 2023Escrow Transfer Account - correct answer This form must be signed by the borrower if the lender has an escrow account. This document instructs the previous lender to send any funds remaining in the escrow account to the new lender when th...

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Notary exam 2 question correctly answered 2023 verified

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Notary exam 2 question correctly answered 2023 verifiedThe Notary Signing Agent is also the settlement or closing agent in the transaction. - correct answer False The Notary Signing agent is hired as an independent contractor. - correct answer True Notary Signing Agents draw the documents, col...

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Section 10: Presenting the Documents for Signing fully solved 2023

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Section 10: Presenting the Documents for Signing fully solved 2023The recommended first item of business is to give the borrower his copy of the documents in the loan package. - correct answer False A Notary Signing Agent should state, for the borrower, the Notary's exact role and limitation of ...

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