Notary Signing Agent BUNDLED exams 2023 with 100% correct answers

Only one of the following is not a required item in a notary public's journal. Which one is it? - correct answerC. The character of every instrument sworn to, affirmed, acknowledged or proved before the notary public (e.g., deed of trust) Every person who files any false or forged document with ...

The recommended first item of business is to give the borrower his copy of the documents in the loan package. - correct answerFalse A Notary Signing Agent should state, for the borrower, the Notary's exact role and limitation of authority. - correct answerTrue One thing that will bring the si...

HELOC - correct answerHome Equity Line of Credit Construction Loan - correct 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 - correct ...

California requirements for thumbprints for loan packages - correct answerRequired 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 of using colored sticky notes - correct answerIdentify where errors have be...

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 answerMonday October 29th at midnight Which document(s) specify the interest rate being charged for a loan? - correct answerNote Whic...

A Notary Signing Agent is required to have a background screen when? - correct answerEvery 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...

1003 - Uniform Residential Loan Application - correct answerStandard 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 years of employment history and monthly household income. ...

A Notary Signing Agent is required to have a background screen when? - correct answerEvery 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...

acknowledgement - correct answernotarial 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 signed of his own free will. taken from signers...

Close Relative - correct answerThe Notary Signing agents spouse, domestic partner, parent, granapretn, sibling, child, stepchild, step sibling, stepparent, step grandparents, step-grandchild or inlaw Closing - correct answerconsummation of a transaction involving the purchase, sale or finking of ...

GUIDING PRINCIPLE 1: QUALIFICATIONS - correct answerThe Notary Signing Agent will satisfactorily meet and maintain all qualifications necessary to perform signing services GUIDING PRINCIPLE 2: NOTARIZATION - correct answerThe Notary Signing Agent will follow all laws, rules and best practices th...

Notary Signing Agent - correct answerA notary who specifically trained to handle and notarized loan documents; plays a critical role in many mortgage transactions nationwide The Five Requirements - correct answerThe created five standards required of all NNA NSA candidates: 1. Signing and adher...

Who are the stakeholders in the loan process? - correct answerThe stakeholders in the loan process are: the borrower, the lender, the contracting company, and the NSA(Notary Signing Agent) Who hires an NSA? - correct answerAn NSA is hired by a contracting company to provide signing services and o...

Borrower (Mortgagor) - correct answerAn 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 answerThe document that gives evidence of ownership of a property. It also indicates the rights of ow...