NSA Notary Signing Agent Exam 2024 Questions Solved 100%
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:
(Answer: - must still obtain and pass a background screening
A notary ...
NSA Notary Signing Agent Exam
2024 Questions Solved 100%
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:
(Answer: - must still obtain and pass a background screening
A notary signing agent with nearly 10 years’ experience has reviewed and is
completely familiar with all the documents in a loan package. When meeting with
the borrower, the notary signing agent may now:
(Answer: - present and state the general purpose of each document and how it
must be signed
Why should a notary signing agent learn about all the closing documents in a loan
package if they are not allowed to provide advice or counsel?
(Answer: - to demonstrate to the contracting companies that the notary signing
agent is competent to oversee a signing appointment
A notary signing agent consistently follows the practice of obtaining borrowers'
thumbprints in his or her journal, but is commissioned in a state that does not
require journal thumbprints. A borrower has complied with all other notarization
requirements, but objects to leaving her thumbprint in the journal. What should the
notary signing agent do?
(Answer: - preform the notary
The notarial evidence form is completed by
(Answer: - the notary signing agent and returned to the contracting company
Notarial certificates on loan documents
(Answer: - must be completed in the presence of the borrower
During a signing appointment, a borrower asks the notary signing agent if his loan
rate is competitive. How should the nsa respond?
(Answer: - explain the to the borrower that a notary signing agent is not permitted
to discuss loan rates
, NSA NOTARY SIGNING AGENT EXAM
A notary signing agent regularly records all notarial acts performed at a closing in a
journal. This is considered:
(Answer: - a practice required by the code of conduct
A borrower expresses a reluctance to continue signing documents. The notary
signing agent may:
(Answer: - recommend that the borrower contact the lender's representative
immediately before signing any more documents
A borrower expresses concern that once he signs all the documents he will be
"stuck" with a second mortgage. A good response by a notary signing agent could
be to:
(Answer: - recommend that the borrower contact his lender's representative and
provide the phone number
Explaining to a borrower the fees that make up the annual percentage rate (apr) of a
borrower's loan is:
(Answer: - permissible if the notary signing agent has the breakdown of the fees
A borrower questions the amount of the "notary/signing fee" appearing on the
settlement statement. The notary signing agent should:
(Answer: - offer to call the closing agent to explain the fee
The best way to address a borrower's questions that the notary signing agent is not
allowed to answer, is to
(Answer: - make a list of the questions to ask the contracting company before the
end of the signing
One of the parties at a signing appointment asks a question regarding their first
payment due. How should the notary signing agent respond?
(Answer: - direct the parties to read the information in the appropriate document
A borrower asks the notary signing agent for the contact information for the
closing agent and the lender's representative. The notary signing agent should
respond by:
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