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NSA Notary Signing Agent Exam Review Questions with complete Solutions Rated A+ $7.99   Add to cart

Exam (elaborations)

NSA Notary Signing Agent Exam Review Questions with complete Solutions Rated A+

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  • Course
  • Notary Signing
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  • Notary Signing

NSA Notary Signing Agent Exam Review Questions with complete Solutions Rated A+ 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: - Answers Must still obtain and pass a background scr...

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  • October 7, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Notary Signing
  • Notary Signing
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TutorJosh
NSA Notary Signing Agent Exam Review Questions with complete Solutions Rated A+

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: - Answers 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:
- Answers 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? - Answers 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? - Answers Preform the notary

The Notarial Evidence Form is completed by - Answers The Notary Signing Agent and returned to the
contracting company

Notarial certificates on loan documents - Answers 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? - Answers explain the to the borrower that a Notary Signing Agent is not
permitted to discuss loan rates

A Notary Signing Agent regularly records all notarial acts performed at a closing in a journal. This is
considered: - Answers A practice required by the Code of Conduct

A borrower expresses a reluctance to continue signing documents. The Notary Signing Agent may: -
Answers 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: - Answers 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: - Answers 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: - Answers Offer to call the closing agent to explain the fee

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