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NOTARY SIGNING AGENT CERTIFICATION EXAM WITH GUARANTEED ACCURATE ANSWERS $17.49   Add to cart

Exam (elaborations)

NOTARY SIGNING AGENT CERTIFICATION EXAM WITH GUARANTEED ACCURATE ANSWERS

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Who are the stakeholders in the loan process? - ACCURATE ANSWERS The stakeholders in the loan process are: the borrower, the lender, the contracting company, and the NSA(Notary Signing Agent) Who hires an NSA? - ACCURATE ANSWERS An NSA is hired by a contracting company to provide signing service...

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  • November 5, 2024
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NOTARY SIGNING AGENT CERTIFICATION
  • NOTARY SIGNING AGENT CERTIFICATION
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GRADEUNITS
NOTARY SIGNING AGENT
CERTIFICATION EXAM 2024\2025
NOTARY SIGNING AGENT CERTIFICATION EXAM 2024\2025 WITH GUARANTEED
ACCURATE ANSWERS




Who are the stakeholders in the loan process? - ACCURATE
ANSWERS✔✔ The stakeholders in the loan process are: the borrower,
the lender, the contracting company, and the NSA(Notary Signing
Agent)


Who hires an NSA? - ACCURATE ANSWERS✔✔ An NSA is hired by
a contracting company to provide signing services and oversee the actual
loan signing with the borrower.


What is a contracting company? - ACCURATE ANSWERS✔✔ A
closing company could be:

,-closing agent
-bank
-escrow company
-attorney
-signing service
-borrower's


What types of transactions does a Signing Agent handle? - ACCURATE
ANSWERS✔✔ -Refinance
-Purchase and sale
-HELOC
-Construction
-Commercial
-Reverse Mortgage


What are some Signing Agent DO's and DONT's? - ACCURATE
ANSWERS✔✔ You can:
-Print Loan documents
-Oversee the signing
-Notarize the appropriate documents
-Return the documents


You can't:
-Process loans

, -Conduct a settlement
-Prepare documents
-Offer am opinion or legal advice to the borrowers


What are some examples of discriminatory or unfair practices? -
ACCURATE ANSWERS✔✔ -refusing to perform signing or providing
inferior services based on clients race, color, national origin, religion,
gender, sexual orientation, disability, family or migratory status
-making unprofessional and insensitive remarks about the clients culture,
level of education or lifestyle
-Prompting the perception of unwelcome advances or a lewd act


Where does the NSA fit in the loan process? - ACCURATE
ANSWERS✔✔ You may be the first or the only person the borrower
meets. Although you are involved in only one step, the whole loan
process hinges on how well you do your job.


What are the key responsibilities of a Signing Agent? - ACCURATE
ANSWERS✔✔ Key responsibilities:
-Travel to the borrower
-Oversee the Signing
-Collect stipulations and notarize applicable documents
-Ensure that the documents are signed, dated or initialed properly
-Review all the documents
-Return the documents to the contracting company.

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