Borrowers sometimes just don’t understand. The notary signing agent is not responsible for what is written on any of the documents. They are just “the messenger”. They are just there to see that things are signed properly. But, in 2012, I talked to a notary over the phone who was so upset that they were unfairly accused of tricking the borrower.
There can be any type of additional fees on the HUD. There could be high appraial fees. The appraisal fee might already have been paid, or a different appraisal might have been done recently. Some companies charge $400 for the notary fee and then only pay the actual notary $80 for e-documents. Payment amounts and Escrow fees could go up.
This is up to the Loan Officer and unfortunately loan officers do not always communicate adequately with their borrowers. The result is that the notary can be in the middle of a very uncomfortable situation. But, there is a solution. When you call to confirm the appointment, you can go over the figures in the HUD-1 Settlement Statement BEFORE you get into your car and into hot water.
(1) If the fees are wrong on the HUD, don’t shoot the Notary!
(2) Some companies charge a $400 notary fee on the HUD & only give the notary $80.