Notary Blog – Signing Tips, Marketing Tips, General Notary Advice – 123notary.com Control Panel

January 15, 2011

Advice to new notaries: Interview with a Veteran Notary

Filed under: General Articles,Popular on Linked In — Tags: , — admin @ 8:20 am

I love doing loans signings, and have done them for ten years. I have been in Real Estate for 30 years, but I like the loan signings better. I’ve met all kinds of people, and the NSA has a chance to help them all.

RE new NSAs: Notaries have to know when to keep their mouth shut. If there is something on the loan docs the borrower wants to know about, always give them a general answer– but if you say the wrong thing, forget it!
For instance, a notary could say “I can get you a better interest rate!” But we don’t know why those figures are there– why the person has the rate he/ she has. Don’t comment! That particular loan can fold. But the notary may not know the workings of the escrow to get it to that point. ALWAYS have the borrowers contact the Loan Officer. I am old enough to know that if that borrower is so upset, I can handle it.

You can look around the home and know how to handle the signing. For example, at Christmas, I went to a home where the borrower was disgusted. They were packing to go on a trip, and a lot of things were set up to go. They had a baby. That tells me “Say some reassuring things.” I mother them. The loan had taken 7 months, and it was Christmas eve day. It had taken so long! I told her I understood, and that I could leave if she wanted me to. She saw I was experienced and that I cared, and she calmed down and signed. She might not have signed for another notary.

One time a borrower did not show for about 30 mins– there was a girlfriend living in the house, and there was a wife– the man was buying her out! I had to tell them to stop the bad language, and she was also afraid that he was going to take all the money. I said “I’m out of here”— but then they calmed down and signed. A new notary would have panicked and left. But I got them to sign: their marriage was over, and they needed the money. I did a reverse mortgage for a man who sold Fuller Brush. The man wanted to read it all– three hours! I looked around the house, and he had nothing there! He didn’t even have enough income to support himself and his disabled son. I knew he needed the loan and I let him read. I asked him “Do you know what I just read?” He didn’t. I had to make him understand what the APR is (briefly; a generic answer–like you have on 123notary–in the Ninja book.) After the signing, he came to the house and handed my daughter a $50 gift certificate. He was so grateful. This was years ago.

Every situation is different. You need to adapt to that situation. You are doing the borrower a disservice if you just point and sign.
You should also never backdate. There is always someone who will talk if you do something wrong. The only person who is not going to talk is me. But you can never trust the company not to come back to blame you in the future–so don’t backdate!

These borrowers are real people– not just numbers. Be sure you know about the documents!
Instead of taking low-ball offers — take a course and study the loan documents! This will give you a lot of business. You do not need to take low offers to start out. Your printer and computer, phone, car insurance, gas– all these come out of what you make. You can’t print and do all this and do a loan for $60.

You might also like:

Interview with Timios title



  1. Short term loans Bad credit has a number of advantages that borrowers with poor credit history in bad loans debt can be blinding regardless. But before the ink on paper, they should take the disadvantages of this type of loan as well. http://www.ukonlineshorttermloans.co.uk/

    Comment by Short term Loans — December 17, 2013 @ 6:52 am

  2. Text messages are now fad. Everyone is busy Text loans lenders on your phone day in and day out. If anything can be done via SMS, why not ask for a loan? Instant text loans help people to get quick cash immediately Instant text loans. Instant text loans are short-term services, which helps people to use a quick txt loan. The debtor must repay the amount quickly Quick text loans. The candidate may use any amount up to £ 1000, and he must return for the period 1-7 days. The main features of this funding are that the borrower uses the money fast and easy Payday text loans. This is mainly due to the absence of paperwork or documentation of any kind. The candidate can avoid falling into debt Text loans UK, if you pay the full amount back.

    Comment by aronmark — March 26, 2014 @ 9:24 am

  3. The approval takes only a few hours Because The information verification is automatic . same day loans The lender does not have to physically verify your information rather , they just consult the huge personal databases availed to them nationally by a click of a button . same day personal loans The major advantage of applying for payday cash loans online thesis is that, no physical documents are required . On top of all this , no credit check is performed. People Whose credit records are bad , : http://www.personalloanssameday.co.uk/

    Comment by Jack Kallis — March 29, 2014 @ 9:58 am

  4. There is no credit check with synthesis loans on benefits so no need to be troubled if you are tagged with bad credit scores : such as amount outstanding , arrears , defaults , late payments , Cocks , IVA and so on . Malthus, Loans for benefits you can qualify for the loan even if you are suffering from bad credit scores .Unsecured loans for people on benefits are available online THEREFORE, the loan transaction is done online For which applicants need to complete on

    Comment by Jack Kallis — March 31, 2014 @ 5:08 am

  5. The loan amount gets Transferred to your account within few hours of application. same day personal loans Everything is done Electronically so there is no need to visit lenders office or stand in long queues .
    These Same day loans are unsecured loans Which Provide you cash aid without any collateral. These cash advances do not include credit check Malthus people with bad credit history like default , late payment , arrears , insolvency etc can Easily apply for loans without any hesitation synthesis of rejection . Payday cash loans Further More prosthesis loans do no ask for faxing any kind of documents or additional paperwork . Malthus thesis loans hassle free and help at the time of need .

    Comment by Jack Kallis — March 31, 2014 @ 11:38 am

  6. There are also lenders in the market who resort to malpractices by taking property papers or gold ornaments or any other valuable items as a security for sure

    repayment back of the short term loan. These are generally termed as mortgaged loans and do not generally be a part of short term loan deal. Here http://direct-


    Comment by UK Direct Loans — July 7, 2014 @ 11:03 am

  7. A good read and very relevant to what I was looking for. Some really nice articles on this blog.

    Comment by Betting Deals — April 21, 2020 @ 11:46 am

RSS feed for comments on this post. TrackBack URL

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *