Can you be a remote loan signing agent?
Asked by: Efren Schowalter DDS | Last update: April 23, 2025Score: 4.1/5 (41 votes)
You must be an active certified online/remote/electronic notary in addition to a traditional notary license, You must meet the loan signing agent requirements for your State, Be able to work from home, have a professional appearance, and neat background when talking to customers.
Can you work remotely as a notary?
But there's a difference between electronic and remote notary services. For example, California allows electronic notary services and electronic signatures, but hasn't legalized remote notarization yet.
Can you make a living as a loan signing agent?
As a mobile notary and Signing Agent, you can make $100 in one hour, leaving the rest of the day to pursue something else. Or, of course, you can kick in the hustle and keep working. To put this in perspective, if you were to do four signings a day, five days a week, you'd earn $104000 for the year.
Can you make money as a remote notary?
Remote online notaries typically earn between $25 and $75 per notarization, depending on clients and document types. States with higher demand, like California and New York, offer more earning potential for these professionals.
Can I be a part-time loan signing agent?
Thus, peak time to work for loan signing agents is evenings and weekends. For this reason, if you're looking for something to supplement your income around your existing job, and would like to make $75 to $200 in an hour, then being a loan signing agent could be the most convenient part-time work for you.
How to Get Started as a Notary Loan Signing Agent | Easy Steps for New Notaries
Is becoming a loan signing agent worth it?
Increased Earning Potential: Loan signing agents can earn more than notary publics, especially if they are able to complete multiple signings per day. Expanded Services: By offering signing agent services, you can provide a more comprehensive range of services to your customers, increasing your value to them.
How much do loan signing agents make per signing?
Unlike a notary public, whose fees are often capped by the state, independent signing agents can earn between $75 and $200 per signing appointment. They can also charge additional fees for services like mailing the loan package, printing loan documents and transportation expenses (if applicable).
Are remote notaries in demand?
States such as California and Texas often see higher demand, increasing the potential for new notaries to secure more jobs. With an average of 5-10 notarizations per day, a notary in these states could earn between $125 and $500 daily.
What type of notaries make the most money?
Specialize in real estate closings
Make money as a notary public by becoming a loan signing agent and specializing in notarizing real estate documents. Loan signings are often more complex and command higher fees.
Can you be a notary at home?
A legitimate work-from-home job in 40 states
Traditionally, Notaries would meet with signers in person to perform notarial acts. However, it's now possible to provide Notary services online thanks to remote online notarization (RON) laws.
Is notary a good side hustle?
A Notary commission can open the door to more than a dozen additional money-making opportunities. Being a Notary shows that you have integrity and it establishes a level of trust that gives you a leg up on your competition — even if you're not directly using your commission for every freelance job that comes your way.
Is there a demand for loan signing agents?
The demand for skilled notary loan signing agents is increasing due to the trend of remote work and digital transactions.
Do loan signing agents pay taxes?
If you are a self-employed Notary Signing Agent, IRS Publication 17 states that you must pay self-employment tax if you had net earnings of $400 or more from fees for services other than notarizing documents (for example, traveling to a signer's home, delivering completed loan document packages, etc.).
Who hires remote online notaries?
Online Platforms And Resources
Many companies specializing in legal, real estate, and financial services offer remote notary openings. Platforms like Notarize, NotaryCam, and DocuSign provide job listings for qualified notaries.
Is it worth becoming an online notary?
Becoming a successful online notary can be challenging, and profitability may take some time. If you are patient and market yourself effectively, becoming an online notary can be worthwhile in the long run.
Is it stressful to be a notary?
Working as a Notary is flexible, rewarding and provides a valuable service to the public — but no one ever said it's a cakewalk. Notaries face many sources of stress on the job, including angry customers, illegal requests, irregular work hours and more.
Can you be a part-time notary?
It is simple, the start-up cost is fairly low and you can work either part-time or full-time. Mobile Notaries travel to signers' locations to notarize documents. They earn money by charging a fee for the notarization up to the limit allowed by their state's law. Some states also permit Notaries to charge a travel fee.
How to get clients as a notary signing agent?
- Advertise through word of mouth.
- Referrals from current customers.
- Offer discounts to signers.
- Always answer phone calls for Notary services.
What is the job outlook for a notary signing agent?
Being a notary signing agent has been considered one of the most prestigious and rewarding job profiles for many years and still is. But, as 2024 approaches, the market is ready to surprise a lot of notaries and signing services for sure and can dramatically transform the future of notary services.
What are the cons of remote online notarization?
- Here we cover six important reasons for NOT using Remote Online Notarization. ...
- Far Less Secure than In-Person. ...
- Huge Potential for Fraud. ...
- Huge Potential for Identity Theft. ...
- It Costs More. ...
- You Might Need a Do-Over. ...
- Unemployment. ...
- Conclusion.
How do I start a remote notary business?
- Meet your state's qualifications to become a traditional Notary.
- Apply or register to perform virtual notarizations.
- Pay the state's application fees.
- Complete a RON-specific training course (if applicable).
- Pass an exam (if applicable).
Is it worth being a loan signing agent?
High Earning Potential
Loan signing agents can earn a substantial income. Fees for each signing typically range from $75 to $200, allowing agents to increase their income based on the number of signings they complete.
Do banks hire loan signing agents?
Lenders and title companies hire Signing Agents as independent contractors to assist in the last step of the loan process, which enables the loan to be funded.
Is it hard to become a loan signing agent?
Anyone who meets the requirements to be a Notary Public in their state can go on to become a Signing Agent. To qualify for a Notary Public commission, generally you must be at least 18 years old, be a legal resident of your state and have no felony convictions.