How do loan signing agents get clients?

• Insurance companies.
• Mortgage companies.
• Title companies.
• Corporations — of any type.
• Real-estate companies.
• Construction companies.
• Schools — public or private of all levels.
• Any other company that requires notarization on a regular basis.

What type of notary makes the most money?

#1: Loan Signing Agent

One of the most lucrative ways to make money as a notary public is by becoming a loan signing agent.

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.

Can you make a living as a loan signing agent?

Becoming a notary loan signing agent is one of the best part-time income opportunities. Being a notary loan signing agent as your "side-hustle" allows you to start part-time with no experience, work your own hours, and make great money!

How do I become a successful loan signing agent?

Loan signing agents that provide quality services, including being punctual, professional, and efficient, are likely to be more successful than those who don't. It is also important to double-check all documents for errors before sending them back to the client.

What are the notary trends for 2024?

Welcoming 2024: Notary Trends on the Horizon

As we step into the new year, expect to see notary services embracing blockchain technology for enhanced security and transparency. Blockchain ensures that notarized documents remain tamper-proof and easily verifiable, providing an additional layer of trust.

Can you be a remote loan signing agent?

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.

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 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 do loan officers get new clients?

Mortgage loan officers get clients through networking, referrals, online marketing, and community engagement. Relationships with real estate agents, financial advisors, and past clients can generate referrals. Social media, email marketing, and educational workshops can also attract new clients.

Is it hard to get a signature loan?

Good credit required: You'll typically need strong credit to qualify for a signature loan with good terms. Borrowers with lower credit scores may face higher rates or have a hard time getting approved.

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.).

What is the difference between a loan signing agent and a notary signing agent?

Loan signing agents deal exclusively with loan documents and are specially trained and certified to do so. A notary public can be used for the notarization of most any other kind of document which is not related to loan agreements.

Are notary loan signing agents in demand?

The growing demand for convenience will most likely continue in the notary signing service industry; hence, the popularity of mobile notaries will not slow down anytime soon.

Can you be a loan signing agent with bad credit?

A total score below 25 points will make you eligible to work with lenders and title companies as a Notary Signing Agent.

Is notary star worth it?

If you are brand new or less than a year into your career we highly recommend you sign up for at least the Notary Star Membership to ensure you have the advanced training you need to conquer this industry.

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.

What is the most common mistake made by a notary?

One of the most common mistakes that notaries make is not printing or signing their name exactly as it appears on their notary commission.

What is the best side hustle from home?