Imagine having the freedom to make your own schedule and earn unlimited income- all while playing a vital role in one of the most lucrative industries out there. As a certified loan signing agent, you can enjoy that dream lifestyle.
This specialized role in the real estate transaction process is critical for lenders to mitigate risk and protect themselves from fraud. Without a professional loan signing agent, the entire mortgage process could grind to a halt.
The best part? As a loan signing agent, you get to be your own boss and set your own schedule around your life’s commitments. No stuffy office, no time-wasting commutes – you simply go to the signing appointments when and where they are scheduled, which can be mornings, evenings, weekends, etc.
1. What is a Loan Signing Agent?
Loan signing agents are independent contracted professionals who act as an impartial third-party witness for the signing of mortgage loan documents. When a buyer is ready to close on a new home, the loan signing agent is hired by the lender to ensure all paperwork is executed properly and without undue influence.
Even better, your income isn’t capped by an employer’s payroll budget. The more signings you are able to take on, the more you get paid. Experienced, highly productive loan signing agents can earn well into the six-figures annually!
So if you’re looking for an exciting and lucrative career that lets you call the shots with your time and income, exploring loan signing agent certification could be the pathway to professional freedom.
2. Why Become A Loan Signing Agent?
- Flexible schedule and ability to be your own boss.
- Unlimited earning potential based on the number of signings
- Low start-up costs and no formal education required
- Opportunity to work in the lucrative real estate industry
Pros: You have complete control over your work life. No more asking for permission to take off work for doctor appointments or child care.
Cons: Need a reliable mode of transportation. Working long days and nights sometimes are required, and extensive travel may be involved for some signings.
3. How to Become a Certified Loan Signing Agent
- Step 1: You must become a Notary Public First/Complete a loan signing agent training /certification course
- Step 2: Get Errors& Omissions insurance and bonding
- Step 3: Obtain necessary licenses/registration for your state
- Step 4: You must get a background check done (companies will require this to sign up)
- Step5: Order your official notary stamp and journal book
https://notary.net/supplies/notary-stamps-embossers/notary-stamps/?ref=12789
I advise ordering professional-looking business cards with your picture, business name, and logo. Go online and download your state requirements for a loan signing agent. This will help guide you on your journey.
4. Book flights on Tuesdays and Wednesdays to get the cheapest fares
The best time to book a flight is on Tuesday or Wednesday. That’s because most people are looking for flights over the weekend, so you can find some great deals if you have patience!
I first learned this trick from my flight attendant friends – and I can now confirm it works amazingly well! I’ve saved thousands of dollars by simply following this one travel hack.
5. Use Google Maps offline so you can still navigate even without a connection
If you’re driving or walking between places and don’t have a data connection, use Google Maps’ offline mode. It’ll still give you directions and useful information like the distance to your destination, what streets to take, and how long it’ll take to get there.
You can also download a map of your places of interest ahead of time, and then you get to use it anywhere – even on things like subways!
6. Carry a credit card from home country as well as one from destination country
If you are traveling to another country, it’s always a good idea to bring your credit card from your home country with you. You don’t want to rely on just one or two cards when travelling because that could be risky if one of them gets lost or stolen.
I always bring my credit card from home, as well as one from the place I’m going or alternatively an international card such as Revolut. In case anything happens, I always have a way to get money and communicate with people at home.
What are your own best travel hacks?
Traveling can be a stressful and terrifying experience, but it doesn’t have to be.
By following these simple tips, you will always know what to expect, where your passport is at all times, how much money you’re spending on flights and accommodations (and when), and most importantly, that you are ready in case of emergency.
What are some of your own best traveling hacks? Share them with us below!