Has anyone signed up with this company...I've never paid to be on a list but, this one had a good advertisement talking about higher pay and thought I'd check here to see if legit.????
Here is there ad:
Or are you being paid less than minimum wage by accepting those $50-$75 loan signing jobs?
It’s no secret that loan signing assignments are taking more time, mortgage document packages are larger, while fuel, paper, E&O insurance and other costs are going up, making it difficult (or even impossible) for you to make a profit... any profit.
The "loan signing fee" has its very own line on every closing statement - it’s typically $125 - $200 per appointment. Whether it is $125, $150 or $200 - the fee is set by what the escrow company allows signing agents to charge. The amount that you as a loan signing agent make off that $150-200 is determined by where you get your loan signing appointment.
If you get loan signing through a loan signing service, you'll end up splitting the loan signing fee and making $50 to $100 (50% of what escrow or title company pays). If you get direct loan signing business - directly from the escrow or title company officer - you keep every penny you see on the closing statement. Whether that be $125, $150 or $200.
Just as you know - $150 is the industry norm, but $200 absolutely does happen. $150 to $200 dollars ensures an escrow or title officer that they are hiring a professional loan signing agent.
Join SIGNINGAGENTASAP today and get your full fee.
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