Posted by Rosa_CA on 8/15/05 3:47pm
Msg #59178

Loan doc class..

How does a Loan doc class help w/notarizing?

Reply by dalola on 8/15/05 4:15pm
Msg #59183

some what and you have the notes for ref.

Reply by Charm_AL on 8/15/05 4:26pm
Msg #59186

here is a list of loan doc definitions.

http://www.americannn.com/resources/resourcefs.html

I'm an advocate of education, so if you can afford to take a class, go for it! good luck

Reply by Rosa_CA on 8/15/05 4:29pm
Msg #59189

Thanks! I actually signed up, when I took my notary exam.... and have my class this weekend...
Thanks again!

Reply by CaliNotary on 8/16/05 2:43am
Msg #59323

You haven't even taken the class yet, yet you're already doing loan signings (and apparently screwing them up) and wanting to market your services directly to title companies?

Is there some reason why learning how to do the job before you actually start to do it didn't occur to you? Or do you just not really care about the loan docs, you just want to make that easy money ASAP?

Reply by Rosa_CA on 8/16/05 12:27pm
Msg #59402

First of all, I DID NOT screw up the loan docs....
2nd of all, you have to start somewhere correct? How else do you get the hands on training? I didn't realize everybody was so rude on this website...

Reply by CarolynCO on 8/16/05 1:36pm
Msg #59424

Re: to Rosa

Part of the reason you are getting the reception you are getting is because you are simply asking, asking and asking very general and basic Notary 101 questions. There is a wealth of information contained in messages on NotRot -- it's there for the reading.

*2nd of all, you have to start somewhere correct?*

A signing agent deals with borrowers who are signing probably the most important documents in their life, or at least docs that will have a major impact on their lives. If *having to start somewhere* is your answer for your ignorance of loan documents and what the duties of a notary are, I can't stress enough that you purchase the maximum amount of E&O insurance because you are going to need it sooner rather than later.

Reply by Roger/OH on 8/16/05 2:32pm
Msg #59438

Re: to Rosa

Another reason for the reception is that you initially posted about soliciting escrow companies when it's clear from your basic questions you haven't the experience to even think about approaching them yet. Suggest you sign up with as many SS as you can to get the experience you'll need; title and escrow companies are very unforgiving about errors.
Try not to take it negatively; the responses are truly trying to help prevent you from getting into a situation you are not ready for, when someone's loan is on the line.

Reply by CarolynCO on 8/16/05 3:32pm
Msg #59446

Re: to Rosa - P.S.

I would much rather someone be blunt with me, i.e., what you consider being rude, and telling me that I have no business being in this arena until I have done my homework/research, i.e., searching the internet and reading, reading, and reading before ever posting a question of my own.

The better prepared you are, the better informed you will be with not only the docs but with borrowers' questions. If you are sitting at the table and Mr. or Mrs. Borrower ask a specific question, what are you going to do?--how are you going to know if it is a question you can legally answer, or if it will be considered unauthorized practicing of law, i.e., UPL.

Can you define a jurat and an acknowledgment?--and can you explain the differences betweeen them? And please don't ask because the question has been beaten to death.

Being a notary and a notary signing agent is not rocket science, but it takes knowledge on your part *before* you notarize a document whether general notarization or a loan document. You need to know California's (??) notarization rules forward and backward. I'm willing to help anyone who shows me that they are helping themself, but I refuse to offer help to someone who has no desire to read/research their own questions on their own first.

Reply by Rosa_CA on 8/16/05 4:01pm
Msg #59456

Re: to Rosa - P.S.

Well thank you, you have a point.... I will continue researching on my own....

Reply by CarolynCO on 8/16/05 4:20pm
Msg #59468

Re: to Rosa - P.S.

That's exactly the point I was trying to get through to you. There's nothing wrong with asking a *clarification* question after you've searched the question first.

Additionally, if you've begun this venture after paying money to the NNA, even though they have a call center where you can ask questions, please be aware that you stand a 50-50 chance of them answering correctly. However, since you are both in California, you probably stand a much better chance of getting a *truer* answer than the answer given for another state because notary laws are state-specific, and another reason you were asked where you were located when you began posting.

Reply by TitleGalCA on 8/16/05 4:31pm
Msg #59472

Re: to Rosa - P.S.

Rosa, you're getting good advice here. Nobody is trying to be harsh, it's just the facts. It's just not fair to your clients and especially the borrowers that you don't know what you'r'e doing. They deserve a fair and impartial SA to go over their docs and direct them if they have questions.

go to thread 33325 and READ IT, all of it, and follow the advice. You'll see many of the experts there and they know what they're talking about (including some of those who you might think are mean).

Reply by Rosa_CA on 8/16/05 4:51pm
Msg #59484

Re: to Rosa - P.S.

Yes, thank you... I will print it out...

Thanks to all!