Posted by Jenny_CA on 7/21/06 4:37am
Msg #134438

Questions for Spanish speaking notaries

Have you seen docs with the borrowers set in Spanish but they signed the English set? If so who was/were the lender(s)?

Did it take you extra time handling the Spanish set or did you just go over the English set and had them read the Spanish set on their own?

Any time saving suggestions or tips with Spanish and English docs?

Reply by christiSocal on 7/21/06 4:49am
Msg #134439

I don't speak spanish but have a question. If the borrowers don't read english, is it ok for them to be signing something they don't understand? How do they know if their docs and the english set are the same? I'd be real careful with this... Also what lender would do this? Sounds like they're asking for a lawsuit.

Reply by Jenny_CA on 7/21/06 5:04am
Msg #134440

I actually do a lot of Spanish speaking signings . If you can communicate with a person in their language the docs don't have to be in their language. It is the same thing as with English signings if they have questions on the loan they call their loan officer who usually speaks Spanish.

I asked the question because I have heard that there are some lenders that have docs in Spanish, haven't heard of them being in any other foreign language.

English only docs have been signed by many people for many years, even immigration documents are in English, car loans, etc.

Reply by ananotary on 7/21/06 8:05am
Msg #134445

Hi Jenny,

Only once in three years have I had a set of docs that were in Spanish. The lender was Ameriquest if I remember correctly.And even then it was only the note, deed, TIL, RTC and some of the disclosures. It was not all of the documents. In order to save some time with the spanish speaking borrowers I always go over the note, deed, HUD, etc. first. Usually they feel better when they see that the numbers all jive.

I now charge extra for spanish speaking borrowers. I hope you do too, because I have had no problem getting paid the extra fee. We have to block out more time for them, so it makes sense to charge a higher fee. Plus in the regular working world, if you speak spanish or any other language, you get paid for it, at least I did.

Reply by mjv on 7/21/06 10:08am
Msg #134469

I do pretty much all my signings in spanish, I don't charge extra (I don't know why). And I haven't seen any docs in Spanish, so it does take more time to explain.

Reply by mjv on 7/21/06 10:10am
Msg #134470

Re: Jenny, where in Ca are u? n/m

Reply by Jenny_CA on 7/21/06 2:40pm
Msg #134528

Where are you MJV? n/m

Reply by Calnotary on 7/21/06 11:45am
Msg #134493

Hi Jenny, I had just one lender that had some docs in Spanish. TIL,Note, RTC and I think the DOT.
That was for a terrible lender, HOPE 4 LOANS. And the most terrible thing was that the translation
was as bad as their loans. Of course I never tell or comment on how their loan is.


Gracias chica. Saludos.

Reply by ewing2surf on 7/21/06 11:59am
Msg #134501

Hispanics get the best Loans (Not) n/m

Reply by christiSocal on 7/21/06 1:30pm
Msg #134513

rephrasing

I guess what I meant was, unless you go thru the docs word for word how do you (or the borrowers) know they say the same thing? At least with english copies it's pretty easy to see that they are the same. It would just make me a bit uncomfortable.

Reply by Brooke Squyres on 7/21/06 4:50pm
Msg #134550

spanish -speaking closings

Hi Jenny- I have been doing spanish-speaking closings for a while(not as long as you have, I don't think), about a third of my business is in Spanish.I have never seen Spanish language docs; I charge what I can, but a lot of my clients are my regular clients in English, so I appreciate the business and charge the same. Yes, sometimes it takes longer, but they are the nicest borrowers by far!!!!!!!!! I never leave without a a case of strawberries or limones from their trees, etc. I also think that we are providing a service that a lot of notaries cannot, therefore clients will seek you out and you have a special "niche" in Notary World.lol.