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Loan Signing
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Loan Signing
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Posted by Anonymous on 6/13/06 3:32pm
Msg #125655

Loan Signing

When notarizing a loan signing, 2 forms of ID's are necessary correct?



Reply by Sylvia_FL on 6/13/06 4:05pm
Msg #125664

Depends on the company.

Reply by Ndwa on 6/13/06 4:12pm
Msg #125667

Are you taking a test? n/m

Reply by BrendaTx on 6/13/06 6:52pm
Msg #125739

http://www.ss.ca.gov/business/notary/notary_hdbk.pdf
Read your notary rules....THEN you'll be ready to learn how to sign loans. There is a big difference in the notarial function and the loan signing function.

Reply by Ernest__CT on 6/13/06 8:15pm
Msg #125759

Heartily seconding Brenda

Unless you know the Notary Public laws and rules for your state absolutely cold, don't even think of doing loan signings! The notarial acts for loan closings are important, but so is every notarial act. Get some non-loan notary work under your belt first.

Reply by LynnNC on 6/14/06 7:16am
Msg #125812

Follow the instructions given.

Some lenders and some documents will require two forms of ID. Various possibilites are that you will need to record one or two forms of ID and you may need to obtain a copy of one form of ID, two forms, or no copy of ID at all.

Again, read and follow the instructions.


 
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