Posted by LisaWI on 1/31/07 10:49am
Msg #173396

Cross Country Closers

Has anyone heard of them? They are out of Missouri. They are offering classes to become a mobile closer. Minimum closing fee you can earn, according to their website is $50. Another industry fee killer?????

Reply by ZeeCA on 1/31/07 11:21am
Msg #173402

Prob NNA as they are attaching their classes now to the webs

ites of the ss

Reply by LisaWI on 1/31/07 11:24am
Msg #173403

Re: Prob NNA as they are attaching their classes now to the webs

NNA not mentioned on their website. Check it out. www.ccclosers.com. They are offering classes along with a printer, ink, and paper. No, Im not interested, just being a cat again. MEOW!!!!

Reply by ZeeCA on 1/31/07 11:40am
Msg #173408

Re: Prob NNA as they are NO NO NO !~ read more...

no it is their own program... I clicked around... it is not the usual stamp etc...

It is $2,000 for the course and you get a used (low level) brother printer, a ream of legal and letter and a journal....

and you have to already be a notary in your state... this is just the NSA portion....

btw, they claim over $100,000 profit in the first year....

any suckers... err takers????


meow YES

Reply by PAW on 1/31/07 1:05pm
Msg #173418

Re: Prob NNA as they are NO NO NO !~ read more...

That's not what their website says. On the "Fees" page, they state:

----- ----- -----
•Re-furbished commercial grade HP 2-drawer Laser Printer, two re-manufactured toner cartridges.

•Brother Fax Machine with two new toner cartridges.

•Case of Letter-size paper.

•Case of Legal-size paper.
----- ----- -----

Not a Brother printer, but an HP printer. And a CASE of letter & legal, not a ream.

They also do not claim "over $100,000 profit in the first year". They made the statement, "Before we knew it, we were grossing over $100,000 per year in loan closings — not too bad considering the only real overhead was a dependable vehicle."

I'm not defending them as I have never worked with them for any reason and don't know anything about their background. But, I do think that if you're going to post information about a company, you post accurate information.

Reply by ZeeCA on 1/31/07 1:10pm
Msg #173422

sry, i just read it quickly.... you are correct, my bad sry n/m

Reply by Lee/AR on 1/31/07 2:09pm
Msg #173427

Read it thoroughly. Yep, in St. Louis two people might have made that once upon a time. The fees they quote seem reasonably close to SS market. However, St. Louis aside, MO's population is well-spread out and there are counties with maybe 7000 people in 'em. This business requires a large probably metropolitan population or it's strictly part-time or you are traveling for hours to do ONE.

Reply by Ndwa on 1/31/07 8:58pm
Msg #173468

Just skimmed through their website and found:

****An Independent Witness Loan Closing Agent will never close on a purchase loan.****

Anyone know if that apply to only MO?


****We'll teach you the "tricks of the trade" and provide you with an on-going support network for questions that may come up as you begin your new career.****

Who do you think their "on-going support network" is? Possibly....NOTARY ROTARY along with other forums.

Reply by MikeC/NY on 1/31/07 10:07pm
Msg #173475

"****An Independent Witness Loan Closing Agent will never close on a purchase loan.****

Anyone know if that apply to only MO?"

It applies in NY for in-state purchases.

Purchases in NY are table-funded, so there are attorneys on both sides, olus a bank attorney and a closer representing the title company at the table. The closer is not just an SA - there's a lot more involved, and you need to be trained to do it properly.

Refis, 2nd mortages, HELOCs, and some out-of-state purchases can usually be handled by an SA, but unless you've been trained as a title closer you're probably not going to be doing purchase loans in NY.