Posted by LisaWI on 7/24/07 5:08pm
Msg #201525

Say What??!!

$30 for 61 miles one way. Loan application signing for a RM. Dont forget you "MIGHT" get the signing so why would you turn this opportunity down, LOL.
This is the best one yet for me.
My daughter has a saying "whadda think I am, stupid?" I wonder if that applies here???

Reply by snowflake/PA on 7/24/07 5:29pm
Msg #201526

Was it Nations Direct?

Reply by KimK/pa on 7/24/07 5:31pm
Msg #201527

Lisa,
I was just offered a signing for $40 that would take me 40 minutes to get there, one way!
50 cents a mile and a free signing, hmmmmm..... Let me think....... That is too tempting. I think I will pass. The scheduler told me its not about the fee but the abundance of signings I would do for them.
60 miles for $30 you do have me beat.

Reply by LisaWI on 7/24/07 5:38pm
Msg #201529

Re:Not Nations Direct

I hear ya, this one would have paid for my gas and use of the car. RM app to boot. An hour to an hour and a half probably. Two hours driving time.
I told her my fee which was over 3 times that and she sounded slightly surprised. The best part was trying to sell me the appt by means of letting me know I could have the signing too. Like that was some kind of bonus.
I cant keep my mouth shut anymore. These are ridiculous offers for the services we provide and whoever owns these companies should be ashamed of themselves. But I know it doesnt even matter to them. I wish they would prove me wrong.
End of Rant

Reply by KimK/pa on 7/24/07 5:42pm
Msg #201530

Ok that would not be 50 cents a mile but 50 cents a minute. And yes it was Nations Direct.

Reply by LC/AZ on 7/24/07 5:49pm
Msg #201531

If someone accepts this assignment for that fee, will someone check the county recorder's website and find out who the notary was? Then, go and put a dead horse's head in their bed, while they're sleeping! (The Godfather)

Reply by MC_oh on 7/24/07 5:59pm
Msg #201533

in OH if you take the application, you can NOT do the signing. It's considered a conflict of interest, even though your not getting the LO commission.

I was promised a similar deal and the app. paid close to what the signing would, but took twice as long. I never do apps. anymore

Reply by Margaret_FL on 7/24/07 6:15pm
Msg #201536

I get $200.00 for an application and I can do the closing because with this company I am not the loan officer.

Reply by LisaWI on 7/24/07 6:19pm
Msg #201540

Re: $200 for just the app signing??

Or is that $200 for the loan app signing and the regular signing after that? That I could deal with. What happens if the loan doesnt go thru though? Im guessing you still get compensated fairly for your efforts and hard work, right?

Reply by Margaret_FL on 7/24/07 7:00pm
Msg #201544

Re: $200 for just the app signing??

Thats $200 for the app and another $200 at closing. They also pay if the application does not go through and $50 for a no sign. One appointment the daughter showed up and would not let the mother sign that day. I got $50 for that day and $200 when I went back out. So far all the loans have gone through. But you still get paid within a week of the application and the loans take 4-6 weeks to close. They have to go through a FHA review which takes a while.

Reply by JohnnyB on 7/24/07 6:18pm
Msg #201538

This fee would be quite acceptable in my state of Rhode Island. No one complains about fees except yours truly. What is the message number for calculating profit on a signing?
Can someone please publish this again?

Reply by Rachel/ORWA on 7/24/07 11:02pm
Msg #201624

#197577 is the one where we formed our mutual admiration society... it's a good place to start!

Reply by JohnnyB on 7/24/07 6:25pm
Msg #201542

Re: well, it pays the bills

Nations Direct assumes we live in caves, lol

Reply by Calnotary on 7/24/07 7:18pm
Msg #201545

Re: well, it pays the bills

I am so lucky that I never receive calls from nations direct. But it will be a waste of my cell minutes just to say no to them. They are not worth one minute of my cell minutes and I have 1400 per month.