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esigning help
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esigning help
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Posted by Janis A Curtis on 3/1/11 5:50pm
Msg #374662

esigning help

I am a new Notary and really want to concentrate on e signing. Can anyone elaborate on process in a nutshell. thanks

Reply by John/CT on 3/1/11 6:15pm
Msg #374664

Re: esigning

Janis, this is a process that more complicated than can be easily fit into a "nutshell". Methinks as a newcomer in this business, you need to cut your teeth on the notary signing agent basics first.

Reply by Les_CO on 3/1/11 6:17pm
Msg #374665

The same as a ‘regular’ signing, but with the borrowers ‘checking’ certain boxes online.

Reply by Lee/AR on 3/1/11 6:17pm
Msg #374666

Generally speaking, there is not a tremendous need for it. But, if it still floats your boat, (nutshell version) you'll need a laptop, aircard (or at least the ability to connect a computer to the 'net); you'll still need to laser print some of the docs and have them wet-signed & return those. The rest are 'e-signed' by the B's clicking thru them online. They don't seem to want to pay a whole lot for these as 'you're not printing all', so learn to negotiate well because the equipment needed costs~~

Reply by JerryhFL on 3/1/11 6:38pm
Msg #374668

Try this link

http://www.esignmortgage.com/welcometoESign.htm

Reply by Alz on 3/2/11 11:08am
Msg #374753

And this one

https://paperless.flagstar.com/title/

Reply by BobbiCT on 3/2/11 7:24am
Msg #374700

"New" notary

For Connecticut, if you plan to go to borrower's homes, make sure that you have GOOD wireless service for your laptop. Or, if you plan to have the borrower's print their own documents, make sure they have a FAST connection, laser printer, and bring a package of letter and legal paper with you. "New in CT" piece of advice: ALWAYS confirm that the witness will be available when you arrive! (Nothing like waiting 30 minutes because the borrowers' forgot to get a witness or the witness is "running late" from work, picking up children at daycare, ballet lessons, baseball or basketball practice.)

The attorneys who do this in their offices prefer at least a 17" monitor (easier for borrowers to read what they are "signing") and use two mice - one for each borrower, which makes the "signing" go faster.

The main thing: Do your cost analysis for the equipment you need, maintenance, air time, supplies, travel and actual time with the borrowers (30 minutes to 1 hour). Even if you write off your time as a loss, you want to at least recover your out-of-pocket costs. The DIY "we only need a notary" at $5 per notarization and 35 cents per mile maximum for travel may not be profitable. I recommend that you have those customers come to your home office.


 
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