Posted by Dimitri on 11/12/11 10:08pm
Msg #403706

The most important documents - Loan Signings

Hello! I am a beginner NSA. What are the most important parts of loan package? I know Note, Deed, Trust in Lending, Right to cancel, estimated closing statement. What are the other important ones? Thank you"!!!!!!!!!!!!!!!!!!!!

Reply by Les_CO on 11/12/11 10:46pm
Msg #403707

To those involved ALL the documents are important. It is not your call to decide the importance of a particular document. They ALL must be signed, dated, or initialed, and some sworn to and notarized, and the entire signed package returned in a timely manner, as per your instructions. Without all the documents properly executed the transaction will not be completed. Your job it to get everything signed/dated/initialed as instructed, and to witness the signatures. It’s easy… but there is NO room for errors. NONE!
You will find that the MOST IMPORTANT documents are the ones you made a mistake on, or didn't get properly signed or notarized. JMO

Reply by Jack/AL on 11/12/11 11:09pm
Msg #403708

It will help to learn the correct form names........

You can avoid some problems and confusion by learning the correct names of the forms, as normally printed across their tops. Rather than "Trust In Lending," it is "Truth In Lending." Rather than the "estimated closing statement," what we normally see is the "final closing statement," showing the numbers as they are at the time of the signing, which are intended and believed to be correct and final. It is more commonly titled on the form as the Settlement Statement or HUD-1. Some of those you mentioned are part of what are sometimes called the "critical" docs. When a title company or signing service mentions "critical" docs, such as when they tell me to fax the critical docs after the signing, I ask them to please specify exactly which forms they want faxed, for sometimes it's not exactly the same forms I think they'll specify. Yes, they are all important, and you'll get familiar by studying them intently and frequently.

Reply by Roger_OH on 11/12/11 11:38pm
Msg #403709

Dnitri, take everyone's advice here...

and do not do that Tuesday signing. You are putting the borrowers at risk by your lack of knowledge. Please don't attempt signings until you're very familiar with your state notary laws and have had training in loan signings!

Reply by Doris_CO on 11/12/11 11:51pm
Msg #403711

Re: Dnitri, take everyone's advice here...

It seems Roger and I were on the same wave-length.

Reply by HisHughness on 11/13/11 12:05am
Msg #403713

Dimitri has been blinded by the big bucks...

...he can make as a signing agent. He's gotten a whole $50, and all he has to do for it is to watch while somebody signs some papers. It's like finding a bird's nest on the ground.

Whaddya figger: Sox? Genuine Title? Nations Direct?

Reply by Dimitri on 11/13/11 12:19am
Msg #403717

Re: Dnitri, take everyone's advice here...

Loosers....

Reply by Susan Fischer on 11/13/11 1:42am
Msg #403724

A-hem. Dnitri - You have been given the golden coins of

the biz, and you can't even spell a school-yard retort.

If you ask such a question, in the manner you did, and can't take a truthful, honest-to-God-answer-no-kidding-around, tells your story.

You're trying to do family business with a blindfold on your brain.

The adult answer would be "Thanks for the great advice - I'll study up - I can see I have alot to learn."

Bye, kid.

Reply by Buddy Young on 11/13/11 10:19am
Msg #403742

Re: Loosers????????? Dimitir, you have to understand

when you ask a question like that, exposing your absence of knowlege of loan signings, you will get slammed.

Note that I didn't say lack of knowlege, I said absence of knowlege. So you ask the veterans here to train you. Are you looking for the easy way out, or some free training?

Suck it up mister 4 languages and put the time and effort in to study and learn.

Reply by Shoshana/AZ on 11/13/11 8:48am
Msg #403736

Actually, the estimated closing statement and the final

closing statement are two different things. The estimated closing statement comes out of CA.

Reply by Doris_CO on 11/12/11 11:47pm
Msg #403710

Msg #403355
"I am looking for some type of eBook or other material someone might have on NSA. I am Notary but never performed loan signings before. If someone is willing to help me, I would greatly appreciate it; and would reasonably compensate for your help."
Msg #403357
"I need to learn the basics of NSA by Tuesday. If someone can show me examples of documents NSA deal with, the purpose of documents, procedures, etc, I would greatly appreciate it. I can pay reasonable fee via PayPal. Thank you for helping !!!!"

Dimitri, on Nov 9th, you were asking the above questions. Now you're asking about "important parts of loan package". Are you still planning on accepting an assignment to close a loan on Tuesday?

Reply by Notarysigner on 11/13/11 12:16am
Msg #403714

....And getting the training with compensating ANYONE LOL n/m

Reply by Notarysigner on 11/13/11 12:17am
Msg #403715

meant to say WITHOUT n/m

Reply by Dimitri on 11/13/11 12:18am
Msg #403716

You guys are a bunch of ***. I just asked for help because I will sign for my relatives loan on Tuesday. I don't want to do this for my career. I already learned how to do signings.

By the way, I specialize in certified translations (fluent in 4 languages) and make around $80-$90 per translating one simple document such as Birth Certificate (15 minute work)


So long.....

Reply by Dimitri on 11/13/11 12:23am
Msg #403718

Oh..did I forget to mention I get 5-6 translations per day? And that clients come to me?

Good luck with your signings......

Reply by Notarysigner on 11/13/11 12:38am
Msg #403720

Poor Innocent Mean People translation PIMP n/m

Reply by PegiT_MN on 11/13/11 11:40am
Msg #403752

"Oh..did I forget to mention I get 5-6 translations per day? And that clients come to me?

Good luck with your signings......"


.......Don't give up your day job Dimitri!!!!!

Reply by wildflower on 11/13/11 1:46am
Msg #403725

Well, Duuuuuuuuuuuuuuhhhhhhhhhhhhhmitri if your 4 language speaking $80-$90 per translating Already learned how to do signings can do all this - You just wasted several $80- $90 per translating opportunities for $0. LMBO Get A clue- clueless!

Reply by HisHughness on 11/13/11 2:07am
Msg #403726

I think I have the picture now, Dimitri

You are a notary public with no experience in loan closings. Your inlaws have a loan that needs closing. To save them the fee of a signing agent, to earn the agent's fee yourself, you have persuaded them you can do the closing. Then you come to Notary Rotary for instruction on how to close a loan, in hopes of taking away a fee from one of the very people from whom you are asking advice. When you are uniformly told by the experienced signing agents who post here that you are unqualified, you trash them and their profession.

You don't place a premium on class, do you, Dimitri?

Reply by BrendaTx on 11/13/11 6:18am
Msg #403729

I wonder if Dimitri knows that doing work for relatives is

really a bad idea...so, many ways Dimitri can get his or her proverbial **** in a wringer over this one.

Reply by desktopfull on 11/13/11 10:38pm
Msg #403814

In FL you can't notarize for relatives. n/m

Reply by Linda_H/FL on 11/14/11 4:56am
Msg #403826

Depends on who it is - you can't notarize for

spouse, father, mother, sister, brother - doesn't say anything about relatives farther removed than that. I don't think it's a good idea but I'm not so sure it's precluded.

Reply by desktopfull on 11/14/11 7:42am
Msg #403833

Clarify, for immediate family, didn't mean 3rd cousins. n/m

Reply by Linda_H/FL on 11/14/11 12:10pm
Msg #403872

Here's what I wonder...

My husband's brother is a step brother - so kids are step nieces and nephews - we almost never see them as they live over 2 hours from us..

Wonder if I could notarize for brother-in-law and his kids since I would have absolutely NO interested in anything he does. (No interest in notarizing for him either but that's another story..LOL) Just curious about a situation like that.

Reply by Linda_H/FL on 11/13/11 7:44am
Msg #403732

that are feeding you here...

Tell your "relatives" that you don't do loan docs but you CAN do notarizations - tell them to pull the docs requiring notarization to the top and you'll take care of those for them but you can't go through the package because you don't do loans.

I'm sure as relatives they'll understand that..

IMPO you've lost any possible credibility and I, for one, don't believe it's for relatives - I think you took a job and now don't know what to do with it so you want this forum to bail your butt out while you shoot at us for stating the truth.

And I, for one, don't appreciate your name-calling when you're told the truth - you're making a mistake doing closing. Suck it up, admit to it, and tell them you can't do it - you'll be doing everyone a favor.

JMO

Reply by Roger_OH on 11/13/11 10:56am
Msg #403748

In any language...

There's nothing we can do that will overcome what he will not do.

My sympathies to the borrowers if it doesn't fund, or the delay resulting from his errors causes them to lose their rate lock.

Reply by Dimitri on 11/13/11 2:21pm
Msg #403762

Got certified today - NNA Certified NSA. Background is on the way. Purchased 50000 E&O and a nice 2 tray Brother printer....Ready for those signings!

Reply by FlaNotary2 on 11/13/11 3:05pm
Msg #403767

Good luck jerk

Wow, teach us a lesson! Hope you don't get sued due to your not having a clue what you are doing...

Reply by Dimitri on 11/13/11 3:44pm
Msg #403768

Message Deleted

This message has been deleted by a forum moderator.

Reason: Abusive

Reply by GOLDGIRL/CA on 11/13/11 4:56pm
Msg #403771

Speaking of asses ...

The thing that amazes me so much about you, Dimitri, (with the accent on Dim) is your appalling sense of entitlement. Your Nov. 9 post was similar to going on to a physicians chat board and saying, "Yikes! I have to perform brain surgery Tuesday morning. Give me some tips. I've never done it before." Now you return, saying that so far you've discovered that the important parts of this type surgery are the brain, the skull, the anesthesia and a nurse.

Almost as appalling was your continued emphasis on wanting all this information "cheap" and quick. Finally, you insult those on this board, all of whom have given you excellent advice, by not saying "Thanks" but only managing to sputter out "Ass." What class (with the emphasis on ass).

Speaking of brains, if you had any, you would have taken this weekend to perhaps think outside the box since you have emergency "surgery" right around the corner. You could have, for example, randomly called a few LOs, or a few EOs or even a few nearby NSAs and offered to pay them "handsomly" (not "reasonably" as was you first offer, aka cheap) to spend the weekend going over sample loan packages and sample title docs with you in an effort to avoid complete meltdown Tuesday.

Lastly, if you read the heading at the top of this board, it says "Serving Professional Notaries Public Nationwide" (with an emphasis on Professional). Clearly, you don't belong here.

Reply by Buddy Young on 11/13/11 7:07pm
Msg #403779

Re: Great job, Goldgirl n/m

Reply by Dimitri on 11/13/11 8:07pm
Msg #403788

Re: Speaking of asses ...

Goldgirl: Well, it is obvious that no one requires your "professionalism" since you took whole lot of time to write 4 paragraphs above. .......hmmmm......looser?

Reply by FlaNotary2 on 11/13/11 8:13pm
Msg #403791

Looser? n/m

Reply by Buddy Young on 11/13/11 7:04pm
Msg #403778

Re: You took my advice from your last question

the other day. Smartest thing you could have done.

Reply by MW/VA on 11/13/11 8:02pm
Msg #403787

These are the kind of threads that make me seriously

consider why I participate on this forum. Nasty, nasty, nasty--no excuse for it.
He asked a question--answer it in a civil way or let it go. It seems the sharks go into a feeding frenzy if they think there's some new blood in the tank. Yessshhhhh! :-(

Reply by Dimitri on 11/13/11 8:09pm
Msg #403789

Re: These are the kind of threads that make me seriously

Exactly. At least there is one professional and helpful person on this forum - MW. Others do not fit into "professional" criteria.

Reply by FlaNotary2 on 11/13/11 8:12pm
Msg #403790

Puh-leez... n/m

Reply by Dimitri on 11/13/11 8:16pm
Msg #403793

Message Deleted

This message has been deleted by a forum moderator.

Reason: Abusive

Reply by Linda_H/FL on 11/13/11 8:23pm
Msg #403794

You're done, pal...you've done nothing but

insult those who choose not to spoon-feed you...you have a lot of nerve coming on here with that attitude of yours.

We don't owe you a thing...so stop thinking we do.

Reported - and will continue to report every time you open your yap excessively from now on.

Reply by Dimitri on 11/13/11 8:25pm
Msg #403795

Re: You're done, pal...you've done nothing but

Reported

Reply by Linda_H/FL on 11/13/11 8:31pm
Msg #403800

LOL...too funny!! n/m

Reply by Dimitri on 11/13/11 8:33pm
Msg #403802

Re: LOL...too funny!!

Reported

Reply by FlaNotary2 on 11/13/11 8:25pm
Msg #403796

Hmmm, I'm the idiot?

Let's see... I knew more about being a signing agent, having never done a signing, then you will know after a thousand signings.

I am one of 17 notary educators approved in Florida... do you even know how to administer an oath? Take an acknowledgment?

I've been an expert witness in six court cases on notary law... have you ever read a book on notary law? Have you ever read your state's notary laws in their entirety? Have you ever read your handbook? Do you realize that there IS a handbook? Or did you just buy the book that the NNA sold to you as part of your oh-so-revered NSA certification?

I *AM* a professional... not a check-cashing clerk that likes to play notary once in a while.
I belong on this board, you do not. I know how to spell "loser", you do not.

I *KNOW* the limits of the notary profession. I know that the market can not handle much more signing agents. You, against the advice of the members on this board - many of whom have been signing agents for many, many years - apparently know better than us. You go girl.


Don't come crying when you fall on your face or wind up the subject of a lawsuit.

These are my eyes and if you don't like em you can pluck em out and gimme two mo. How bout dat?

Reply by Dimitri on 11/13/11 8:28pm
Msg #403797

Re: Hmmm, I'm the idiot?

So called professional. Your days are over.....No one needs you. Deal with it!

Reply by Dimitri on 11/13/11 8:29pm
Msg #403798

Re: Hmmm, I'm the idiot?

Are you a notary with masters degree? No? Wait.....I am.....

Reply by FlaNotary2 on 11/13/11 8:31pm
Msg #403801

Ha! You're so funny.

I just got back from a paralegal convention where I was asked to speak on notary law. All expense paid trip, fool!

Reply by Dimitri on 11/13/11 8:30pm
Msg #403799

Re: Hmmm, I'm the idiot?

Do all of these skills help you making 90k a year? No? I make that much....

Reply by FlaNotary2 on 11/13/11 8:33pm
Msg #403803

LOL oh goodness! n/m

Reply by Dimitri on 11/13/11 8:35pm
Msg #403804

Re: LOL oh goodness!

Dont believe me? Would you like a copy of my masters diploma and or paycheck? Pm me and i will show it to you

Reply by FlaNotary2 on 11/13/11 8:38pm
Msg #403805

Your masters diploma doesn't mean a thing in the

NSA business.

If you don't know how to sign a loan, no master's degree program will teach you.

"When ya garbage, ya garbage". And I am officially done with this conversation.

Reply by Dimitri on 11/13/11 8:39pm
Msg #403806

Re: Your masters diploma doesn't mean a thing in the

Trash

Reply by Buddy Young on 11/13/11 9:34pm
Msg #403813

Re: Your masters diploma doesn't mean a thing in the

You have a masters degree and the best you can come up with is loser??

Obviously your degree is not in the command of the english language.

I won't lower myself to your level by going any farther.

Reply by MW/VA on 11/13/11 8:47pm
Msg #403808

Stop this--it has become childish & purely abusive!!!! n/m

Reply by FlaNotary2 on 11/13/11 8:54pm
Msg #403811

Typical, MW - defend the "victim"

Never mind all of HIS inappropriate posts. As long as I'm involved it doesn't take you long to pick a side, right?

Reply by desktopfull on 11/14/11 12:12am
Msg #403819

Re: These are the kind of threads that make me seriously

"Others do not fit into "professional" criteria."

You included.

Reply by desktopfull on 11/14/11 12:10am
Msg #403818

Re: These are the kind of threads that make me seriously

From reading the thread, it was Dimitri that made the remark "LOSERS" after receiving the proper advice from 4 veteran NSA's. He continued his verbal assault throughout the rest of this thread. The others, unfortunately, responded in kind, but he brought it upon himself. No one went after him first.

Reply by jba/fl on 11/14/11 9:57am
Msg #403850

He never said 'Loser' - he said 'Looser'. He doesn't even

have a ship to command and low command of the English language.

Translation: that may depend upon the language going to. LOL