Posted by Yemi Akinbodunse on 4/23/13 3:25pm
Msg #466790

New to the Loan Signing Business

I am wondering are there any companies that are good for begining loan signing agents? Also, I was wondering how much personal information do these companies normally ask for?

Reply by desktopfull on 4/23/13 3:29pm
Msg #466791

Welcome, I suggest you use the "Orange" search button. Your

questions have been answered many times on this forum.

Reply by JanetK_CA on 4/23/13 3:39pm
Msg #466793

Yes, there are a good number of companies who will be happy to hire you... they just won't ever get around to paying you for your efforts. If you're new to this business, I strongly recommend that you spend a lot of time reading as much as you can on this forum. Posts going back years are stored here in the archives and are accessible via the orange Search button on the first page of the forum. You can also start and the beginning and read forward or start at present and read back. There's lots of valuable info here already stored.

Learn about the industry, and about the signing business, and try to keep from becoming a victim - or part of the problem by working for fees that that might end up costing you money instead of making you money, after expenses.

As for your personal info, some of them ask for way more than you should give, eg. for a social security #, for starters. I strongly recommend you NEVER give that out. You can get an EIN number online in a matter of minutes and that's what you should use instead. More info on that is available here for the searching.

Reply by 101livescan on 4/23/13 4:15pm
Msg #466805

WORD OF CAUTION

There are many venomous snakes in the signing jungle.

There are to begin with:

People out there with arrest and conviction records for issues of moral perpitutde, charges of Forgery and ID theft.

People out there running signing services who cannot become notaries in their life time due to the criminal charges against their record.

People out there running signing services who cannot even get hired by Taco Bell, Target or Walmart due to issues of moral terpitude, that is, felony charges of ID theft and forgery for the purpose of their own financial gain, risking other people's credit history and indebtedness.

People out there who can't even have their own business and checking account because they defrauded the very bank they may be serving in the capacity as a signing service. Bank doesn't even know it...yet!

People out there you wouldn't want to leave your own children or canine with while you ran to the grocery store!

People who have no integrity or moral compass. Never have and never will, not in their character.

Just a word of caution. Do not provide your social security number or other personal information to a perfect stranger who could defraud your ID.

Be sure to read this forum front to back before you jump in. Save yourself a lot of pain and agony, because you are the CEO of your own notary/loan signing business, and there exist a few pitfalls you should be aware of.

Pay yourself first, i.e., make sure you evaluate what you need to earn to cover all your expenses.

Good luck!