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Internet loans vs. local
Posted by Anonymous of MI on 9/18/05 10:23pm Msg #65979
(I'm posting this anonymously in case this is a stupid question. But it is asked sincerely, and I really want to know.)

All the loan signings I am getting are not local lenders. Do all these loans originate from borrowers looking for loans online or through other forms of national adversiting? Of course, I'm not going to ask the borrowers how they found their lender. So I'm hoping some of you will tell me of possible scenarios of why someone would need a mobile notary signing agent.

Also, if you approach a local title company about doing signings for them (which I will do once I get more experience), will these be only for people who have gone to their local bank for a loan?

I have a friend who works for an insurance company who also has a title company division, and she has offered to put me in touch with the president of their title company. But she doesn't understand why title companies would hire someone rather than do it themselves, except for the convenience of home signings.

It would be great if someone would go through a simple step-by-step of what happens before we are called for a signing--such as: borrower contacts lender, lender hires title company (local to lender or borrower???), title company hires signing service, signing service calls us.

Thanks.
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Messages in this Thread
 Internet loans vs. local - Anonymous on 9/18/05 10:23pm
 Re: Internet loans vs. local -  Renee Kovacs on 9/19/05 4:28am
 Re: Internet loans vs. local - MBCA on 9/19/05 8:42am
 BrendaTX "life of a loan" -  TitleGalCA on 9/19/05 11:03am
 Re: BrendaTX "life of a loan" - SarahBeth_CA on 9/19/05 11:50am
 Added the Life of a Loan to 33325... - BrendaTX on 9/19/05 1:10pm
 What 1-2-3 steps are needed to add a post to thread? N/M - Iris_WA on 9/19/05 1:46pm
 Re: What 1-2-3 steps - IRIS... -  BrendaTX on 9/19/05 1:54pm
 BRENDA - Iris_WA on 9/19/05 2:09pm
 P.S. Re: BRENDA - Iris_WA on 9/19/05 2:25pm
 Re: Iris... -  Charm_AL on 9/19/05 2:39pm
 Re: Iris... Charm - Iris_WA on 9/19/05 3:25pm
 Re: BRENDA - BrendaTX on 9/19/05 3:33pm
 Re: Seinfeld Trivia and Iris -  Melissa Mills on 9/19/05 3:06pm
 Re: Seinfeld Trivia and Iris -- Melissa - Iris_WA on 9/19/05 5:55pm
 Re: What 1-2-3 - Iris... - BrendaTX on 9/19/05 3:29pm
 Re: What 1-2-3 - Iris... - Iris_WA on 9/19/05 3:45pm
 OT Brenda - Iris_WA on 9/19/05 4:05pm
 Re: OT Brenda - BrendaTX on 9/19/05 4:32pm
 GREAT information & post--Thanks, Renee :) - N/M - Iris_WA on 9/19/05 12:34pm
 Re: GREAT information & post--Thanks, Renee :) - N/M -  Renee Kovacs on 9/20/05 4:40am



 
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