A Notary Signing Agent is a Notary Public who has special expertise to conduct loan signings. The Notary Signing Agent is hired as an independent contractor by a title company, mortgage lender, escrow company, a bank, or a signing service to ensure that the loan signing process is properly completed.
The Notary Signing Agent receives the documents from their client, takes them to the borrowers, assists the borrower with signing, notarizes certain documents, and quickly returns the loan package for processing.
In the past, whenever a lender did not have an office near the location where the loan signing was to take place, they would contract with title companies or attorneys, which was expensive and often inconvenient for the borrowers. Now, they often hire Notary Signing Agents. People buying, selling or refinancing a home can now enjoy the benefits of Notary Signing Agents coming to them, at their convenience, which saves them time and money on their loan process.