What is a Signing Agent?
Signing Agents are notaries public who specialize in the process of obtaining and notarizing the signatures on loan documents.
Lenders rely on the Signing Agent to complete the signing portion of the transaction in a professional and accurate manner at a time and place convenient for the client.
A Signing Agent may answer "what" (give a definition) but not "why" (regarding terms and conditions.) Signing Agents can "identify" (point out key features and secure proper signatures), but do NOT "explain." Borrowers are referred back to the document originator.
The Notary Signing Agent's duty is to make sure each signer is physically present, is identified appropriately, that all documents are signed and initialed, and that each signature that requires notarization is properly notarized. The Notary Signing Agent is also responsible for ensuring that the loan documents are returned to the lender.