Notary signing agents earn $90-$200 per appointment through two routes: using a signing service that pays $90-$110 per job, or marketing directly to escrow officers and lenders to keep the full $150-$200 fee. Both appointments take about an hour.
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How do notary signing agents get loan signing jobs? The answer is two different ways. One is through something called a signing service. So what is a signing service? A signing service acts like a broker between the escrow company and the notary. The lender gives a loan docs to the escrow company. The escrow company therefore hands off the loan documents to a signing service. The signing service then finds notary public loan signing agents on the behalf of the escrow company. A signing service will simply paying a notary within the zip code that the borrower lives and give them a loan setting based on location. They get anywhere from $90 to $110 on average for that signing itself. So one way to get loan signings is through a signing service. There's also a way to get loan signings directly through real estate professionals so they're not using the middleman. So the signing agent keeps the entire 150 to $200 signing fee. So if you can go directly and market your business to escrow officers, lenders and realtors and you'd keep the fee because the signing service is not needed because you marketed your service directly to the real estate professional. So if you know a real estate agent, they can give you a job directly. If you know someone in the mortgage industry, they can give you a job directly. There are two ways to get business. Again, in conclusion, it's through signing services where you get paid anywhere between 90 to $110 for a signing that takes about an hour. Or you can get business directly through realtors, lenders and escrow companies where you keep the entire fee and you make anywhere from 150 to $200. Again, these appointments rarely take longer than an hour. For morning More information and tips on the loan signing agent industry, comment below or follow my page.
