Loan signing agents, specialized notaries who handle mortgage documents, earn around $150 per signing. One signing daily, five days a week, adds up to roughly $39,000 annually. Most appointments happen evenings and weekends since borrowers work standard hours.
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How much do part time loan signing agents make? Let's break it down. On average, a notary public loan signing agent, which by the way is a notary public who understands loan documents that are hired by title Companies, get paid $150 for a loan signing appointment. That takes about an hour. So if a notary public loan signing agents doing one loan closing a day, five days a week, that's $750 a week in part time revenue times 52 weeks a year. That is a $39,000 a year part time business. There are not many businesses better than this on top of the amazing part time revenue opportunity. Understand that most loan signing appointments are evenings and weekends. That's why most notary public loan signing agents are part time. Why is it evenings and weekends? Because lenders don't lend money to people who don't have jobs. When do most people work? 8 to 5. So they want a mobile notary sent to their home place of business after working hours. And that's exactly how you can make up to $39,000 a year part time by simply doing one signing a day.