What Supplies Do You Need as a Notary Public Loan Signing Agent?

I'm frequently asked what are the exact supplies you need to be a notary public loan signing agent and where can I get them? So in this video I'm going to share with you the exact supplies you need to start your notary public loan signing agent business and I am so excited to share this list with you. There is not a more lucrative business that has lower start up supply costs and as a bonus, I'm going to share with you the best way to save tons of money on your notary office supplies because we're always trying to help you build the very best signing agent business possible. That's why the loan signing system has partnered with Staples and their Staples Advantage corporate discount program to get you the lowest prices on your notary office supplies. My best piece of advice on getting your supplies is understanding that fancy supplies aren't going to win you more business, but controlling your expenses will always make you a more profitable notary public loan signing agent. If you choose to get your supplies outside of the Staples Advantage program, make sure you are not overpaying and speaking controlling costs. Here is the minimum you need to get your signing agent business off the ground. And remember, all supply costs, including the cost of the loan signing system necessary to run your business are tax deductible. So let's get started. First off, startup supplies for a notary public loan signing agent should be divided into supplies needed to be a notary public and supplies needed to be a loan signing agent. So the supplies needed to be a notary are so minimal and if you already have your notary supplies then these do not apply to you. So what do you need? A notary stamp which is about 15 bucks. You need a bond if required by your state which runs 40 to $50. You need a notary journal again if required by your state, 16 bucks and then you need a thumbprint pad again if required by your state, about $8 and as you can see less than a hundred bucks on average for your notary supplies. Except for the bond, these are all staples Advantage pricing and here are the recommended supplies needed to be a notary public loan signing agent you need something to carry your bag in like a messenger bag 21 DOL letter paper $12 but that goes down drastically as you buy more. A ream of legal paper $9 again goes drastically down as you buy more. Blue pens for a dozen $2.50. E&O insurance is about $20 per month. Many companies offer a payment plan. Then you'll need a dual laserjet printer which fluctuate depending on what brand you buy, then you need a multi page scanner. Again fluctuates depending on the brand. Now the biggest startup cost will be a dual tray printer and a scanner and these costs will fluctuate again depending on the brand and how fancy you want to get. But in fact some of my students of mine buy their printer and scanners on the secondary market like Craigslist, Facebook, Marketplace, Offerup or ebay and find absolute steals on these electronics, drastically lowering their startup costs. Secondly, remember, if you're getting signings directly through mortgage professionals, they will print the docs for you and no scan backs are needed, meaning no need for a printer or a scanner. However, most new signing agents will work with signing services to start, so I do highly recommend getting a printer and a scanner. While brand does not matter, obtaining a laserjet printer is an absolute must. Remember, inkjet printers do not work for signing agents. Your printer does not have to be dual tray, it can be single tray. But since most loan docs come over as legal and letter size paper, it is my strong recommendation to get a dual tray printer as it will automatically print the size that is needed. But if you choose to go with a single tray printer, you'll need to readjust the paper tray size to print the two different sizes. Now I also recommend a multi page scanner. Again getting a single page scanner may be less expensive, but it will take you so much longer to scan back a set of loan documents. And there you have it. A bag to carry your loan docs, a couple reams of paper, pens, E and O insurance printer and a scanner and you are literally set for your first signing. Now the only thing that I don't buy on Staples Advantage program is my errors and emissions insurance. I recommend 100k of coverage as that is what title companies require. I get my E and O insurance through Notary Rotary in addition to the supplies above. It is always helpful in my opinion to have the NNA Success Handbook and Loan Document Sourcebook and as an LSS student you get 10% off each the notary signing agent loan document sourcebook 10% off coupon code is LDS10. The Q&A success handbook for NSAs is 10% off of the coupon code NSAQA10. So there you have it, the complete list of supplies you need to get started as a notary loan signing agent as well as how to save a ton of money as you start your business. Now I do not receive any compensation or referral fee for recommending NNA products. I recommend them because they offer valuable notary public training. Affiliate links are included in their information provided so you can access the lowest prices possible to build your business. I never recommend a product that I don't use myself, and I use proceeds from product recommendations to offset the cost of the course to keep it affordable to you. This is why I negotiated rock bottom prices with Staples for all of your signing agent needs. Simply click below to join the Staples Advantage program for free whether you're an LS student or not. Go to www.loansigningsystem.com staples. You can now save time and money while growing your business and once you sign up through this link, it will take two to three days before you get to log into your Staples Advantage program and after that you'll be ready to rock and roll with those amazing Staples discounts. I'm Mark, I teach the Loan Signing system and I'm looking forward to helping you become a top loan signing agen.