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Christian InTech Articles - Home Business
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Christian Home Business and Home Businesses
Christian home business opportunities interest many people who are searching for ways to earn legitimate money from home. Christian home businesses present a higher level of confidence simply because of their Christian affiliation. That being...
Focus On Your Target Market To Achieve Home Business Success
To achieve success in a home based business it is of critical importance to maintain a laser beam focus on your target market and to direct your marketing activities to that specific group. Website traffic is one thing, but targeted traffic is...
Investing the Profits from Your Home Based Business
Having made the bold and glorious decision to sack the boss and
go it alone you are one of the few who have what it takes to
succeed. You have an entrepreneurial spirit and a strong will
and these are rare and valuable attributes that will guide...
Jumbo Home Mortgage Loans - What They Are And Where To Get Jumbo Loan Financing
A jumbo mortgage is different than a conforming loan. A jumbo loan amount exceeds that limit set by FNMA. That limit can change every year, but is around $300,000. With a jumbo mortgage, the interest rate is a little higher than other similar...
Women Entrepreneurs Guide To Financing A Home Based Business
Women Entrepreneurs Guide To Financing A Home Based Business (C)2005 BB Lee It's a fact, over 66 percent of new business owners are women. And did you know that women entrepreneurs are 75 percent more successful than their male counterparts at...
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Doh! A Home Biz Even Homer Simpson Could Do
Everyone likes Homer Simpson, moron that he is, because let’s face it—there is a little Homer in all of us. Have you ever come across a business opportunity you would have liked to try but didn’t because you were afraid of your own ineptitude? Well, leave your fears aside fellow Homer Simpsonites because here is a business you can start with your eyes closed and your brains on hibernation mode--Loan Signing!
Loan signers, Notary signing agents, loan signing agents, mobile Notaries, all of these terms have been used interchangeably and they all describe the same thing--a traveling Notary Public (and no, Homer, that’s not an island country somewhere in the Bahamas). A loan signing agent goes to a borrower’s home to witness the signing of loan documents. Of course you need a few supplies (like your Notary ledger), but I’m not going to get into particulars in this article. What you really want to know is, how do you get started, what is the work like, and how much can you make right?
To get started you can join a Notary Association, most of them have a signing agent section. There you will find more of the basics to getting started with this business and get your name listed. They will all try to sell you some really expensive loan signing classes but that is completely up to you. The smart, un-Homer thing to do is a search for some Notary signing agent message boards where you can learn how to get started for free. The process is very simple and involves a small fee to get a license, ledger, and certificate with your county.
The work is even simpler. A client (usually a title company that found your name through a Notary association listing) calls
you and asks if you want to do a signing. They fax a contract that states how much you’ll get paid, or how much you won’t get paid if you don’t do your job right etc. After you accept, they send you the loan package by fax or email. You then call the borrower to schedule a time frame for the signing which usually takes an hour. You watch the borrowers sign their papers, you sign and stamp a couple yourself, the borrowers get a copy of the loan package, and you get one to overnight back to your client. Yes, I’ve simplified the process a bit, but not by much.
Borrowers will ask you what every piece of paper means and will try to get you to decipher the never-ending stream of legalize contained therein but guess what? You don’t have to explain anything to them; in fact, you’re not legally allowed to because you are not a lawyer (unless you’re also a lawyer—in that case, kudos for you). You simply explain that you are there only to witness the signing of the documents and you refer their questions back to their lender.
How much do you get paid? There are various factors that come into play, such as location, how long you’ve had to build up a clientele, the client’s policies, etc. but you can figure as a complete newbie, to make about $75 a signing. Not bad for an hour’s worth of work eh? Soon you might even be able to tell Mr. Burns to go shove it.
Copyright 2005 Jon Castle
About the Author
We are each a single drop of rain strafed by the wind to merge with other droplets and thereby form an ocean. For unconventional home business wisdom, home business opportunities, and more please visit Jon Castle’s website http://www.AmericanHouseDad.com
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