The Duties of a NSA in the Loan Process

Notarization; a word associated with important documents and commonly heard of.

So, what exactly is notarization of document and why is it done?

Notarization of documents is a process carried out to avoid fraud and forgery of signatures for important documents and records including business deals, international trade, license, certification, and others.

Notarization of Loan Documents

One other important process which requires notarization of important documents is the loan process. Fraud, forgery, or mistakes in documents can cost heavily when lending. This is why mortgage companies and banks hire a qualified notary signing agent to ensure the validity of the loan documents and the people signing it.
The duties of a notary signing agent therefore are:

• To go through the loan documents thoroughly and ensure that they are complete and correct.
• To ensure that the documents are properly signed by the borrower wherever required.
• To ensure that the content in the documents is understood by the borrower. If the language of the document is not understood by the borrower, it is the agent’s duty to take care of the translation and ensure that the document is properly understood by the borrower.
• To authenticate the identity of the borrower.
• To answer any doubts related to the loan document.
• Affixing their signature and official seal on the document, thus, notarizing it.
• Ensure that the signed and verified documents reach the mortgage company or other organization.

As notary signing agents are an important part of the loan process, they are thoroughly trained in handling mortgage documents. The mortgage process is complex and includes a large number of pages. What’s more, as mistakes in these documents cost heavily, they should be free from errors.
However, a qualified, trained and experienced notary signing agent can carry out this important task correctly like the ones at Anshin Mobile Notary & LiveScan.

For further details, contact them at anshinotary.com