Exam Coverage
The exam coverage includes the legal duties and procedural
knowledge required for the Notary Signing Agent Certification Exam.
It focuses on notarial acts, identification requirements, journal and
recordkeeping practices, loan signing procedures, and the proper
handling of mortgage and real estate documents. The exam also
evaluates understanding of notary laws, fraud prevention, professional
ethics, privacy protection, and the responsibilities of a signing agent
during loan closings. Emphasis is placed on accuracy, compliance with
state-specific notary regulations, and the professional execution of
loan document signings.
,Who are the stakeholders in the loan process?
The stakeholders in the loan process are: the borrower, the lender, the
contracting company, and the NSA(Notary Signing Agent)
Who hires an NSA?
An NSA is hired by a contracting company to provide signing services
and oversee the actual loan signing with the borrower.
,What is a contracting company?
A closing company could be:
-closing agent
-bank
-escrow company
-attorney
-signing service
-borrower's
, What types of transactions does a Signing Agent handle?
-Refinance
-Purchase and sale
-HELOC
-Construction
-Commercial
-Reverse Mortgage