Loa Sig Test #6 Exam Question & Answers
(LATEST )
A notary Signing Agent is asked to describe several of the loan terms at
a signing appointment. The Notary Signing Agent may: - Correct
Answers ✅Provide only a general description of the loan terms
A Notary Signing Agent has been providing signing services with no
incidents for over 10 years without having undergone a background
screening. There fore he/she: - Correct Answers ✅Must undergo a
background screening in order to become a "Certified" Notary Signing
Agent
The Certified Signing Specialist will not make exaggerated or excessive
claims, promises or guarantees about the Specialist's services. - Correct
Answers ✅True
Some Lenders require NSAs to complete a "notarial evidence" form.
The form includes a section to record the Notary's name, commission
number and expiration date, the names of all signers at the loan signing
appointment and the method used to identify them, and the loan
number.
It also includes descriptions of each loan document notarized and the
date, time, and type of notarial act performed.
, Loa Sig Test #6 Exam Question & Answers
(LATEST )
The "notarial evidence" form is completed separate and part from the
NSA's journal entries for the loan documents and sent in with the
signed loan documents and other stipulations from the loan signing. -
Correct Answers ✅True
The best way to address a borrower's questions that the Notary Signing
Agent is not allowed to answer , is to: - Correct Answers
✅Recommend that the borrower contact the lender's representative
immediately before signing the documents.
While on the way to a signing, a Notary Signing Agent realizes that the
location is outside his normal territory and he should have negotiated a
higher travel fee. The most appropriate action the NSA should take is
to: - Correct Answers ✅Negotiate a higher travel fee for the next
assignment in that area.
A borrower questions the amount of the "Notary/Signing Fee"
appearing on the settlement statement. The Notary Signing Agent
should: - Correct Answers ✅Recommend that the borrower contact
the lender's representative before signing the documents.
Acme Direct Funding's loan package contains an additional
acknowledgement certificate with instructions for the Notary Signing
Agent to sign and affix a seal impression and return the certificate with
completed documents. Which of the following is he best course of
(LATEST )
A notary Signing Agent is asked to describe several of the loan terms at
a signing appointment. The Notary Signing Agent may: - Correct
Answers ✅Provide only a general description of the loan terms
A Notary Signing Agent has been providing signing services with no
incidents for over 10 years without having undergone a background
screening. There fore he/she: - Correct Answers ✅Must undergo a
background screening in order to become a "Certified" Notary Signing
Agent
The Certified Signing Specialist will not make exaggerated or excessive
claims, promises or guarantees about the Specialist's services. - Correct
Answers ✅True
Some Lenders require NSAs to complete a "notarial evidence" form.
The form includes a section to record the Notary's name, commission
number and expiration date, the names of all signers at the loan signing
appointment and the method used to identify them, and the loan
number.
It also includes descriptions of each loan document notarized and the
date, time, and type of notarial act performed.
, Loa Sig Test #6 Exam Question & Answers
(LATEST )
The "notarial evidence" form is completed separate and part from the
NSA's journal entries for the loan documents and sent in with the
signed loan documents and other stipulations from the loan signing. -
Correct Answers ✅True
The best way to address a borrower's questions that the Notary Signing
Agent is not allowed to answer , is to: - Correct Answers
✅Recommend that the borrower contact the lender's representative
immediately before signing the documents.
While on the way to a signing, a Notary Signing Agent realizes that the
location is outside his normal territory and he should have negotiated a
higher travel fee. The most appropriate action the NSA should take is
to: - Correct Answers ✅Negotiate a higher travel fee for the next
assignment in that area.
A borrower questions the amount of the "Notary/Signing Fee"
appearing on the settlement statement. The Notary Signing Agent
should: - Correct Answers ✅Recommend that the borrower contact
the lender's representative before signing the documents.
Acme Direct Funding's loan package contains an additional
acknowledgement certificate with instructions for the Notary Signing
Agent to sign and affix a seal impression and return the certificate with
completed documents. Which of the following is he best course of
