Notary Signing Agent Study Guide
(2022/2023) Already Passed
A Notary Signing Agent is required to have a background screen when? ✔✔Every year to
maintain industry standards
When should the notary signing agent ask if
...
Notary Signing Agent Study Guide
(2022/2023) Already Passed
A Notary Signing Agent is required to have a background screen when? ✔✔Every year to
maintain industry standards
When should the notary signing agent ask if the date and time of the signing appointment has
been set and also if there are any additional stipulations needed to complete this closing? ✔✔On
the initial phone call with the contracting company
A notary signing agent just received documents for a closing scheduled in 1 hour but will not
have time to return home to print. How should the signing agent respond? ✔✔Call the borrower
and alert them of the delay and return home to securely print the documents
The contracting company sent instructions to the notary signing agent regarding the dress code
requirement. The signing agent should: ✔✔Dress according to the instructions sent by
contracting company
When confirming the appointment with the borrower for their closing appointment, the notary
signing agent should: ✔✔Confirm that the borrower will have acceptable identification
Who determines the appropriate attire the notary signing agent should wear to a closing? ✔✔The
contracting company
While on the way to a signing appointment, the notary signing agent realizes the location is
outside of his normal territory and should have asked for a higher signing fee to accommodate
the distance. What should the notary signing agent do? ✔✔Complete the closing and ask for a
hinge fee next time
When the Notary Signing agent arrives at the signing appointment, they must present a _______
to the borrowers. ✔✔Government Issued ID
A Notary Signing Agent should always record every Notarial Act performed at a closing in a
journal. This is considered: ✔✔Required by the NNA code of conduct
If your signing instructions require the loan documents to be signed in blue ink, it is permitted to
sign in black ink when: ✔✔Never. You must follow the signing instructions
If a Notary Signing Agent normally collects fingerprints for all signers in order to complete an
authorization in a state where fingerprinting is not required, what should the signing agent do if
at a closing the borrower refuses to provide their fingerprints to the Notary Signing Agent?
✔✔Complete the notarization anyway
An experienced Notary Signing Agent may do all of the following except? ✔✔Explain to the
signer why the loan they have is a great fit and why they have great term
The best way to answer any questions that the borrower may have is to: ✔✔Call the loan officer
when the borrower has any questions as they come up
Which document represents the borrower's promise to repay the loan? ✔✔The Note
Which of the following documents breaks down the monthly payment amount including
principal/interest, taxes and insurance and also shows when the first payment will be due?
✔✔First payment letter
If the deed of trusts says, "see exhibit A" in the section of the document that says legal
description: ✔✔Exhibit A must be present
During a loan signing appointment, the borrower asks if his closing costs are too high. How
should you respond to the borrower? ✔✔Explain to the borrower that you are not allowed to
discuss his loan rates but you can give his loan officer a call at the table if he needs further
explanation on his closing costs
A borrower complains at closing that he has not had time to review the loan documents
thoroughly and feels rushed into closing. What do you do as the Notary Signing Agent?
✔✔Recommend the borrower stop and speak with their loan officer and discuss loan documents
if he is uncomfortable closing at this time
A borrower asks if they have escrow set up for property taxes and homeowners insurance. How
do you respond as a notary signing agent? ✔✔Direct borrower to review the first page of the
closing disclosure for that information
Which document must the borrower receive at least 3 days before the closing day? ✔✔Closing
disclosure
Which type of loan will use a HUD-1 instead of closing disclosure ✔✔Reverse Mortgage
A borrower asks you to explain several loan terms found in their loan package. How should you
proceed? ✔✔Provide a general description of the loan terms and where that information can be
found in the loan documents (never explain loan term)
Heloc stands for: ✔✔Home equity line of credit
A borrower asks for explanation of the Notary Signing fee found on the closing disclosure. How
should you respond? ✔✔Offer to call the loan officer to explain the fee
The SPW's code of conduct, prohibits which of the following actions: ✔✔Collecting your
signing fee from the borrower in the event that the contracting company has not paid you for you
notary signing agent services
Which document is known as the final printed form of the loan application? ✔✔Uniform
residential loan application
Which document authorizes the lender to obtain copies of the borrower's tax returns? ✔✔Form
4506-T
After signing a few pages in the loan package, the borrower expresses reluctance to continue
signing her loan documents. As the Notary signing Agent what should you do? ✔✔Recommend
the borrower speak with their loan officer immediately to have any questions or concerns
answered
The right to cancel form allows the borrower to cancel their loan within 3 ____ days.
✔✔Business (Saturday included)
Notarial Certificates on loan documents ✔✔Must be completed in the presence of the borrower
The notarial evidence form is completed by: ✔✔The Notary Signing agent and returned to the
contracting company
When the borrower has finished signing all of the necessary documents in the closing package,
the signing agent should review the package for any missed signatures: ✔✔After every closing
before leaving the borrower's home
A borrower asks the notary signing agent to email a copy of the loan documents to them. How
should the notary signing agent proceed? ✔✔Do not send the requested documents but inform
the contracting company or loan officer of this request
Why should a Notary Signing Agent be knowledgeable about loan documents in a closing
package if they can only present documents but not explain them? ✔✔It demonstrates to
contracting companies that you are competent enough to oversee a loan signing appointment
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