A Borrower Questions the Amount of the Notary Signing Fee

I can understand where they are coming from because the HUD will list my fees as anywhere from 150-300 when reality Im only getting 75-100 of it. During a signing a borrower asks you why the appraisal fee is 595.

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Borrowers questions regarding notary fees I have had quite a number of borrowers asking me about my notary fees.

. But providing unauthorized advice or the wrong answers could cause serious problems for the borrower or lender and put the Signing Agent at risk of. A borrower questions the amount of the NotarySigning Fee appearing on the settlement statement. During a signing a borrower asks you why the appraisal fee is 595.

A Offer to call the closing agent to explain the fee. - 21041071 mptorres525 mptorres525 01282021. California Notary Public Exam Questions.

Q32 A borrower questions the amount of the NotarySigning Fee appearing on the settlement statement. Log in for more information. The Notary Signing Agent should.

B Explain to the borrower that the fee is split between the Notary and the contacting company. Select the best answer. I usually just say that Im not allowed to discuss my fees with the borrowers.

This answer has been confirmed as correct and helpful. Tell the borrower that fees may not be discussed with the borrower b. A borrower questions the amount of the NotarySigning Fee appearing on the settlement statement.

The Notary Signing Agent should. The notary signing agent has commenced a loan signing with a borrower and the borrowers mortgage broker. The Notary Signing Agent should.

Recommend that the borrower contact the lenders representative before signing the documents. Suggest that the borrower call hisher contact at the Lender or Title Company. Its understandable that borrowers often have questions and the Notary Signing Agent is often the first person they ask.

Difference goes to the scheduler I think as a bonus or commissionNow majority our my loan docs have 175-200 pages x2 almost one1 ream of copy paper. Loan document signings are crucial financial transactions for signers. A borrower questions the amount of the notary fee appearing on the settlement the notary agent should do what next.

Offer to call the closing agent to explain the fee. Some signing companies pay 65-100 but on the Hud-1 a Notary fee charged on the loan is 150. Recommend that the borrower contact the lenders representative before signing the documents.

A borrower questions the amount of the NotarySigning Fee appearing on the settlement statement. To properly identify your signer named in documents as James Carl Braden his acceptable form of identification shoul. The mortgage b The mortgage b Q.

The Notary Signing Agent should. Sets found in the same folder.

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