How Can You Benefit from a New York City Loan Signing Agent?

You should consider hiring a New York City loan signing agent if you are borrowing money or lending money. A loan signing agent can make the the loan process go as smooth as possible, as well as ensuring all documents are professionally and legally prepared.

What follows is a short guide on what a loan signing agent is and how you can benefit from one.

What is a New York City Loan Signing Agent?

A loan signing agent is basically a notary public, but one who is specially trained and has the experience in loan document signings.

A loan signing agent knows exactly where the borrower needs to affix his/her signature on a loan document. And unlike a regular notary public, loan signing agents do not charge by the signature or stamp.

What does a New York loan signing agent do?

Often, loan signing agents are hired by title and loan companies to take care of the paperwork and to make sure that everything is accomplished on time and in a legal manner.

The services of a loan signing agent also include overseeing the signing of the loan contract and notarizing it to make sure it is legal.

Though they are usually hired by lending companies, they are mostly independent and are impartial to either side of the loan agreement.

In general, it is their responsibility to make the lending process easier for both the lender and the lendee. They serve as the final connection between lending agencies and their customers.

Who needs a New York City loan signing agent?

Title companies, lending companies, real estate companies, and other businesses that offer loans in New York City, can benefit from the services of a loan signing agent.

Having a reliable loan signing agent on hand will provide plenty of benefits for your company and can help you grow your business.

Below are some of the services you can expect from a City loan signing agent:

• Deliver loan documents to borrowers
• Oversee the signing and notarize documents
• Return complete document to the lending office on time
• Verify identity of signing parties

Please take note that notarization does not make a loan agreement legal. However, it is a necessary step to take to ensure that the document is legally binding.

What to look for a New York City loan signing agent?

First of all, you need to make sure that the agent is certified as a Notary Signing Agent or NSA by a recognized organization. Their notary status should also be up-to-date.

In terms of characteristics, you should look for a loan signing agent who is fast, efficient, effective, and flexible. It would be great if you can also find someone who is prompt, courteous, and polite.

If you think you can benefit from the services of a New York City loan signing agent, then get in touch with Bronx Mobile Notary today. We provide fast, efficient, and flexible loan signing services all over New York City.