Notary loan signings

Sometimes, issues can arise during a loan signing that may affect the outcome of the signing.  When signing a loan, be mindful of the following potential problems and try your best to avoid them:

• Do not use a name variation that is unacceptable to the signer
• Verify the rate or APR, as displaying the incorrect rate can affect the signing.
• Be sure to clarify the fee or payoff information with the borrower so as to avoid any misunderstanding.
• Make sure that if a spouse or relative needs to sign a document, they are present and available to do so.
• Verify that the signer’s identity matches the printed name on the documents.
• If two names appear in the Acknowledgement section, make sure that two signers are present.
• Ensure that spouses will be in the same county at the time of signing.
• Establish with your buyer beforehand whether a personal or certified check is required, and check that you fill in the payee field.

Keeping these items in mind should help you minimize any problematic witness-only closings.