Notary Public vs. Notary Signing Agent: Why It Matters?
Introduction:
Do you know the difference between a Notary Public and a Notary Signing Agent? Both perform vital roles in notarizing documents, yet their responsibilities and fields of expertise are very different. Knowing how they differ is important to ensure your documents go where they need to go in the right manner. Choosing the proper professional, whether it’s for general notarizations or more complicated loan signings, can help save time and avoid complications. In this blog, we’ll discuss their main differences, function and the value they bring.
What is a Notary Public?
A Notary Public is a state-licensed professional who assists in preventing fraud and verifying the legitimacy of signings. Their role is basically to be a neutral party to the signing and help confirm the identities of those signing.
Key Responsibilities of a Notary Public:
- Identifying signers by checking required government-issued identification.
- Witnessing and attesting signature on documents.
- Administering oaths and affirmations.
- Attaching their official stamp or seal to documents.
A Notary Public is also flexible; they can notarize many types of documents, including powers of attorney, affidavits, and business contracts. As a benefit they uphold the law in addition to being a safeguard against fraud.
What is a Notary Signing Agent?
A Notary Signing Agent (NSA) is a Notary Public who has been certified to handle documents relating to real estate and loans. They are trained in how to walk borrowers through the signing process and to make sure all documents are executed properly.
Key Responsibilities of a Notary Signing Agent:
- Notary loan documents (mortgage agreement, refinance paperwork, etc.).
- Discussing loan documents without providing legal advice.
- Verifying accuracy of all signatures, dates and notarizations.
- Submitting completed loan packages to the lender or title company.
In fact, in the real estate and financial industries, NSAs are essential in providing specialized services for streamlined contracts.
Key Differences Between a Notary Public and a Notary Signing Agent
a. Scope of Services:
- A Notary Public performs general notarization duties, including wills and affidavits.
- A Notary Signing Agent specializes in signature signings for loans and real estate documents.
b. Training and Certification:
- Notary Publics receive no training other than certification by the state.
- The NSA are trained and certified to handle loan documents.
c. Industries Served:
- Notary Publics render services for diverse industries from legal to healthcare to personal.
- Notary Signing Agents primarily work for the real estate and financial sectors.
d. Clientele:
- Notary Publics work with individuals and businesses and organizations.
- NSAs work with lenders, title companies, and escrow services.
Why Do You Need a Notary Public?
Notary Public is important for general legal document authentications. Their services guarantee the signature of documents such as wills, powers of attorney, and affidavits to be properly done and legal. If you’re dealing with personal or business documents, a Notary is the way to go.
Why Do You Need a Notary Signing Agent?
A Notary Signing Agent is essential for real estate or loan-related transactions. They are also less likely to make mistakes and have an understanding of the needs of lenders. An NSA ensures that your documents are properly executed and submitted whether you are closing on a home or refinancing a mortgage.
Benefits of Choosing the Right Professional
Choosing a Notary Public:
- Screened to make sure your legal documents will be properly notarized.
- Prevents fraud and keeps you compliant with state laws.
- Logistic services of all types and needs.
Choosing a Notary Signing Agent:
- Minimizes errors in loan documents, helping to prevent expensive delays.
- Guides you through complex loan signing processes.
- Provides specialized solutions specifically designed for real estate transactions.
It is important to know the difference between the two so that you hire the right professional based on your needs.
Why Choose Eleven Dollar Notary?
We offer Notary Public services and Notary Signing Agent services. Our experts are well-trained and work with commitment to provide seamless transactions for every consumer.
From general document notarization to loan signing services, we can do it all. Our mobile notary service brings convenience and professionalism straight to your door.
Learn more and make a difference with Eleven Dollar Notary! To learn more and for services, visit us at www.elevendollarnotary.com today.