Who do you call to notarize your loan documents?

When you’re finalizing a loan, one step you cannot skip is getting your documents notarized. But who exactly should you call to handle this important task? Many people confuse the roles of a notary and a loan signing agent, or they don’t know where to find the right professional. This post will clarify what a notary does, explain the role of a loan signing agent, and help you understand who to contact when your loan documents need notarization.

A notary public’s desk with stamp and loan documents ready for signing

What does a notary do?

A notary is an official authorized by the state to witness signatures on important documents. Their job is to verify the identity of the signer, ensure the signer understands the document, and confirm that the signature is made willingly. This process helps prevent fraud and protects all parties involved.

For loan documents, notarization is crucial because it adds a layer of legal protection. The notary confirms that the person signing the loan papers is indeed who they claim to be. This verification is especially important for loans because these documents often involve large sums of money and legal obligations.

How is a loan signing agent different?

A loan signing agent is a notary with extra training specifically for handling loan documents. They understand the specific forms and procedures required in mortgage and refinancing transactions. While all loan signing agents are notaries, not all notaries are loan signing agents.

Loan signing agents often work with title companies, lenders, or signing services to ensure loan documents are signed correctly and returned promptly. They can explain the signing process but cannot give legal advice or alter the documents.

When to call a notary versus a loan signing agent

If you only need a simple notarization, such as signing a power of attorney or an affidavit, a regular notary public is sufficient. You can find notaries at banks, law offices, or even some shipping stores.

However, if you are closing on a mortgage or refinancing your home, a loan signing agent is the better choice. They are familiar with the specific loan documents and can guide you through the signing process smoothly. This reduces the chance of errors that could delay your loan.

How to find the right professional

• Ask your lender or title company: They often have preferred loan signing agents.

• Search online directories: Websites like the National Notary Association list certified loan signing agents.

• Check credentials: Make sure the notary or loan signing agent is licensed in your state.

• Consider mobile notaries: Many loan signing agents travel to your home or office for convenience.

  
  

What to expect during the notarization process

When the notary or loan signing agent arrives, they will:

• Verify your identity with a government-issued photo ID.

• Review the documents with you to ensure all signatures are in the right places.

• Watch you sign the documents.

• Apply their official seal and signature to notarize the papers.

  
  

This process usually takes 30 to 60 minutes, depending on the number of documents.