Many ads have been placed that encourage you to become a loan signing agent or notary public. The ads claim that the field is lucrative and offers flexibility in your work schedule, time for your family, and a great career path.
These may sound appealing at first, but there are many things to consider before you make the leap. You can now look for the best mobile notary services in FL from professionals.
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Many businesses that sell, service, or build mortgages for the housing sector are in danger of being shut down. Think about any mortgage brokers you know. Are they doing well? Are they moving on to another profession? You will most likely say "Yes" if you know of any such people. What does this mean? These people face the same issues as a mobile notary signing agents.
The housing market is in a slump, which means that there are fewer people buying properties and almost no refinancers. Mobile notary signing agents are also suffering because there are no loans available. Mobile notaries are offering lower fees to help businesses in a time of high gas prices. You can spend more to get less.
Signing loans has become very rare. It takes time to download and print documents, to make an appointment with the borrower, to sign the documents, to prepare the documents and drop them off at a courier company. Then wait for payment, which can take up to a month.