NSA - Notary Signing Agent Managing the Signing Assignment Questions and Answers

Question 1

Upon accepting a signing assignment, which of the following is the most critical set of information for the Notary Signing Agent to confirm immediately with the contracting company?

Accepted Answer

Signing location, appointment time, contact information for the signer, and the agreed-upon fee.

Answer

The borrower's credit score and the property's appraisal value.

Answer

The complete underwriting guidelines from the lender.

Answer

The exact date and time the loan is expected to fund and disburse.

Question 2

An NSA arrives at a signing for a refinance. The borrower's spouse, who is not on the loan, is present and asks to review the Closing Disclosure to "make sure the numbers are right." What is the appropriate action for the NSA?

Accepted Answer

Ask the borrower for their explicit permission to allow their spouse to view the document.

Answer

Politely decline, stating that loan documents are confidential and can only be viewed by the borrower.

Answer

Allow the spouse to review the document, as they likely have a financial interest in the property.

Answer

Call the loan officer to get approval before sharing the document with the spouse.

Question 3

When preparing for a signing, the NSA receives a 150-page PDF loan package. The contracting company's instructions do not specify printing requirements. What is the industry best practice for printing these documents?

Accepted Answer

Print the package on a mix of letter and legal-sized paper as formatted in the PDF, defaulting to letter size if unsure.

Answer

Print the entire package double-sided on letter-sized paper to save resources.

Answer

Print only the pages that require a signature or notarization.

Answer

Convert the entire package to legal-sized paper to ensure no text is cut off.

Question 4

An NSA arrives at a signing appointment and is greeted by the borrower's son, who states he will be signing on his father's behalf using a Power of Attorney (POA). The NSA was not informed of this arrangement beforehand. What is the NSA's immediate course of action?

Accepted Answer

Halt the signing and immediately contact the contracting company for instructions.

Answer

Proceed with the signing if the son presents an original, notarized POA document.

Answer

Notarize the signatures but make a detailed note in the journal that a POA was used unexpectedly.

Answer

Ask the son to sign his father's name and then his own name with "POA" next to it.

Question 5

During a signing, the borrower notices their middle name is misspelled on the Promissory Note and refuses to sign until it is corrected. What is the NSA's proper line of communication to resolve this issue?

Accepted Answer

Contact the contracting company that hired them, explain the issue, and await instructions.

Answer

Cross out the incorrect spelling, write the correct spelling, and have the borrower initial the change.

Answer

Advise the borrower to call their loan officer directly to request a corrected document.

Answer

Contact the title company escrow officer listed on the settlement statement for guidance.

Question 6

Before leaving the signing table, which of the following represents the MOST comprehensive final review a Notary Signing Agent should perform on the document package?

Accepted Answer

A full, page-by-page scan to check for any missed signatures, initials, dates, and correctly completed notarial certificates.

Answer

Ensuring the Notice of Right to Cancel is filled out with the correct rescission dates.

Answer

Verifying that all notarized documents have a clear and legible notary seal impression.

Answer

Confirming that the borrower's signatures on the documents reasonably match the signature on their ID.