These packages are normally between 20-50 pages in length and most do not require notarial acts. The reason why companies rely on Notary Public Signing Agents to assist them with these signings is because of the very delicate nature of the signing. Something signers always ask is, “Why can’t I just send the documents I need to provide by mail and sign/apply online?” The reason…
Well, there is one main reason for this. Verification of true identity is very important to the companies involved with lending. In today’s technology-driven world, the process of online completion gets easier and easier, buuuuuuuuut…. so does identity theft. How would you feel if your father or mother applied for a home loan in your name? How would you feel if your niece or nephew did?
My point EXACTLY!
There are many other reasons, such as all information required not being submitted, for applications to fall through the cracks.
Article by Sonita M. Leak, Owner of GreenvilleNotary.com.