Remote Online Notarization is Easier Than You Think
BNN Services is leading the charge in Remote Online Notarization (RON), a process by which documents can be signed and notarized by a commissioned notary public/signing agent remotely in real-time via a video connection. RON is a big deal. Consumers can complete real estate closings online in as little as 30 minutes, saving thousands of dollars in travel if buying out of state and shaving days off the transaction previously slowed down by snail-mail shipping times. And it’s also more secure. Is RON Secure? Before we go into what RON is and if it’s available in your state, first we’d like to cover the elephant in the room: Are online notarizations safe? The short answer is yes, but as with everything new, online notarizations just make people nervous. A good analogy is Uber and Airbnb. Many people’s first reaction to both these disruptive platforms was, “Weird, I don’t want to
Notary or Signing Agent: Why it Matters for Your Real Estate Closing
A notary public is an individual appointed by a state government to serve as an impartial witness when important documents must be signed. They verify that people are who they say they are and ensure the integrity and authenticity of the signing. A notary signing agent, sometimes called a signing agent, is different. A signing agent’s job is to obtain necessary signatures and verify identity, but also to walk the signer through the loan signing process. A typical loan package contains between 100 and 150 pages. Without the trained eye of a signing agent, errors at closing would be commonplace and real estate transactions would fall apart with regularity. Signing agents specialize in real estate loan document and transfer signings. It’s their area of expertise. We Choose the Best Agent for Your Transaction, Not Who’s Available When you close with BNNServices, your transaction is always placed with the best signing
Common Signing Agent Errors, and How We Avoid Them
These days, finding a signing agent to close your client’s loan is easier than ever before. New technology has placed a premium on speed and convenience. You can get a signing agent in just minutes. But is your transaction in good hands? In this blog, we would like to highlight some common signing agent errors and show how Bilingual Notary Network avoids them. Not Reading Instructions Loan signing orders come in all shapes and sizes. It’s rare that no instructions are included, but sometimes there are more than one set of instructions, which can be confusing. Our signing agents are trained to carefully review instructions several times to make sure they understand what’s required, and then promptly ask for clarification if necessary. The process at BNNServices is to assess the order, the client, and the product being transacted in order to find the right agent for the job to ensure
It’s More Than a Transaction with Bilingual Notary Network
Since 2008, Bilingual Notary Network has been trusted by title agencies, mortgage lenders, servicers and consumers to perform loan and document signings in multiple languages across the country. Now that we’re launching a blog and putting out a monthly newsletter, we thought we would introduce ourselves and let you get to know the people behind BNNServices a little better. Meet Madeline and David Ricci Between them, they have over 50 years of mortgage banking experience at top ten organizations, Madeline as a sales leader in originations, servicing and REO and David in leadership roles ranging from originations, operations and servicing to specialty areas in construction, renovation, and reverse mortgage lending. You name it, they’ve done it. Both experienced firsthand the process breakdowns at the point of closing that routinely threatened transactions and left consumers with negative experiences. Sometimes it was a lack of education on the consumer side before the