How to Become a Six Figure Notary Public Loan Signing Agent (2024)

By Mark Wills - Course Instructor of the Loan Signing System,Forbes Real Estate Council Member, and Best-Selling Author

​I'm constantly asked, “Mark, can you really make $100,000 a year as a notary loan signing agent? And if so, how is it possible?”

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​First and foremost — yes, yes, and yes!! 100% it's possible to make $100,000 a year as notary public loan signing agent!

So let's break it down.

First, let’s talk about how you get there mathematically. If we use the industry average of $150 per signing... $100,000 divided by $150 signing fee equals 667 loan signings that you would need to accomplish in one calendar year. More specifically, you'd need to do about 13 loan signings a week.

Yes, you read that right.

To make six figures as a notary public loan signing agent, you only need to do 13 loan signings a week...

Six Figures is Just a Couple Signing Jobs a Day

Since many loan signing appointments occur over the weekend (because that's when borrows are typically available), your schedule would look like 2 signings, 6 days a week, and on 1 of those days you do 3.

Yes. Essentially 2 loan signings a day, 6 days a week. That's it.

In this way, being a six figure notary public loan signing agent truly isn't hard!

Here are some more factors that will paint an even clearer picture...

For this example, let's say you have a drive time of 1 hour to get to the loan signing appointment, 1 hour back from the appointment, and 1 hour at the appointment itself. That's 3 hours per loan signing from front to end — and in this case, a total of 6 hours of work time per day, 6 days a week, in order to be a six figure notary public loan signing agent.

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Learn to Get "Direct" Business

So 'what's the catch?' you may be wondering? While it's not exactly a catch, understand that in order for these numbers to work for you, youwill need to be getting your loan signing business directly from escrow officers, mortgage officers, title officers, and real estate agents.

Technically you don'thaveto, but a notary loan signing agent who relies on signing services for their business will experience a much tougher road to reach six figures in annual income.

This is because when you get business from a signing service, you don't get to take home the full $150 loan signing appointment fee. Additionally, you willalwaysneed to print the loan documents yourself — ultimately lowering whatever fee you make per appointment by the cost you pay in printing (meaning, ink and paper).

However!

Working directly with mortgage professionals will allow you to not only keep the whole signing fee (which is, on average, $150), they will print the loan documentsfor youso there are no outside printing costs eating into your signing fee!

These are super nice perks when you sit down to balance the books at the end of the month.

So if you're willing to put in the work to go out and meet escrow officers, mortgage officers, and real estate agents, you can certainly become a six figure notary loan signing agent.

How Many Mortgage Professional Clients Do You Really Need To Make Money as a Notary Public Loan Signing Agent?

That's a great question.

But before I answer it, be sure you've watched or read my blog post on why escrow officers are the best source of business for notary loan signing agents. If you haven't, go do that now!

So, exactly how many mortgage professional clients do you need in order to obtain 2 loan signing appointments per day on a daily basis?

Now that you know you need to focus your time on escrow officers, you will need to have about 3 of them as consistent clients who rely on you to be their go-to notary loan signing agent. If you lock down 3 escrow officer clients who close 40 files a month, that means there are approximately 120 signings per month they will provide collectively.

Not all of those files will be local loan signings but it is safe to assume that at least half will be. That leaves 60 loan signing business appointments a month — or about 15 a week — that you can feasibly do. Some will be at the same time... so you most likely won't be able to catch every single one, but you should be able to snag 12-13 of them a week.

Andthat is precisely the amount you need to be a six figure notary public loan signing agent.

Notary loan signing agents often fall into the trap of thinking they need 5 escrow offices, 4 mortgage brokers, and 3 real estate agents to achieve this goal and that simply isn't true. The reality is much simpler.

Naturally, the next question becomes, "How hard is it to get 3 escrow officers as clients?"

Before I answer that question though, it is critical that you know...

Every Escrow Officer Needs a Reliable and Accurate Go-To Notary Public Loan Signing Agent

Understand that almost every escrow office employs 3 or 4 escrow officers. If you Google escrow offices in your town, I can all but guarantee you'll find more than you guessed were there. Then multiply the number of escrow offices by 3 or 4 and that will give you an idea of how many escrow officers live near you right now.

1 escrow office is more than enough to get you 13 loan signings business a week. Or, you can hit that same numberwith1 escrow officer from 3 local escrow offices. See how many options you have? The picture I am hoping to paint is that you don't need 10 different escrow officers or offices in order to makesix figures as a notary loan signing agent.

So let's recap.

To be a six figure-earning money as a notary loan signing agent, you need to do 667 signings a year — or 13 signings a week — and you only need 3 escrow officers feeding you their loan signing appointments to be well on your way to making six figures a year, working less than 40 hours a week.

There aren't many professions in the United States today that can earn you the same amount of money while working fewer hours.

This is but one of the many reasons why I believe becoming a notary public loan signing agent is the best-kept secret in the real estate industry.

If you'd love to learn the easiest way to make money as a notary and get to six figures without banging your head against the wall trying marketing techniques that simply don't work, take my five star-rated Loan Signing System online training course for notary loan signing agents.

My name is Mark, I've already taught thousands of students across the nation how to do the same, and I'm looking forward to teaching you how to be a six figure notary loan signing agent!

Click on the link below to learn more.

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How to Become a Six Figure Notary Public Loan Signing Agent (2024)

FAQs

How to Become a Six Figure Notary Public Loan Signing Agent? ›

Yes, to make six figures as a signing agent you need to do only 13 signings a week. Since a lot of signings occur over the weekend (because that is when borrowers are usually available) you essentially need to do two signings a day six days a week with one of those days you do three.

What is the most a notary can make? ›

Notary Salary in California
Annual SalaryWeekly Pay
Top Earners$75,004$1,442
75th Percentile$71,600$1,376
Average$57,954$1,114
25th Percentile$61,200$1,176

How much do mobile notaries make in California? ›

How much does a Mobile Notary make in California? As of May 10, 2024, the average annual pay for a Mobile Notary in California is $61,292 a year. Just in case you need a simple salary calculator, that works out to be approximately $29.47 an hour. This is the equivalent of $1,178/week or $5,107/month.

How to become a notary loan signing agent in New York? ›

How to Become a Notary Signing Agent in New York
  1. Step 1: Become a Notary Public. ...
  2. Step 2: Take a Loan Signing Training Course. ...
  3. Step 3: Become SPW Compliant. ...
  4. Step 4: Purchase Signing Agent Supplies. ...
  5. Step 5: Obtain Errors and Omissions Insurance.
Apr 10, 2024

How to make money as a notary in NY? ›

13 ways to make money as a notary public
  1. Mobile notary services.
  2. Specialize in real estate closings.
  3. Work with law firms.
  4. Partner with banks and financial institutions.
  5. Specialize in medical documents.
  6. Marriage ceremonies.
  7. Notarization for academic documents.
  8. Passport and visa documentation.

What is the most a loan signing agent can make? ›

Loan Signing Agent Salary in California
Annual SalaryHourly Wage
Top Earners$60,694$29
75th Percentile$50,300$24
Average$42,823$21
25th Percentile$33,600$16

Where are notaries needed the most? ›

Businesses That Need Notaries
  • Real Estate Agencies. There are a great many legal documents involved in real estate transactions. ...
  • Law Firms. ...
  • Banks, Mortgage Lenders, and Other Financial Institutions. ...
  • Healthcare Providers. ...
  • Government Agencies. ...
  • Employment Agencies. ...
  • Small Businesses.
Feb 23, 2023

How much do loan signing notaries make in California? ›

Notary Signing Agent Salary in California
Annual SalaryMonthly Pay
Top Earners$78,952$6,579
75th Percentile$69,100$5,758
Average$54,283$4,523
25th Percentile$41,400$3,450

Do you need a business license to be a mobile notary in California? ›

California doesn't have a state-wide "business" license for that type of work. However, you do need a Notary commission. You may need a business license or tax certificate if the county or city where you provide service requires it. Some cities requires other licenses and permits, too.

How to become a loan signing agent in Georgia? ›

How to Become a Notary Signing Agent in Georgia
  1. Step 1: Become a Notary Public. ...
  2. Step 2: Take a Loan Signing Training Course. ...
  3. Step 3: Become SPW Compliant. ...
  4. Step 4: Purchase Signing Agent Supplies. ...
  5. Step 5: Obtain Errors and Omissions Insurance.
Apr 10, 2024

How many questions are in the NSA exam? ›

The NSA Data Science Examination consists of three sections: Computer Science, Mathematical Foundations, and Statistics. The test includes forty-four multiple choice questions in total, which the candidate must complete within two hours.

How much do loan signing agents make in Texas? ›

How much do loan signing agents make in Texas? In Texas, loan signing agents can earn between $75 to $200 per appointment, depending on the document complexity.

How much do loan signing agents make in NY? ›

As of May 8, 2024, the average hourly pay for a Loan Signing Agent in New York City is $24.73 an hour.

How to bring in income as a stay at home mom? ›

Here are some of the best flexible jobs for stay-at-home parents:
  1. Freelance writing. ...
  2. Selling your expertise. ...
  3. Data entry. ...
  4. Customer service rep. ...
  5. Tutoring. ...
  6. Test products or take surveys. ...
  7. Selling used goods. ...
  8. Selling homemade items.
Jan 5, 2024

How much do remote notaries make in Florida? ›

Online Notary Salary in Florida. $46,300 is the 25th percentile. Salaries below this are outliers. $54,200 is the 75th percentile.

How much does a traveling notary make in NY? ›

As of Apr 30, 2024, the average annual pay for a Mobile Notary in New York is $65,979 a year. Just in case you need a simple salary calculator, that works out to be approximately $31.72 an hour. This is the equivalent of $1,268/week or $5,498/month.

Is it worth becoming a notary in California? ›

California is the highest paying state in the U.S. when it comes to being a notary public. The average salary of a notary public in California is $59,055. Considering the average of the country is roughly $45,000, this is another great reason to become a notary in California.

How much does it cost to become a notary in CA? ›

How much does it cost to become a new notary in California?
$49.95Required Training
$40State Exam ($20 if failed previous exam)
$72-$80Live Scan
$10-$152x2 "Passport" Photo
$45-$119Notary Supplies (Journal, stamp, fingerprint kit)
3 more rows

How much can a notary signing agent charge in California? ›

In most cases, a California notary public may charge a maximum notary fee of $15 for each signature.

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