Anyone have experience with Loan Signing System?

Beginner's Questions
21

I’m self-taught, you don’t need any of this training.
And I make more than all of his students.
If you pay to be on someone’s list and/or training, you’re now the customer with no guarantee that you’ll get any future work.
There’s no short path to success it takes time building your business.

1 Like
22

Hello. May I ask what they charge for that course?

23

@terry thank you for the information. I know the market is down due to the rise in interest rates. The signing agent certification is an expansion of my already existing notary license. I’ve been a notary over 20 years. That end has picked up significantly over the past 9 months, because notaries are getting harder to find in my general area, as the ones who have been notaries the same amount of time and longer than me are declining not to renew and sending their clients to me.

24

@Windchime71 the LSS training is by far the most expensive one I’ve found at over $800. I signed up for Notary2Pro for $300.

3 Likes
25

@WeOCnotary-Rcho_Mission_Viejo I know I honestly don’t need any more formal training to do the job. The problem I’m running into, is that some of the better title companies in my area are looking for those certifications, and or more loan signing experience.

26

@earl226 thank you for this information. I’ll look into it.

27

Hi Terry, may I ask what state you are in, please?

28

Are you still getting business in this slow market?

29

I’ve been a signing agent for 4 years. During the pandemic there was many job offers but now it has slow down tremendously I was able to make a good income but now I do not get as many offers as before because of the high interest rates. Honestly I have gone back to work at the school district. I learned what I know by asking questions in this platform and by doing the actual work you will learn as you go. Many people offer high cost classes with false promises don’t fall for it they are just trying to make money off of you. The market is slow right now it will pick up sgain when interest rates go down.

2 Likes
30

Thanks to all who contributed to some very helpful information.

1 Like
31

Here’s a fact: No company can guarantee how much money you’ll make. There are many factors to starting out and also becoming successful in this business. The biggest factors being today’s downturn of the housing market and high interest rates. There is less work and a saturation of signing agents and notaries. LSS has joined forces with the NNA for some odd reason. Just remember one other fact- The companies selling something are the one’s making the most profit. Many of them prey upon newbies. Be wise where you put your investment money.

4 Likes
32

Keep this in mind when engaging a Notary Educator. The NE provides you with the knowledge on how to conduct a closing. Since every Sate has laws regarding notary activity it’s imperative for you to know your State’s laws. In other words don’t stop with LSS, N2P, or another notary educators program as the stopping point in your training.

One thing all of them don’t teach is how to operate or market your business. That task is up to your self education. Learn your State’s laws regarding how a Notary can advertise. Learn about business entities, insurance, E&O, bookkeeping, and taxes.

If all you’ve learned is how to be an NSA, you’ll standing on the 50 yard line, not the goal line.

2 Likes
33

@Yadiraa111 thank you for the information. I have found it very helpful.

34

@rangeloro17 That is very good advice. My caution is why I started this thread.

35

@RiverpointeTax thank you for the useful information.

36

I agree that Notary2Pro is a high quality course. They also don’t try to keep selling you on more classes.

4 Likes
38

Not really. There is a benefit to notaries who align with the program, in that they can put it on their resume and establish themselves as a leader in the industry because they reached 6 figure incomes, but no, its not a pyrimid scheme.

If you love this work, have a drive to be the best and love getting attention for your success, it will be a rewarding alignment.

If you are like me, are doing it as an income, take pride in your work but do this as a tool to reach OTHER important goals in life, it may not be right for you. It really would be great to have a six figure income, for sure, but I want to wear myself out making a six figure income doing what I love, not just what I’m good at.

1 Like
39

I actually paid to get more exposure but because I lack the experience they want I have not had one offer. So pretty much a waste of money.

40

I wish I would have done a little more research before paying all the money I paid for training. I have not had any signings sense I got my certification a few months back. It seems that the market is so saturated that they are using the more experienced and not newbies. I’m getting a little discouraged here but not giving up yet! I’m happy for you though that you have had better luck going through Notary2pro. Unfortunately I’m not in a situation where I can put out anymore money on this.

1 Like
41

Hi Misspenailz2, I’m in Colorado.