Closeline Settlements

UPDATE: Still not savy on using this platform forum yet, but I hope this update gets seen/ if I’m doing it right. I contacted Closeline Settlements and told them I can’t sign their Terms & Conditions because I’m not good with payment terms of the 15th of the month after the signing (plus mail time and processing because they cut hard checks). Agent got back to me saying she doesn’t know what I see on my end, but she said I would get paid when the load is funded and specifically told me closing is on 3/3/25 and it will be funded on 3/7/25 and this is the same date my check would be cut. Sounds great if its real. Kind of odd that the agent wouldn’t know the terms and conditions notaries are expected to sign to accept the SO???

Just got an SO from a company I’ve never heard of…Closeline Settlements. In a forum search I see it is listed on 1 person’s list of Bad companies to work with, but no other mentions that I can find. May I ask:
(1) who has experience with this company?
(2) Their payment terms are after the 15th of the previous month. So, an assignment I perform on 3/3/25 would have a check cut to me the 15th of April per their terms (nearly 45 days out). Are notaries accepting payment terms like these?

Grateful for any feedback,
Sharon

No experience with that particular company. But in general, 30 days is common for LOAN SIGNINGS. 45 days is not ideal, but not unheard of. But for anything else other than loan signings, I demand payment upon completion for general notary work.

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Thank you, Carmen. :slightly_smiling_face:

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I work with a few from signing order who pay the 15th of the month following the job. I don’t have a problem with it. It’s nice getting a big deposit mid month.

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