Question for Experienced Loan Signing Agents: Busy Days of the Week?
Hi everyone, my name’s Nicholas Grenier and I’m an LSA in the Chattanooga, TN area. I worked in personal injury law firms/title companies for about four years as a clerk, paralegal, title processor, transaction coordinator and LSA. I’ve been freelancing with loan signings for about six months now and have only thus far been working through signing services. I’ll soon begin a direct marketing strategy to local and regional titles companies in my area going forward.
In my time at the title company, I noticed there was never exactly a particular day over any other that tended to be busier for signing opportunities than others. But in my experience with these signing services, the majority of these agencies only seem to have offers for signings Wed-Fri (with maybe 2-3 I’m offered on a Monday or Tuesday). I work two jobs and my only two days off from my primary job are Monday/Tuesday which I specifically set aside for this reason to take as many signings as I could on those off days.
I have about 15 signings under my belt as of now and am eager to continue improving my experience level to gain better paying signings going forward.
I’m curious to hear from more experienced loan signing agents—have you noticed whether certain days of the week have more signing opportunities than others?
For example, are Tuesdays through Thursdays typically busier than Mondays or Fridays? Do weekends generate enough signings to be worth staying available, or is most of the volume during the workweek?
I’d really appreciate any insights based on your experience. Thanks in advance!
Not that I’ve noticed. I’ve not run the numbers, so this is a guess. Any day can be busy, except Sunday. Sat. is next slowest. Times can be anywhere from 6 AM to 10 PM, Daylight hours seem to dominate in summer. The day in winter when we ‘lose an hour’, everyone wants 7 or 8 PM & are rural…at least it seems that way.
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No, but at the end of every month there is a day where it is the last day for same day funding. You will receive an influx of signing notifications because Lenders want to close the loan and earn a bonus. During this time, signing fees are set a lot higher than normal.
Can’t say I’ve seen higher offers for ‘last day to sign’, but agree that more counters are accepted when they haven’t time to keep fishing for cheap.
Depends on the day of the month also. Same day requests are more prevalent to me at the end of the month. I’ve been booking February dates this week and still getting requests for the end of this week.
@nickgren1012 As someone who holds licenses in both the insurance and loan signing agent fields, I’ve observed a significant parallel between these roles, especially concerning the intricate nature of appointment scheduling. Drawing from my personal experience, I haven’t been able to identified a consistently “busier” day of the week for loan signings. Considering our function as a “concierge service provider,” our core objective revolves around satisfying the borrowers’ needs. This necessitates accommodating their schedules, ensuring we are prepared to notarize loan documents at their preferred times. Consequently, appointments can be scheduled for any day or time of the week, and there isn’t a discernible, predictable pattern regarding the volume of signings. While I maintain an established, defined schedule to communicate my availability to various companies, I regularly receive appointment notifications that fall both within and outside of my scheduled working hours. What seems to be a common observation among us in this field is an increase in loan signing orders, particularly toward the end of each month, quarter, and most notably, during the final quarter of the year. This surge is typically attributed to companies actively striving to meet their production targets during these periods. Maybe someone else may see things differently than I do.
