Loan Signing Agent vs. Notary Public: What’s the Difference?

If you’ve ever had a document notarized or needed help closing a loan, you may have asked yourself: What’s the difference between a loan signing agent and a notary public? At First Class Signing Service, we understand that the overlap in these roles can cause confusion.

Let’s break down the key differences so you know exactly who to contact for your next document signing.

What Is a Notary Public?

A notary public is an official appointed by the state to witness the signing of important documents and to verify the identity of signers. Their job is to help prevent fraud by confirming that each person signing is who they say they are and is doing so willingly. Notaries are authorized to notarize a wide range of documents including affidavits, powers of attorney, contracts, medical directives and more.

They confirm identity using valid, government-issued identification, watch the document being signed, then add their official stamp or seal. Notaries do not provide legal advice or interpret the contents of a document. Their role is to act as a neutral third party ensuring the integrity of the signing process.

What Is a Loan Signing Agent?

A loan signing agent is a notary who has received additional training and certification to handle loan documents, especially in real estate transactions. They are often hired by title companies, escrow officers, or lenders to assist with the signing of mortgage paperwork.

Loan signing agents are familiar with documents like closing disclosures, deeds of trust and promissory notes. While they cannot explain legal terms or offer advice, they help ensure the borrower signs all the necessary pages correctly and that the documents are returned on time to prevent delays in funding.

What Is a Notary Loan Signing Agent?

The term “notary loan signing agent” is often used to describe a notary public who also performs loan closings. It blends responsibilities — the legal authority of a notary combined with the specialized knowledge of a signing agent. While the foundational duties are similar, loan signing agents typically have additional experience with time-sensitive and document-intensive transactions.

Loan Signing Agent vs. Notary Public: Key Differences

Let’s break down the differences between these roles across several key areas:

Scope of Work

• Notary Public: Performs general notarizations for a wide range of documents
• Loan Signing Agent: Specializes in real estate and mortgage documents, often with more paperwork and deadlines

Training and Certification

• Notary Public: Must complete a state application process and receive a commission
• Loan Signing Agent: Must also be a commissioned notary, with added training and often a certification exam related to loan signings

Earning Potential

• Notary Public: May earn less per appointment due to shorter, simpler tasks
• Loan Signing Agent: Can earn more for each signing due to the complexity and time involved

Typical Clients

• Notary Public: Individuals, law firms, healthcare offices, government agencies
• Loan Signing Agent: Title companies, escrow agents, real estate professionals, lenders

Knowledge Required

• Notary Public: General legal knowledge and understanding of ID verification
• Loan Signing Agent: Familiarity with loan documents, closing processes and industry expectations

Liability and Risk

• Notary Public: Responsible for verifying identity and completing notarization accurately
• Loan Signing Agent: Faces added pressure to complete long and complex document packages without mistakes that could delay a closing

Background Checks

• Notary Public: Background checks may be required depending on the state
• Loan Signing Agent: Almost always must pass a background check to handle financial and legal paperwork

Why Understanding the Difference Matters

Knowing the difference between a loan signing agent and a notary public can save you time and help you avoid costly mistakes. If you’re closing on a home or refinancing, hiring a loan signing agent ensures the process is completed correctly and efficiently. If you’re simply notarizing a power of attorney or affidavit, a general notary may be all you need.

Understanding the difference also matters if you’re planning to become a notary yourself. Choosing the loan signing agent path opens up new opportunities in the real estate and financial sectors — but also comes with added responsibilities and expectations.

What If You Need Mobile Notary Services?

At First Class Signing, our network includes both general notaries and certified loan signing agents. We offer mobile notary services throughout the U.S., making it easy to get your documents signed at your home, office or another location of your choice. We also offer remote online notarizations for added flexibility. And when it’s time to submit documents with a government agency, we can securely submit your documents electronically via eRecording.

Our team is trained to handle everything from basic notarizations to complex loan packages with professionalism and care.

When it comes to the question of loan signing agent vs. notary public, the answer depends on the type of service you need. Both roles are essential to ensuring documents are signed legally and securely, but the scope of work, training and expertise can vary. Whether you’re signing a loan package or a legal form, working with the right professional makes all the difference.

Need a mobile notary or loan signing agent?

Contact an agent from First Class Signing Service today, and let us help you get your documents notarized quickly, accurately and conveniently.