For senior citizens, a reverse mortgage is a step to financial independence without having to worry about paying back the loan in their lifetimes. As a lender, you have many responsibilities to take care of, besides interfacing with your clients. When time constraints crop up and you feel you cannot always be present when your senior clients need you, we can help. TheNotarySpot has been successfully assisting reverse mortgage lenders across the country with loan closings and completing the application for the past eight years.
Why our notaries?
Just pointing and signing documents is not our style. Our notary signing agents have a working knowledge of reverse mortgage costs and charges. While we do not offer legal advice per se, we confirm the list of charges communicated to your clients. We explain the charges on the settlement statement, such as the set aside amount, lender's origination fee, mortgage insurance premium and loan funds needed to settle liens against the property, if applicable.
You no longer have to worry if your client is unable to drive or facing mobility issues. We visit your client's home to do the closing. A mobile notary agent from TheNotarySpot arrives at a time convenient to your client. We'll bring the loan documents to a destination of their choice and ensure a comfortable experience.
Our notaries have been trained to address the mortgage closings involved with various real estate transactions appropriately. We are patient, helpful and go the extra mile to make the closing go on smoothly.