A Loan Signing Agent is a licensed professional who specializes in facilitating loan documents between borrowers and lenders. They are responsible for preparing, verifying, and witnessing the execution of loan documents for various types of loans, such as mortgages, home equity lines of credit (HELOCs), refinances, and other consumer loans.
The essential duties of the Loan Signing Agent includes working with lenders to ensure compliance with loan documents, confirming all parties understand the terms of the loan, ensuring accuracy of the documents, and resolving any discrepancies while providing customer service throughout the loan process. Additionally, they are expected to make sure that all documents are signed and completed correctly, notarize them when necessary, explain the documents to borrowers, timely submit signed documents to lenders, and maintain accurate records.