REVERSE MORTGAGE, HELOC & LOAN MODS - TRAINING FOR NOTARY SIGNING AGENTS

Weekly zoom training for Notary Signing agents. Please email [e-mail] or [e-mail] to receive the zoom link.

[@niamerced9573]

These videos are a lifesaver...keep them coming. We, newbies, need all the help we can get.

[@coast2coast-notaryuniversity]

This means so much! Our live classes start back up in August! Hope you can join us:)

[@ChangedandChosen]

Amen to this!

[@JoUtube0991]

I feel so much more confident having watched your videos. Thank you thank you thank you.

[@coast2coast-notaryuniversity]

That is our goal, I am so happy to hear!

[@laticiathemobilenotary2662]

Very insightful, I was hesitant about taking these types of loans as I'm a new NSA. Thank you for taking out the time to share. I feel much more confident now.

[@coast2coast-notaryuniversity]

That is awesome to hear! As a new NSA I think its important to try everything. Remember, never say no and you will always have plenty of work!

[@Anonymous23609]

Why do I love these types of signings

[@anthonyzanders8507]

I really needed the knowledge. Thank you so much

[@coast2coast-notaryuniversity]

You are so welcome

[@athena4ncnotary642]

Thank you for your trainings! As a newbie LSA these trainings really make me feel more confident when I'm working with the signers. Looking forward to the next training - thanks again :)

[@coast2coast-notaryuniversity]

YAY! That is awesome news. We are here for you :)

[@laurab8248]

Thank you for this video!!! I wondered why the fee was so low. I saw in a notary group everyone complaining and said we shouldnt accept such a low fee. Im doing my first reverse today and I came straight to your youtube account to review. This is so helpful! :)

[@coast2coast-notaryuniversity]

I am so happy that our video is informative! :)

[@dulydevoted2notary473]

I have my first reverse mortgage tomorrow... This is so helpful! Thank you Coast 2 Coast!!!~

[@coast2coast-notaryuniversity]

How did it go??

[@dulydevoted2notary473]

@@coast2coast-notaryuniversity It went very well, thank you!

[@Chikilinaa]

Thanks for the video. I just rejected a signing because I have not done a reverse mortgage yet. Should have watched this first.

[@coast2coast-notaryuniversity]

Next time you get a notification for you, take it!!! Email me at [e-mail] and I will help you if needed, even if the file is not with C2C.

[@portiamarriott5513]

Lisa, thank you so much for these videos. I am a newbie who is looking to launch my business later this month and was looking for more well rounded information on Reverse Mortgages as I noticed that most Notaries seem to be scared of them. I was able to find some great information that deepened my understanding, and then I stumbled upon your video which truly has helped to further solidify my understanding. I also appreciate your explanation as to the fees for taking the Reverse Mortgage application vs the fees for the actual closing. It is imperative that as new Loan Signing Agents that we seek to have a fuller picture and not get caught up in negativity. Between my training with Loan Signing Systems, and additional reading, and your videos, I look forward to undertaking Reverse Mortgages. I further look forward to watching your other videos. It’s truly helpful to learn and get the perspective of a Signing Service.

[@Allisonmia1]

Good information on understanding these mortgage products and how to approach them when doing them.

[@coast2coast-notaryuniversity]

More to come!

[@victoria.josephine]

I don’t have enough signings to work for coast to coast but this is great material, thank you.

[@coast2coast-notaryuniversity]

You don't need any signings to work with us! We love to teach and train new agents. Email me at [e-mail], and I will help you get more signings.

[@cherylhanna6375]

This is a great video. Complete, honest and reliable. Know that this is a good situation for me. Thank you.

[@coast2coast-notaryuniversity]

Thank you so much Cheryl! Our goal is to help you be the best agent you can be. We are here for you!

[@liaodell2500]

Thank you. Was hesitant to take a reverse, information was really helpful.

[@coast2coast-notaryuniversity]

Yes, they can be daunting at first! But they are good for experience and help the seniors in your community!

[@nonamegiven5078]

I'm addicted to this channel! Such great information all while being extremely Newbie friendly. I'll be starting my NNA Signing Agent Certification soon and I'm definitely considering reaching out to C2C to inquire about signing opportunities in my state. This appears to be a company that I'd definitely like to grow with.

[@coast2coast-notaryuniversity]

We are so grateful you enjoy our classes! Good luck in your journey! If you are interested in joining the email list- email [e-mail] and we will add you to the email invite.

[@nonamegiven5078]

@@coast2coast-notaryuniversity Thank you so very much! 🥰🥰🥰

[@eliz8294]

WONDERFUL VIDEO. VERY INFORMATIVE AND EASY TO UNDERSTAND. THANK YOU VERY MUCH.

[@coast2coast-notaryuniversity]

You are welcome! Thank YOU for watching!

[@sunlight4169]

Thank you so much for these very helpful presentations !

[@coast2coast-notaryuniversity]

You are so welcome!

[@valynni]

Awesome and informative trainings! Thank you for the trainings.

[@coast2coast-notaryuniversity]

Our pleasure!

[@wildhorsestm]

I am looking forward to become an expert in Reverse Mortgages.

[@joybretz6753]

I plan to specialize in this as well. :)

[@coast2coast-notaryuniversity]

That is awesome! And it is a wonderful service to help the elderly in our communities.

[@pickeerose4129]

@@coast2coast-notaryuniversity I like that niche, once I learn everything I will then beginning seeking for that course.

[@DarknessFalls29]

Reverse mortgage is my a absolute favorite. I'll take those over refinance signings. However, I've never been offered an application signing for under $120. But that can be dependent on geographic area and what the market looks like.

[@MichaelHoward-td9qm]

Glad to see some of us are wanting and willing to do these. I'm just starting out and I see a bunch of notaries saying it's not worth it time wise to do these. If I can help people have a better life in their golden years, IM DOWN

[@sheriblake469]

Thank you for the video great info 👍 😀

[@coast2coast-notaryuniversity]

Glad it was helpful!

[@moniquervision3393]

These sessions are very informative! Thank you for sharing your valuable time! ~Official Seals

[@coast2coast-notaryuniversity]

It is our pleasure! Thank you for watching!

[@GodsSpoiledBrat]

Another great training… took a lot of notes

[@coast2coast-notaryuniversity]

That means so much!!!

[@Bb-bk5xg]

Thank you for these videos. You have very valuable information. 💯

[@coast2coast-notaryuniversity]

This means so much! Thank yu for watching.

[@mashalifevlog6514]

Thank you for such informative video. I am new LSA, but my EO does a lot of Reverse mortgages and offers me to work with her directly. I would like to get as much information as possible so I can be of good value to all parties involved.

[@coast2coast-notaryuniversity]

Take them! They can be a little intimidating but it is great experience!

[@lucyl2003]

Thank you for sharing, this presentation was very informative. I feel more confident now and I am looking forward to my first Reverse Mortgage.

[@coast2coast-notaryuniversity]

Yay! That is what I love to hear. That is one of the goals of these videos, to give you NSA's the confidence you need to be sucessful.

[@tamithahooper5922]

Did my first Reverse App a couple of weeks ago....was surprised no notarization was required.

[@coast2coast-notaryuniversity]

That is right! No notarizations on a reverse mortgage app.

[@delphinefano-5068]

Thank you very much for the great info. I am still a 2 year newbie. Haven't performed that service yet. Still learning. Thank you have a great day!

[@coast2coast-notaryuniversity]

Keep up the good work! Hope you get to take one of these products soon!

[@devonv26]

thank you this was so informative and helpful, not so scared to take these on anymore!

[@coast2coast-notaryuniversity]

Wow! That is awesome! Glad we helped take the mystery out of these loans :) you can do them all!

[@stephaniedonato6414]

This video is pure gold. Thank you. Thank you. Thank you.

[@coast2coast-notaryuniversity]

Glad you enjoyed it! Thank you for your encouraging words :)

[@selisejohnson]

Thank you so much for this, Great info.

[@coast2coast-notaryuniversity]

You are so welcome!

[@chiquitam.etheridge1184]

Great Information!

[@coast2coast-notaryuniversity]

Thanks for watching!

[@walk2miles]

Excellent training and really helped me to understand the reverse mortgage and not avoid them. How and where does one become trained to be a HECM counselor? Thank you.

[@coast2coast-notaryuniversity]

Hi Grace! Im glad you like the training. To be a HECM counselor is a difficult process. I believe you have to work with a HUD agency and then they sponsor you to take the test. It is a difficult test, and most of the time you have to take a class to prepare you.

[@charlenebush2254]

Thank. You for this information

[@coast2coast-notaryuniversity]

My pleasure

[@dhuratadobbins3001]

Thanks for the information

[@coast2coast-notaryuniversity]

My pleasure

[@glamelhershkovitz1664]

Thank you. Good stuff here.

[@coast2coast-notaryuniversity]

Glad you enjoyed it :)

[@StacieTaborn]

Thanks again for providing this training!

[@coast2coast-notaryuniversity]

You are so welcome Stacie, thank you for watching :)

[@Dream2lvu]

Thank you!! 😁

[@coast2coast-notaryuniversity]

Our pleasure!

[@makhaela]

Thank you

[@coast2coast-notaryuniversity]

You're welcome

[@illwiteboy]

Thank you for your videos! Is there a weekly or monthly webinar or live sessions that people can join in on?

[@coast2coast-notaryuniversity]

We have a live class every Friday, if you want to join just email [e-mail] and we will add you to our email list.

[@alexiss1492]

That is super helpful! I have done reverse mortgages before but I have not come across the trustee signature. When it request trustee verbiage with signature does that mean the signer is signing his name and trustee after each signature?

[@coast2coast-notaryuniversity]

Not necessarily! Every lender is different so when you see trustee verbiage on the signature line, make sure to ask the contracting company how the borrower should be signing!

[@Sully.Man007]

Do you offer a training course ? Your explanation and presentation is straight to the point 😁

[@coast2coast-notaryuniversity]

We are finishing up a textbook, and we have these classes. If you want to attend our free live classes- email me and I will get you on the list- [e-mail]

[@MichaelHoward-td9qm]

In my studying of documents I found info saying the HUD1 is only used for reverse mortgages But in my training course it says the HUD1 is still used on not only reverse mortgages but also HELOCS and refi's. Which is the correct answer??? I didn't plan to do reverse mortgages because many LSAs say they take too long and aren't worth it. I've decided I am going to do them. If a reverse mortgage helps seniors be able to live better and not struggle financially, then WE SHOULD ANSWER THE CALL TO HELP THEM... But again, when is the HUD1 still used because I've gotten conflicting info on this.

[@coast2coast-notaryuniversity]

Hi there! So HUD1 is not used for HELOC'S or REFI's anymore. It has been replaced by the CLOSING DISCLOSURE. It is still used in Reverse Mortgages though. As for you taking reverse mortgages.. WOW! I love your attitude. That is how we feel too... they may take longer, but you really are performing a valuable service. Whenever I do them, I think of my grandparents who have a reverse mortgage and how fortunate a program like this is for her, they get to stay in their family home because of it. I am proud of you! If you need anything, feel free to reach out, my email is [e-mail].

[@halliceola2630]

So in the portal it's ok to ask questions about the documents? I thought it was just to check in that you've confirmed the order and you're done with the signing?

[@coast2coast-notaryuniversity]

Of course sure! Communicate all questions or concerns on the portal!

[@cherylvargas9187]

I am confused about when people say that the signature needs to be signed exactly as the signature line shows. My signature is not readable, and I know many people who sign with a circle or another form which is not readable. Do the borrowers have to change their official signature (which is probably on their bank account and they sign their checks this same way) in order to sign any type of loan documents? I am in CA, if it makes any difference. And I love all the content that C2C has been putting out there! Thank you!

[@coast2coast-notaryuniversity]

So glad you enjoy our videos. Great questions! If the signer's signature is a symbol or unreadable, they need to continue using their symbol, do not have them change their signature. However, if their signature is cursive and you can clearly see each name, they will need to sign the way the signature line dictates. So if my signature line reads Virginia A. Echiribel, that is how my signature needs to read. However, if they signature is a scribble, then I can continue to sign my scribble.

[@cherylvargas9187]

@@coast2coast-notaryuniversity this is great to know! Your are the first person who I have heard it explained this way. Thank you!

[@susankievman642]

Many times they do not have all the items that they need. Common items missing are Social Security Card, Social Security benefit letter, pension letters, bank statements-all pages, living trust documents etc.

[@coast2coast-notaryuniversity]

That is true!

[@markmelendez1553]

good job

[@coast2coast-notaryuniversity]

Thank you! Cheers!

[@laughatmewithmebymeornotla9328]

How do you go about getting your Commission Expiration Date... I just found this information today... Are lots of good information lol :) Based in California 😁 What is my first step...???

[@coast2coast-notaryuniversity]

Your commission expiration date should be found on your commission and your stamp.

[@sugahatch7026]

I'm in California as well. You can find your commission date on your stamp as well as on your commission certificate from the secretary of the state.

[@starzzz_figtok]

I have a question about the signed by borrowed section. I understand they signed anything following after that but what about the pages before the signed by borrower?? Appreciate any help

[@coast2coast-notaryuniversity]

If there are pages before the "BORROWER TO SIGN", yes have them signed :)

[@KellyW-bu4qw]

I’ve been offered several reverse loans but declined bc I’m scared to mess up. I’m new and this signing is almost 2 hours from me but I need experience.

[@coast2coast-notaryuniversity]

Don't be scared! You can do it.

[@franciscaleon7621]

Is this information good for a loan agent in Texas? New, I’m ready to go but have registered to any signings.

[@coast2coast-notaryuniversity]

Yes it sure it! I will plan on scheduling a class with some TX specific info as well :)

[@susankievman642]

There are only 35-40 signature on an application even though there are many more pages.

[@reginabradford8136]

correction: is there a fee to sign up with C2C?

[@coast2coast-notaryuniversity]

Hello, There is no fee to sign up with Coast 2 Coast

[@PSJSays]

Good info.

[@coast2coast-notaryuniversity]

Glad you liked it peggy!

[@reginabradford8136]

Is there a Fe to sign with C2C?

[@coast2coast-notaryuniversity]

No fee at all! Create a profile on SnapDocs and you will automatically be entered in our database. Here is the link :) snapdocs.com/notaries/

[@RodXLogistics]

I did email regarding a mentor in the field but never get answered back

[@coast2coast-notaryuniversity]

Did you email me directly? [e-mail]

[@susankievman642]

do have any issues with hiring a notary who still carries a NMLS mortgage license?

[@coast2coast-notaryuniversity]

Not at all!

[@susankievman642]

I will be applying to your company shortly.

[@cynnoshah]

❤🔥❤🔥❤🔥❤🔥❤🔥❤🔥❤🔥❤

[@milay6140]

“$40-50 for refinance application is a VERY VERY low pay”. Lol, now I can’t wait to see what she will say about $30 for modifications 😀

[@coast2coast-notaryuniversity]

Yeah- Loan mods are cheap too! But at least they are a tiny package- unlike most reverse mortgage applications.

[@susankievman642]

There is some misinformation in this video. Reverse Mortgages are not just for people who have mortgages to pay off and cant. Some people have NO mortgage and just want extra money to be able to access out of their homes. They want a line of credit to tap into in the future. I have been to hundreds of Reverse Mortgage loan signings and they can be quick, or they can be long depending on the clients. Dont assume that because they are 62 and older that they are slow in the head, or disabled in some way. These are all misconceptions. It takes about an hour in most cases to notarize.

[@coast2coast-notaryuniversity]

Thank you for much for your feedback. You are absolutely right; there are various reasons why a signer may want a reverse mortgage. I totally agree that we cannot assume a signer will take longer because of their age, as I have had many reverse mortgage closings that sign rather quickly and are very comfortable with the docs. I, in no way, was insinuating that reverse mortgage signers are "slow or disabled," as I do not believe that is true. Many signing agents refuse to take these signings because some do take longer, so the purpose of this video is to explain why that might be so and encourage agents to accept these closings and have the patience required for all loan closings.

[@susankievman642]

@@coast2coast-notaryuniversity Thank you for that reply. I do agree that patience is required with Reverse Mortgage clients. That is why it is a specialty. You are typically dealing with someone who is retired and no longer in a business mode. And this is the last really big decision that they will be making with their home on the line. So understanding is key to these.

[@sharonphillips114]

Thank you

[@coast2coast-notaryuniversity]

You are so welcome!

[@cynnoshah]

❤🔥❤🔥❤🔥❤🔥❤🔥❤🔥❤🔥❤