Loan Signing Agent Job in Long Beach, USA

Loan Signing Agent Job In Long Beach Salary, A loan underwriter is a notary who is trained to help borrowers sign loan documents. These professionals play an important role in real estate transactions and ensure that the documents are properly signed and notarized properly. In Long Beach, California, being a lender can be a lucrative career, especially for those who enjoy flexible schedules and independent work.

Job description

Borrowers are responsible for:

Explain the loan documents to borrowers.
Ensure all documents are properly signed, dated and attested.
Deliver the complete documents to the loan officer or escrow company.
Loan officers often work as independent contractors, allowing them to set their own schedules and take on as much work as they want.

Salary expectations

A loan signing agent’s salary in Long Beach depends on several factors, including experience, certifications and the size of the assignments. Here is an overview:

Average salary:

Loan underwriting agents in California typically earn between $75 and $200 per job.
For a full-time agent, this can equate to an annual salary of $50,000 to $100,000 depending on the number of deals completed.

Hourly breakdown:

Orders can take 1 to 2 hours to complete, meaning agents actually earn $50 to $100 per hour.
Part-time income:

Part-time agents who make two to five referrals per week can earn between $10,000 and $40,000 per year.
Factors affecting salary

Experience:

Experienced agents who develop strong relationships with title companies or signing services often receive higher paying contracts.

Certifications:

Earning certifications, such as from the National Notary Association (NNA), can increase credibility and access to more work.

Market demand:

Long Beach has a dynamic real estate market that means lenders are in high demand.

Additional services:

Offering additional services such as mobile notary or attestation of property documents can supplement the income.

Get started

How to become a borrower in Long Beach?

Become a notary:

Complete the required training, pass the California Notary Exam and earn your commission.

Get certified as a loan signer:

Consider courses like the Loan Underwriting System or NNA Certification.

Stock up on essential supplies:

You need a notary seal, a diary and errors and omissions insurance.

Advertise yourself:

Build relationships with title companies, signing services and real estate agents.
Pros and cons of the job

Advantages:

Flexible schedule.
High earning potential for part-time or full-time employment.
Ability to work independently.

Disadvantages:

Irregular workflows depending on the real estate market.
Initial costs for training, certification and supplies.
Responsibility for ensuring legal compliance.

Diploma

Working as a loan signing agent in Long Beach can be a rewarding career, especially for those looking for flexibility and good earning potential. In a dynamic real estate market, qualified brokers have the opportunity to succeed by building strong relationships and providing reliable services. Whether full-time or part-time, this position can provide a solid income for those willing to put in the work to succeed. Clickmore