1.  Know your state's regulations on notarization using Signature by Mark.  This is used when the borrower cannot sign her/his name but can only make a mark.  (One gal I worked with held the pen with her teeth.)  Most title companies are not familiar with Signature by Mark so I always enclose a copy of my state's regulation in the signed return package to them.

2.  Know your state's regulations regarding the recording of Power of Attorney.  My state requires that any Power of Attorney to be used for real estate papers must be recorded at the courthouse before the date of the final loan doc signing.  The states my LO's lender and title companies are in do not require this so there was no one but me to warn my LO to be certain the POA was recorded before she ordered final docs.  This type of infomation is a big help to your LO and will strengthen her loyalty to using your notary services.

3. Keep an arthritis-friendly pen in your briefcase.  I researched several and think the one made by Pen Again is the most comfortable and easiest use.  See picture below.  You can get blue refills for Pen Again models.  My state is a Blue Ink state so this is important.  I get mine for around $5 each from the mom and pop stationery store downtown.  You can find a retail location near you at http://www.penagain.com/

Happy signing, Laura   http://www.ProfessionalNotary.com

Pen Again

 

7 Comments on 3 tips for notaries doing Reverse Mortgage signings

AUG
25
2007

Love the arthritis pen idea!  I have not seen a pen like that.  This would be good to have on hand for all types of signings.  I have had several refinances for people who have trouble holding a pen for the duration of the signing.  I will be on the look out for one in blue and black.

Happy Signing:) Laura

www.abovesigning.com

4:23pm • #1
1 Featured Post

Laura, thanks for the tips. While the Reverse Mortgage industry is growing, the pen idea is really fun and helpful for our senior signers.  

 

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7:32pm • #2
AUG
29
2007
Outside Blog

I agree, I'm in Florida - Q-tip cotton-head capital of the world - and I do a lot of Reverse Mortgages.  I have never seen that kind of pen, but it looks great!  I have regular, and fat think-grip pens, but I'm going to get some of those as well!  Thanks!!

Signature

10:45pm • #3
SEP
19
2007

I just did another Reverse Mortgage on Monday and it never occurred to me that getting a different pen would help them out. The borrower was so cramped up by the end of the application process I felt bad. What a novel idea! Thanks for the info.... 

Michele R. Madison

http://nebraska1notary.com 

9:56am • #4
DEC
04
2007

Laura - Thanks for sharing the arthritis pen... this is a great idea you have!

It appears you can get them at Office Depot or Wal-Mart... I'll go by there tomorrow and check them out.

I agree with you on the Signature by Mark - I have a copy of the instructions I include when doing that.

 

12:04am • #5
DEC
07
2007

Awesome words from a fantastic notary.  Blogs like this really help novice notaries to get this information to be a success.  Thanks for the great post!

WWW.nmnotaryloansigningagent.com

10:53pm • #6
MAR
15
2008
190,768 Points Outside Blog
I love that pen.  Looks very comfortable.  Great tips!!!
8:53pm • #7

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Laura Vestanen

Point Roberts, WA

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Professional Notary

Address: Address and directions provided when you call, Point Roberts, WA, 98281

Office Phone: (604) 484-3681

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