Notary Signing Agent-Reverse Mortgage Training

Learn How to Handle a Reverse Mortgage Closing

What you'll learn

Learn an overview of Reverse Mortgages

Learn the Consumer Requirements for Reverse Mortgages

Learn Documents used in a Reverse Mortgage Signing

Learn Notary Signing Agent Perspective in a Reverse Mortgage

Add an additional stream of income to your Notary business

Requirements

Prerequisite - Working knowledge as a Notary Loan Signing Agent

Description

This course is for the Notary Public and Loan Signing Agent that wants to take on the additional specialty of handling Reverse Mortgage signings. The additional training will teach you about the reverse mortgage clientele and their mindsets. After completing this course you will have an understanding of the reverse mortgage process and be able to better serve your clients, closing agents and loan officers.The reverse mortgage product has a few unique aspects to it. Educating yourself about all of the details will place you in a position to act with compassion and help the clients who may feel or appear to be overwhelmed with this process.After completing this course, you will be in a position to add an additional stream of income to your notary business. You will not feel intimidated by the reverse mortgage process or your ability to effectively handle the documents and assist your clients.The student taking this course should already possess a very good working knowledge of the duties and responsibilities of a Notary Loan Signing Agent.In this course, you will learn:* An overview of the Reverse Mortgage Process* Terminology relevant to Reverse Mortgage closings* The consumer requirements for a Reverse Mortgage                                                              * Unique documents used in this type of closing* The perspective of the Reverse Mortgage Notary Closing Agent

Overview

Lecture 1 Introduction

Section 1: Overview of Reverse Mortgages

Lecture 2 Glossary of Terms

Lecture 3 Overview

Lecture 4 Overview Concluded

Section 2: Consumer Requirements for Reverse Mortgages

Lecture 5 Consumer Requirements

Section 3: Documents Used in a Reverse Mortgage Signing

Lecture 6 Documents Used in a Reverse Mortgage Closing

Lecture 7 Documents Used in a Reverse Mortgage Closing

Section 4: A View from the Notary Side of the Table

Lecture 8 A View from the Notary Side of the Table

Section 5: Elder Financial Exploitation

Lecture 9 Elder Financial Exploitation

Section 6: Conclusion

Lecture 10 Conclusion from the Instructor

Section 7: Final Assessment

This course is for the Notary Signing Agent who wants to complete a Reverse Mortgage signing with confidence and ease knowing they have the knowledge to do the job correctly.