Notary Signing Agent vs. Closing Agent

Many times we have been forced to use a notary signing agent or a closing agent…they are not the same.  A Notary Signing Agent is a ministerial officer that acts as a impartial, third party witness to document signings and may not advise the borrower about the loan terms or answer questions about the loan.  The Notary Signing Agent is responsible for positively identifying the signer, making a commonsense judgment that the borrower is aware of what is being signed and signing willingly and following all necessary requirements for notarizing the borrower’s signature.  The Notary Signing Agent may not answer questions about the loan terms or advise the signer regarding the loan.