The Cypher Consortium: Notary Signing Agent (NSA)
Notary Signing Agent (NSA)
Hello, My name is Benayahu Nasi Benyehudah; I represent; The Cypher Consortium; I will meet with you at your home on behalf of the Title & Closing Company as your Notary Signing Agent to conduct your loan signing. I always call before meeting with you. I must suggest all signers sit next to each other to facilitate the signing preferably at an empty table for documents and pen only.
I will always make sure all signers or borrowers have their state photo identification before we start the notary signing process and in some cases two forms of identification. The entire process takes about 45 - 60 minutes. I will move patiently through the documents, at your pace, you will not be rushed.
What is a Notary Signing Agent
A Notary Signing Agent or NSA is a Notary who has special training to handle loan document signings. Title companies and signing services hire NSA's to deliver loan documents to borrowers, oversee the signing and return the documents.
Please ask any and all question before we start the signing. If you would prefer an electronic copy of the documents you must contact the title or closing company.
Loan Packages
Loan documents will come packaged in different stacking order. The definitions of some of these documents are listed on the right under Notary Signing Package.
I will supply you with a copy of the closing package in your hand I cannot send any of these documents electronically or by email. The closing of the signing process may require you to give me the proper funds as per the instructions of the title or closing company.
Disclaimer
Disclaimer: I am not an attorney and cannot by law, interpret or explain the contents of any legal documents to you. If you have any important questions about your documents please contact an attorney or the person who provided the documents to you. I am not allowed to draft legal documents, give advice on legal matters, including immigration or charge a fee for these activities.
Knowledge
Errors & Omissions (E&O) and Compliance Agreement
Errors & Omissions (E&O) and Compliance Agreement
Errors & Omissions (E&O) and Compliance Agreement
States that if there are any typographical or clerical errors on the closing documents, the borrower would agree to sign any documents that had to be corrected.
Flood Hazard Notice
Errors & Omissions (E&O) and Compliance Agreement
Errors & Omissions (E&O) and Compliance Agreement
Indicates whether or not the property is in an area designated as a flood zone area.
Form 4506-T Request for Transcript of Tax Return
Errors & Omissions (E&O) and Compliance Agreement
Form 4506-T Request for Transcript of Tax Return
Authorizes the lender to obtain transcripts of tax returns.
Good Faith Estimate (GFE)
Identification Verification Form
Form 4506-T Request for Transcript of Tax Return
Estimate of all closing fees including pre-paid and escrow items as well as lender charges.
HUD - Settlement Statement
Identification Verification Form
Identification Verification Form
The HUD/Settlement Statement itemizes all closing costs; on pages 1 and 2 items that appear on this statement include real estate commissions, loan fees, points, payoffs and escrow amounts. Page 3 of the Settlement Statement is a comparison of the fees disclosed on the Good Faith Estimate (GFE) to the actual costs as listed on the settlem
The HUD/Settlement Statement itemizes all closing costs; on pages 1 and 2 items that appear on this statement include real estate commissions, loan fees, points, payoffs and escrow amounts. Page 3 of the Settlement Statement is a comparison of the fees disclosed on the Good Faith Estimate (GFE) to the actual costs as listed on the settlement statement/HUD.
The bottom portion of page 3 shows the loan terms. The loan amount, rate, term, principal and interest payment as well as total payment are at the bottom. (If you have questions related to these amounts, direct them to the lender.)
Identification Verification Form
Identification Verification Form
Identification Verification Form
Verifies identity of the borrower and should read exactly as their state or federal issued ID reads.
Impound Account Letter
Initial Escrow Account Disclosure Statement
Initial Escrow Account Disclosure Statement
Authorizing the lender to collect real estate taxes and homeowner’s insurance to be paid out of the borrower’s escrow account when they are due and payable.
Initial Escrow Account Disclosure Statement
Initial Escrow Account Disclosure Statement
Initial Escrow Account Disclosure Statement
One-year snapshot of the borrowers escrow account.
Insurance Requirements
Initial Escrow Account Disclosure Statement
Itemization of Amount Financed
States that homeowners insurance is required during the term of the loan. lender.
Itemization of Amount Financed
Borrower’s Certification Authorization
Itemization of Amount Financed
Describes the items in detail that comprise the amounts necessary to calculate the annual percentage rate.
Mortgage - Deed of Trust
Borrower’s Certification Authorization
Borrower’s Certification Authorization
Recorded in county land records as evidence of the lender’s security interest in the property.
Borrower’s Certification Authorization
Borrower’s Certification Authorization
Borrower’s Certification Authorization
Certifies all of the information provided the loan application is true and complete.
Disclaimer
Disclaimer: I am not an attorney and cannot by law, interpret or explain the contents of any legal documents to you. If you have any important questions about your documents please contact an attorney or the person who provided the documents to you. I am not allowed to draft legal documents, give advice on legal matters, including immigration or charge a fee for these activities.
Knowledge
Note
Notice of Right to Cancel
Notice of Right to Cancel
A written promise to pay a sum of money at a stated interest rate during a specified term.
Notice of Right to Cancel
Notice of Right to Cancel
Notice of Right to Cancel
The borrower’s notice of their right to cancel the transaction within a specified time frame.
Owner’s Affidavit
Notice of Right to Cancel
Owner’s Affidavit
States that the borrower acknowledges no additional liens, judgments, encumbrances or claims against the property. It also states that no one else owns the property besides the borrower, there’s no contract for sale, confirms marital status, no delinquent taxes and no zoning law violations.
Payment Letter
Servicing Disclosure Statement
Owner’s Affidavit
Borrower’s principal, interest, real estate taxes and homeowner’s insurance which total the monthly payment.
Riders (if applicable)
Servicing Disclosure Statement
Servicing Disclosure Statement
Planned Unit Development (PUD) Rider
This rider requires the borrower to pay fees or assessments that may be levied by a Homeowners Association (HOA) to prevent any liens by the association.
Second Home Rider
This rider states the borrower is not occupying the home as their primary residence.
1 - 4 Family Rider
This rider states the property
Planned Unit Development (PUD) Rider
This rider requires the borrower to pay fees or assessments that may be levied by a Homeowners Association (HOA) to prevent any liens by the association.
Second Home Rider
This rider states the borrower is not occupying the home as their primary residence.
1 - 4 Family Rider
This rider states the property is a multi-unit property.
Manufactured Home Rider
This rider states the property is a manufactured home.
Condominium Rider
This rider states the property is a condominium.
ARM Rider
This rider states this loan is an Adjustable Rate Mortgage (ARM) loan.
Servicing Disclosure Statement
Servicing Disclosure Statement
Servicing Disclosure Statement
Discloses the fact that the lender has the right to sell, transfer or assign the servicing rights to the loan.
Signature Affidavit & Name Affidavit
Uniform Residential Loan Application 1003
Signature Affidavit & Name Affidavit
The Signature & Name Affidavit lists variations of the borrowers name such as “AKA’s” that the lender may have located when checking their credit or when the title search was completed. The variations may differ from their name as it appears on the lender’s loan documents.
Truth in Lending (TIL)
Uniform Residential Loan Application 1003
Signature Affidavit & Name Affidavit
This is the Truth in Lending statement. It will include the following information:
- The annual percentage rate (APR)
- The finance charge
- The total of payments (the amount the borrower will have paid after they have made all of their scheduled mortgage payments)
Uniform Residential Loan Application 1003
Uniform Residential Loan Application 1003
Uniform Residential Loan Application 1003
This is the final, typed version of the loan application.
W-9
Signatures on Package
Uniform Residential Loan Application 1003
Verifies the borrower’s Social Security Number.
Signatures on Package
Signatures on Package
Signatures on Package
You must sign your name exactly as your name appears on the signature line in the documents. Some of the documents must be notarized; I may also be required to administer an oath before completing the notarization on certain documents. I will review each document, and explain to you the document’s general purpose. Any questions beyond tha
You must sign your name exactly as your name appears on the signature line in the documents. Some of the documents must be notarized; I may also be required to administer an oath before completing the notarization on certain documents. I will review each document, and explain to you the document’s general purpose. Any questions beyond that related to fees, rates or other loan-specific items must be directed to your lender, I am not authorized to articulate beyond the general description of the documents. We must contact the leander or closing agent before making any changes or corrections to the documents.
Disclaimer
Disclaimer: I am not an attorney and cannot by law, interpret or explain the contents of any legal documents to you. If you have any important questions about your documents please contact an attorney or the person who provided the documents to you. I am not allowed to draft legal documents, give advice on legal matters, including immigration or charge a fee for these activities.