Today we will be reviewing a program called Loan Signing System. Is Loan Signing System legit? Find out in this Loan Signing System review.
What brought you to this Loan Signing System review is the prospect of making some money on the side. Luckily for you, I did my research, so I’ll be able to tell you whether this program can help you find your way to financial freedom.
Before you decide to commit to this company, you should read this Loan Signing System review first. You should check if it is worth your time before you pay for it.
DISCLAIMER: This is a fully independent review. I’m not affiliated with Loan Signing System in any shape or form whatsoever.
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Loan Signing System Review: Quick Details
- Name: Loan Signing System
- Website: https://www.loansigningsystem.com/
- Type: Training Program
- Niche: Loan Signing
- Owner: Mark Wills
- Prices: $197-$497
- Recommended?: Nope. The course is pretty comprehensive, yes. However, the business could be tedious, especially for someone who has no prior knowledge of it.
What is Loan Signing System?
The Loan Signing System (LSS), which is founded and built by Mark Wills, is one of the most popular loan signing agent training programs available today.
There program offers three different courses, which are named Fundamental, Professional, and Six-Figures. It seems like a lot of students find LSS as a satisfactory training program.
Many individuals have found the training program to be beneficial, and as a result, they have been able to develop a prosperous loan signing company.
With LSS, you have a possibility to make $75 to $200 every signing appointment. However, you must first learn the fundamentals of loan signing in order to become a high-earning loan signing agent.
Who is Mark Wills?
The Loan Signing System was created by Mark Wills. He is currently one of the highest-paid loan signing agents in the nation.
He seems like a good person to learn from due to his degree of skill and success. Actually, Mark has a total of over 100,000 loan signings under his belt as a loan signing agent.
He will be teaching all you need to know about loan signing so you can get started quickly and easily. He also knows the ins and outs of the procedure, as well as how to avoid common pitfalls.
For over two decades, he has been gaining information and expertise on how to become a top-earning agent. With his history, you may be confident in his training course and confident in your ability to replicate his success with your own loan signing company.
He’s also the author of “The Best-Kept Real Estate Secret – How To Become A Successful Notary Loan Signing Agent,” which is a best-selling book on loan signing and the notary industry.
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How to Be a Successful Loan Signing Agent, According to LSS
In this section of the Loan Signing System review, we will go over the steps that LSS recommends in order to become successful in the business.
Phase I: Getting Started with the Basics
1. Get your notary commission from your state.
The first step in the loan signing process is to get a valid notary license, also known as commission.
One of the things I appreciate about becoming a notary public loan signing agent is that there is no need for a college diploma or prior experience.
All you’ll need is a state-issued notary commission or license. State licensing requirements vary, and some states do not need one. You’ve just had to fill out an application, and you are all set.
2. Learn how to do basic signing with confidence.
Next, make sure you’re confident in your ability to sign a loan properly.
This is where the Loan Signing System training comes in.
While browsing through LSS’s 130-page loan documentation, it will give you with step-by-step instructions.
3. Get listed in all the notary loan signing agent databases to get jobs.
Get your name on the list of a signing service provider like Signing Services, which offers pre-scheduled loan signing appointments for $75 to $100 each time.
The LSS online course will take you through the various databases in the business that you can sign up for and show you how to create a profile or account step by step.
4. Get certified, then practice, practice, practice.
After you’ve joined up with a signing service, you’ll need to get a notary loan signing agent certification.
You will be able to position yourself as someone who has a basic grasp of the sector if you have the right certification, which will increase your chances of gaining more notary signing agent employment.
LSS’ certification may be able to equip you with the most up-to-date, hands-on, and rigorous certification in the industry, which is included in all three LSS courses.
Phase II: Scaling Your Loan Signing Business
5. Learn how to do a loan signing to escrow standards.
You must guarantee that the loan documentation is prepared in line with escrow regulations as a loan signing agent.
If you learn it well, you’ll be two steps ahead of other loan signing agents, which equates to more return customers.
LSS demonstrates how to ensure that the borrower completes all documentation according to escrow regulations. This can put you on top of the leaderboard.
6. Learn how to package loan documents.
Packaging loan paperwork is all about separating the papers so that each loan party, such as the lender, title company, and escrow company, receives the documentation they need.
But, more importantly, if you perfect this expertise, you may be the first pick of an escrow agency. Not all agents are capable of properly packaging their documents. In reality, just 10% of them are capable of doing so.
As a result, if you understand this, you will be able to set yourself apart from your competition and increase your prospects of future loan signings.
You’re probably in good hands with the LSS course, which will provide you with lessons about proper loan document packaging.
7. Approach mortgage professionals for loan signing jobs.
The persons who choose which notary loan signing agents obtain loan signing appointments are escrow officials, loan officers, and real estate agents. Knowing what to say to a mortgage specialist can assist you in getting loan signatures.
They will be more confident in employing you as their signing agent if they know you are aware of the most common errors made by loan signing agents and how to prevent them.
The same exact word-for-word script that Loan Signing System mentor and trainer Mark Wills uses to secure approximately 5,000 loan signings every year is included in the training program.
8. Build a relationship with 2 to 5 escrow officers.
Contrary to common misconception, working as a notary loan signing agent does not need you to deal with 20 different escrow officers. Only a few are required.
Each month, a busy escrow officer may have about 50 loan signatures to complete. As a result, having two to five escrow officers as customers might result in between 100 and 250 loan signatures.
Escrow officers, loan officers, and real estate brokers provide instruction via the Loan Signing System. As a result of this special training, you may have a significant edge over other notary signing agents.
9. Set a goal of how much you want to make as a notary loan signing agent.
It’s time to figure out how much you want to earn each year after you have the abilities and knowledge to work as a loan signing agent according to escrow requirements and understand how to package loan paperwork.
Then you may calculate how many loan signing jobs you’ll need to reach that revenue level. If you want to achieve a six-figure income, for example, you should aim for 13 loan signings every week, each paying $150 on average. You’ll need 6-7 $150-per-signing signings every week to earn $50,000 per year.
Notaries trying to attain whatever degree of success they want are the only focus of the Loan Signing System monthly coaching.
While each student in the group achieves a different degree of success, it will definitely provide you with the skills and information you need to become a successful notary loan signing agent.
There are some programs I have reviewed which were like loan signing system which are as below:
Loan Signing System Overview
In this portion of the Loan Signing System review, we will be taking a look at the courses being offered.
The training program is composed of three-tiers, each comprising a different course.
This course which is being offered by LSS is their basics course. You will be learning the fundamentals that you need to know regarding how to be a loan signing agent.
Finishing this course will entitle you the certification you need in order to take the National Notary Association (NNA) exam. You will be guided using step-by-step instructions which details the entire process. This is beneficial to you, especially if you are a newbie who has no knowledge about the business.
You will be taught about different major types of closing. Included are actual documents which you will encounter for these situations. This will give you a good grasp of every situation you will potentially encounter.
There is also a video all about loan signing. It shows you step-by-step how loan signing is done. It makes for a good visual representation regarding the closing process.
Along with that, you will be trained on basic principles regarding how to properly work with escrow officers. Remember that these people serve as the connection you have with your clients. This is why it is encouraged that you build relationships with them.
The course is priced at $197.
This is the next course being offered by LSS. The course includes what the Fundamental Course has, including some extras. If you are serious about being a loan signing agent, then maybe this course can help you better than the previous one.
The course included a training mentorship which happens monthly. Of course, the course will be giving you more than enough knowledge to be able to pass that NNA exam. Like I said before, this course is only for those serious about the business.
For this course, you will learning about how you can get loan signings which will pay you the most money. It is all about maximizing your earnings. The course extras can help you with getting the most earnings from every client you decide to take.
Along with the training, you get access to a script which you can use to pitch your services to contract firms. After all, not all agents are knowledgeable with how to properly pitch themselves.
The training program acknowledges the need for this, which is why they developed the script in the first place.
Included in this course is a live face-to-face training session with Mark himself. You will be able to ask your questions live, and you can also ask him for some tips.
This course costs $297. You can choose to pay using 4 installments payments of $78 per month.
Earnings six-figures in a business is what most people want. This course can provide you with some answers as to how this can be possible.
This course will provide you with the knowledge that the two previous courses include. You will also undergo a specialized training, which can definitely help you maximize your earning potential.
This course can be the one you need if you plan to be an agent as a full-time career. It includes a mentorship program with Mark himself, which lasts for 6 months. You will directly under his care, and he has the credentials to back himself up.
Along with this, you will also be getting some training from escrow officers, mortgage loan officers, as well as real estate agents. These people have the knowledge of how a loan signing officer is of importance.
This course will cost you $497. You can opt for 6 installment payments of $88 every month.
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How long is the course?
If you watch the Loan Signing System courses all the way through, you’ll get nearly 8 hours of main instruction plus 5-6 hours of extra training videos. The course contains a video of a complete loan signing, audio recordings of real loan signings, and a step-by-step video on how to go through an entire set of loan documentation.
You may choose to go at your own speed when it comes to learning the material. It’s possible to learn everything in a few nights or over many weeks or months. It is entirely up to you to make this decision.
Is this for beginners or advanced notary loan signing agents?
The greatest aspect about the Loan Signing System is that it contains so much information that it is invaluable to both novice and experienced notary loan signing agents.
Topics covered include how to receive your notary commission, how to quickly get your first loan signing, and how to execute a loan signing with confidence for new notary loan signing agents.
Also included are lessons about acquiring signatures directly from escrow officers and mortgage specialists, how to conduct a loan signing to escrow standards (rather than signing service standards), and Mark’s most advanced ideas on how to establish and advertise your loan signing company.
What qualifications are needed to become a notary loan signing agent?
You don’t need a college diploma or any other credentials. All you need is a notary commission in your state and the know-how to get started. With no prior knowledge or experience, you can actually get started with the training program.
It is fairly simple to get a notary commission. You just need to apply in most states. In any scenario, receiving your notary commission might take anywhere from two weeks to two months. The course includes a link to information on how to get a notary commission.
How long do I have access to the Loan Signing System course?
The videos included in the Loan Signing System training course will be available to you immediately and indefinitely.
What if I’m not satisfied with the Loan Signing System course?
All the courses are all backed by a complete money-back guarantee. Simply let them know within 30 days if you don’t enjoy the course for any reason and haven’t earned the Loan Signing System certification, and you will be refunded in full.
What if I have questions or problems?
Mark’s objective is to make the process of being a successful loan signing agent as easy as possible. If you have any problems or inquiries, there are a variety of tools to help you find solutions.
You may ask other students and successful agents questions in the private Facebook group for students. Most loan signing agents have dealt with similar inquiries and concerns in the past and may serve as a valuable resource and source of help. During business hours, there is have a live chat option.
Is Loan Signing System Legit?
Yes, the program is definitely legit. In fact, it is pretty comprehensive for its price. I have reviewed a lot of training programs in the past, and most of them usually cost thousands of dollars.
What I like about Loan Signing System is that you will be interacting with Mark directly. You need not pay premium prices just to get to talk to him. He seems to know his way around the business too.
I guess this program can help you with being a loan signing agent. After all, it is recommended that you enroll in a course if you have no prior knowledge of the business. This course can be a good fit for your needs.
However, if you are not yet 100% that you want to be a loan signing agent, then maybe the basics course would suffice. Or better yet, you can always find some good information from free resources online.
Final Verdict – Loan Signing System
Before I end this Loan Signing System review, I would like to share a few more insights that could help you.
If you are interested with this kind of business, then I think that Loan Signing System is the course for you. On the other hand, you can probably tell by now just how tedious of a side hustle this could be.
If you are a complete newbie with no knowledge of this business, it could be pretty tough. After all, a course can only show you so much. It may not really be able to address your concerns.
In fact, there are a lot of other side hustles for you to choose from. You can invest in real estate, or build an eCommerce business. If you are short on cash for these ventures, then you can always apply for a business loan. Remember to watch your credit score, though.
If you ask me though, I suggest a better opportunity. Something easier to understand and master. Something that would not require so much money from you at the start.
I have the details about that opportunity in the next page, so click the link below to know more!