Question Notes
[Pages:4]Learner: Hailey M Edmonson
Test Name
Score Result
2020 Notary Signing Agent Certification Exam
36.0 of 45.0 (80.00%)
Passed
Question Result / Notes
Completion Date Timespent
Order
Name
Score
1
Select the best answer: A Notary Signing 1.0
Agent has been providing signing services
with no incidents for over 10 years without
having undergone a background screening.
Therefore he or she:
2
Select the best answer: A Notary Signing 1.0
Agent with nearly 10 years experience has
reviewed and is completely familiar with all
the documents in a loan package. When
meeting with the borrower, the Notary
Signing Agent may now:
3
Select the best answer: Why should a
0.0
Notary Signing Agent learn about all the
closing documents in a loan package if they
are not allowed to provide advice or
counsel?
4
Select the best answer: A Notary Signing 1.0
Agent consistently follows the practice of
obtaining borrowers' thumbprints in his or
her journal, but is commissioned in a state
that does not require journal thumbprints. A
borrower has complied with all other
notarization requirements, but objects to
leaving her thumbprint in the journal. What
should the Notary Signing Agent do?
5
Select the best answer: The Notarial
1.0
Evidence Form is completed by:
6
Select the best answer: Notarial certificates 1.0
on loan documents:
7
Select the best answer: During a signing 0.0
appointment, a borrower asks the Notary
Signing Agent if his loan rate is competitive.
How should the NSA respond?
8
Select the best answer: A Notary Signing 1.0
Agent regularly records all notarial acts
performed at a closing in a journal. This is
considered:
9
Select the best answer: A borrower
1.0
expresses a reluctance to continue signing
documents. The Notary Signing Agent may:
10 Select the best answer: A borrower
1.0
expresses concern that once he signs all
the documents he will be "stuck" with a
second mortgage. A good response by a
Notary Signing Agent could be to:
11 Select the best answer: Explaining to a
1.0
borrower the fees that make up the Annual
Percentage Rate (APR) of a borrower's loan
is:
Question Notes
Printed on: 12/24/2020
2020-12-24T13:25:12 00:50:35
Notes
Order
Name
Score
12 Select the best answer: A borrower
0.0
questions the amount of the "Notary/Signing
Fee" appearing on the settlement statement.
The Notary Signing Agent should:
13 Select the best answer: The best way to 1.0 address a borrower's questions that the Notary Signing Agent is not allowed to answer, is to
14 Select the best answer: One of the parties 1.0 at a signing appointment asks a question regarding their first payment due. How should the Notary Signing Agent respond?
15 Select the best answer: A borrower asks the 1.0 Notary Signing Agent for the contact information for the closing agent and the lender's representative. The Notary Signing Agent should respond by:
16 Select the best answer: A Notary Signing 1.0 Agent is asked to describe several of the loan terms at a signing appointment. The Notary Signing Agent may:
17 Select the best answer: If during the signing 0.0 appointment the borrower divulges that the property being financed is an investment property, while the loan papers indicate it is for a primary residence, the Notary Signing Agent should:
18 Select the best answer: The Notary Signing 1.0 Agent has commenced a loan signing with a borrower and the borrower's mortgage broker. The mortgage broker asks to speak in private with the borrower for a few minutes. The Notary Signing Agent returns to find the mortgage broker alone and all the documents signed. The Notary Signing Agent should:
19 Select the best answer: If the
0.0
Mortgage/Deed of Trust contains the phrase
"See Exhibit A" in the section of the
document containing the property's legal
description:
20 Select the best answer: Acme Direct
0.0
Funding's loan package contains an
additional acknowledgment certificate with
instructions for the Notary Signing Agent to
sign and affix a seal impression and return
the certificate with the completed
documents. Which of the following is the
best course of action for the agent to take?
21 Select the best answer: The lender's
0.0
representative calls the Notary Signing
Agent prior to an assignment that afternoon
to inform the agent that the borrower will be
represented by an attorney in fact. This is
considered:
22 Select the best answer: A borrower has
1.0
asked the Notary Signing Agent to email
him copies of the loan documents. How
should the NSA respond?
23 Select the best answer: Which of the
1.0
following parties is permitted to view all
entries in the Notary Signing Agent Notary
journal?
Question Notes
Printed on: 12/24/2020 Notes
Order
Name
Score
24 Select the best answer: A Notary Signing 1.0 Agent is running behind schedule and does not want to be late for an assignment. The agent's spouse volunteers to download and print the copies of the closing documents. How should the Notary Signing Agent respond?
25 Select the best answer: A Notary Signing 1.0 Agent shows up to an assignment only to discover it has been rescheduled at the last minute for the following day. What is the agent required to do with the documents?
26 Select the best answer: The SPW's Code of 1.0 Conduct strictly prohibits Notary Signing Agents from:
27 Select the best answer: While on the way to 1.0 a signing appointment, a Notary Signing Agent realizes that the location is outside his normal territory and he should have negotiated a higher travel fee. The most appropriate action the NSA should take is to:
28 Select the best answer: A Notary Signing 0.0 Agent wants to stand out from other NSAs by guaranteeing to borrowers and contracting companies that all of her loan signings will take 30 minutes or less. This is:
29 Select the best answer: A Notary Signing 1.0 Agent decides to expand his business by offering new services. With respect to advertising, the NSA should avoid:
30 Select the best answer: A Notary Signing 1.0 Agent creates a new advertisement on Yelp that uses the phrase "On time 24/7." Is this allowed?
31 Select the best answer: Appropriate attire to 1.0 wear at a loan signing assignment is determined by:
32 Select the best answer: Upon arrival to meet 1.0 the borrower for a signing appointment, a Notary Signing Agent must present a:
33 Select the best answer: A Notary Signing 1.0 Agent and a borrower have finished signing documents and all that is left to wrap-up the appointment is to check the documents for errors, but the NSA is already late for the next appointment. What should the Signing Agent do next?
34 Select the best answer: When should the 1.0 Signing agent determine if the date and time of the signing appointment are set and ask about any additional stipulations?
35 Select the best answer: When confirming an 1.0 appointment to sign documents with a borrower, the Notary Signing Agent should:
36 Select the best answer: The contracting 1.0 company sends instructions to an NSA before the agent's first assignment. It details a dress code the agent will be required to follow when working for the company. The best response for the agent would be to:
Question Notes
Printed on: 12/24/2020 Notes
Order
Name
Score
37 Select the best answer: A signer indicates 0.0 the address stated in the closing documents is incorrect. The lender's representative confirms the mistaken address in the documents and authorizes the signer to correct the address. Based on this confirmation, the agent may:
38 Select the best answer: Which of the
1.0
following documents contain both the
monthly payment amount and a breakdown
of principal, interest, taxes and insurance?
39 Select the best answer: Which document 1.0 represents the borrower's promise to repay the loan?
40 Select the best answer: Which document 1.0 authorizes the lender to obtain copies of the borrower's tax returns?
41 Select the best answer: The final printed 1.0 version of the Loan Application is referred to as the:
42 Select the best answer: The Notice of a
1.0
Right to Cancel Form is the borrowers
notice of the right to cancel the transaction
within:
43 Select the best answer: Which document 1.0 must the borrower receive at least three days before the signing appointment?
44 Select the best answer: Which type of loan 1.0 will use a HUD-1 in place of a Closing Disclosure?
45 Select the best answer: Providing and
1.0
recording documents are performed by:
Question Notes
Printed on: 12/24/2020 Notes
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