Vital Records Applications

There are many Vital Records Applications that need to be notarized. Recently, I had two mobile notary clients who needed their vital records applications notarized.

Application For Certified Copy Of Marriage Record and Application For Certified Copy Of A Birth Record are the names of the Applications that required my notary service. With both of these types of documents the applicant must provide proof of identification in order to prevent fraud. Hence, the need for a notary. The notary journal is filled out according to notary law and procedure and the oath is taken before the notary.

In the State of California, a notary is not able to certify copies of any original vital records. Some examples of vital records are birth, marriage, or death certificates. However, a notary is able certify copies of Powers of Attorney, or if requested by Secretary of State or a court, the Notary’s journal entry.
For notaries residing in other states it is always important to check the notary laws pertaining to your state. Vital Records Applications notary procedure and laws might vary from state to state.

Notice of Right to Cancel

An important loan document on a property that is being refinanced is known as a “Notice of Right to Cancel” or a “Rescission” document. This does not include a rental or a second home purchase. The “Notice of a Right to Cancel” will be included in loan documents on a refinance or home equity lines of credit. Not all mortgage transactions have the right of rescission. A transaction with the existing lender, a state agency mortgage, a mortgage on a second home or investment property will not include this document.

It is critical that this form be filled out correctly. Any mistake made on the rescission date can cause a delay in the funding of the loan. A couple of important things to know about the “Notice of Right to Cancel” are:
The rescission period begins three days from the day the borrower signs their loan documents. This does not include Sundays or Federal holidays. Also, should the last day of the right to cancel need to be changed, the borrower must cross it out and initial the new date in their writing only. The loan signing agent cannot do this for them. On the “Notice of Right to Cancel” form or Rescission” form the date needs to be written very clearly and neatly. If the lender cannot read the dates this could affect the timing of the loan closing.

I always carry a Rescission Calendar in my briefcase. I like to have an accurate guide to determine the exact dates of the rescission period of the loan. This provides a sure-fire way to know all the Federal holidays and will ensure the borrower will have the right date for the Notice of Right to Cancel form.

Jail and Prison Mobile Notary

I am often asked as a Mobile Notary if I go to jails or prisons. This is a Mobile Notary service that I am more than happy to provide.

There are many jails and prisons that I provide Mobile Notary service to: Twin Towers in Los Angeles, Pitches Detention Center in Castaic, Ventura County Pretrial Detention, to name a few. Often a parent, spouse, finance, friend, or loved one is also needed for the Mobile Notary for the person who is incarnated.

I recently had an old neighbor who was in a bind request a jail Mobile Notary. She needed a Power of Attorney and a Special Power of Attorney regarding the inmate’s real estate notarized. The inmate was in the Ventura County Pretrial Detention Jail. She was very eager to have the documents notarized due to the sale of property and being in need to handle the inmate’s finances. When I completed the Mobile Notary, she was so thankful to me because she was able to handle the inmate’s personal affairs.

§ One of the types of services I offer are Jail and Prison Notarizations. I notarize papers for inmates at all jails, prisons and detention facilities in many service areas in the San Fernando Valley, Simi Valley and Los Angeles areas.

§ I notarize various types of documents including power of attorney (POA’s), Inability to Appear, Deeds of Trust, and Letters of Permission.

§ Many detention facilities provide professional viewing hours to your notary Monday-Sunday. The vast majority of the time, the signing of the document can be finished in an hour or less, however, sometimes the appointment may take longer. This is never a problem when serving the client.

The Importance of An Experienced Mobile Notary

Recently, one of my regular mobile notary clients mentioned he felt the role of a mobile notary was a commodity. Although, he expressed his appreciation for my experience and expertise, he thought the general consensus was anyone can stamp a document that requires a notary seal.

The father of the client asked me how I felt about a mobile notary being a commodity and if I felt that experience plays a role when people are looking for a mobile notary. My answer was, YES!

Often a client who needs a mobile notary for a Power of Attorney for a parent who is sick and ailing will seek someone such as myself who has many years of experience handling this type of mobile notary. The client usually will read my reviews and inquire about my experience with the Power of Attorney or the Advance Health Care Directive. It is of grave importance to the client that the person who is signing the Power of Attorney is handled with special care and that the form is filled out and notarized properly. There are also specific notary laws that pertain to this type of notary that must be followed. As an example, a client will often ask the mobile notary to provide the Power of Attorney form. Acting in the role of a mobile notary and not an attorney, this is considered unlawful practice of law. There are a multitude of Power of Attorney documents with which only an attorney would be familiar. I would not want to give a client the wrong type of Power of Attorney. However, I will refer them to Legal Zoom or Goggle where they can look for a Power of Attorney or to seek an attorney to create one for their specific needs.

The above information has been obtained through 17 years of mobile notary experience. I am so happy and grateful to my clients for allowing me to serve them and gain this valuable experience.

Acceptable Forms of Identification When Performing Notary Service

In the State of California there are very specific laws pertaining to acceptable forms of identification when performing notary service. As a mobile notary this information is very valuable.

The following are acceptable forms of identification when performing notary service.
· State-issued driver’s license
· State-issued identification card
· U.S. military identification card
· Resident alien identification card (green card)
· U.S. passport

The following are unacceptable forms of identification when performing notary service.
· Birth certificates
· Social Security cards
· School identification cards
· Credit cards
· Debit cards
· Costco Cards

An expired state-issued identification card is acceptable as long as the expiration is within five years. However, when performing a loan signing, an expired identification card or driver’s license is not accepted.
It is very important to thoroughly check the photo on the ID. Also look for any discrepancies such misspelled words, numbers or information placed in the wrong places on the ID card. When receiving a state-issued identification or state-issued drivers license from another state it is very important to thoroughly scan the ID. Often Notaries do not have familiarity with identification from other states and therefore might not be able to detect a fraudulent ID and signer.

A notary should be familiar with the acceptable and non-acceptable forms of identification in order to prevent any fraudulent notary activity. Also, knowing what types of identification are acceptable before the appointment is set can streamline the notary process and make everything run smoothly.

Mobile Notary Locations

In my seventeen years of providing mobile notary services, I have had an opportunity to go to many locations and places!
As a Mobile Notary and Loan Signing Agent, I will travel to wherever the client needs me. I often go to offices and places of business, being that working professionals are unable to leave their location. One day I entered into a studio design company in which the signer had just won an Oscar for costume design! I had the pleasure of notarizing his documents, then got a personal tour of his artwork that had appeared in multiple movies.

At another mobile notary location, I walked into the company office and there were giant statues of apes and dragons everywhere. The signer of the documents was a famous special effects designer from Japan. Not only did I have an opportunity to notarize his business documents, he spoke with me about his life, and how he built his company.

As a mobile notary, I often go to nursing homes and hospitals. People in hospitals often need a Power of Attorney or an Advanced Health Care Directive notarized. Whenever I have to travel to such locations, I always make it a point to make the signer of the documents and family members feel comfortable and relaxed, given the situation at hand.

Often people who are in jail or prison will need their documents notarized. My role as a mobile notary is vital in these types of situations. People in jails or prisons often need a Power of Attorney or forms pertaining to marriage when incarcerated notarized.

One holiday season, the signers requested that I meet them at the mall to sign the loan documents. So in between their holiday shopping I notarized their loan documents. It was a beautiful atmosphere to notarize escrow documents.
As a mobile notary, I’m happy to come to your location, wherever that might be.

Reverse Mortgage

In my Mobile Notary and Loan Signing business I often come across various types of loans. A reverse mortgage, also known as the home equity conversion mortgage (HECM) is available for homeowners 62 or older. These types of homeowners have accumulated home equity and want to use this to supplement retirement income. Unlike a conventional mortgage, there are no monthly mortgage payments to make. However, the borrowers are still responsible for paying taxes and insurance on the property and must continue to use the property as a primary residence for the life of the loan.

Some basic information and facts about reverse mortgages are: A reverse mortgage is a loan made by a lender to a homeowner using the home as security or collateral. With a traditional mortgage, the homeowner uses their income to pay down the debt over time. However, with a reverse mortgage the loan balance grows over time because the homeowner is not making monthly mortgage payments.

A reverse mortgage loan typically does not require repayment for as long as the borrower(s) continues to live in the home as the primary residence, pays property taxes and insurance, and maintains the home according to the Federal Housing Administration (FHA) requirements, or until the last homeowner has passed away or has moved out of the property. The amount of equity you can access with a reverse mortgage is determined by the age of the youngest borrower, current interest rates, and the value of the home.

One of the best features of the HECM program is that borrowers are given a great deal of flexibility in how they receive the proceeds of the reverse mortgage. There are many options one can utilize regarding their proceeds.
One can withdraw a lump sum of cash when the loan closes. One can receive a monthly annuity for as long as the borrower lives in the house. One can be eligible to receive a monthly annuity for a set period of time that is chosen by the borrower. Another option is the borrower can take out a credit line that will grow with time and can be used when the borrower would like.

“The above information came from https://reversemortgagealert.org/introduction.”

Out-of-State Loan Signing Documents

In my Mobile Notary and Loan Signing business I often come across loan documents from out of state. Recently, my Loan Signing Services were requested on loan documents that originated from South Carolina.

The signers were very nervous about the documents and were under a time crunch to sign everything. When one of the signers called and needed my loan signing services, she contacted me because she wanted someone who had experience with out-of-state loan documents. I was able to reassure her that I would be able to guide her through the documents and the loan signing would be done properly and on time.

While performing the loan signing I came across many documents that differ greatly from California documents. While notarizing the documents I will always triple check my work. If I ever have a question I will contact the Lender or the Escrow Officer. Due to the fact that loan documents are of a time-sensitive nature and documents must be perfect so that the County Recorder can record the documents on time, it is imperative that no mistakes are made.

While performing the loan signing, there was a document that I had never seen! The signers had to call the Escrow company with a question and I took the opportunity to get any questions that I needed answered regarding the loan documents. Boy, was I glad that I asked my question. It turned out, that the Escrow and Title company wanted their out-of-state documents sealed and notarized and also a California Acknowledgement or California Jurat notarized and attached to the loan document. This procedure is not a common practice for loan signing agents in California. If the loan document is from another state and doesn’t have proper notarial verbiage, a California Acknowledgment or Jurat must always be attached. The original document would not need to be notarized. However, the Title and Escrow company in South Carolina had different requirements. I followed their notarial requirements and the signers where able to close on time! Off to South Carolina they go!

Information on APR

The Annual Percentage Rate (or APR) is the total rate of interest on your loan amount that you’ll pay annually (averaged over the full term of the loan). APR is the annual cost of a loan to a borrower including fees. APR is expressed as a percentage like simple interest, however, it includes other charges or fees such as, loan origination fees, private mortgage insurance (PMI) most closing costs, discount points, etc.

One might ask what are discount points? Discount points are an upfront fee that you pay to the lender at the time you obtain your loan in order to lower the interest rate over the life of the loan. It is a means of buying down an interest rate on a loan. One Discount Point = 1% of the loan total. For example, One point on a $500,000 loan = $5,000.

Because APR includes fees, it’s a more comprehensive measure than interest rate alone. APR is typically expressed as a percentage of your total loan amount.

That said, your APR might equal your interest rate if your loan doesn’t include any other fees. Origination fees and points are included in the APR. Fees such as Appraisal, Title Insurance, Notary, and Escrow fess are not included in the APR.

Note that penalty fees, such as those for a late payment or a bounced check, are never included in the APR. So, your costs of borrowing could be greater if you fall behind on repaying your loan.

Andrea Augustson
mobilenotarybyandrea@gmail.com
MobileNotaryByAndrea.com

Home Equity Line of Credit-HELOC

As a Mobile Notary and Loan Signing Agent, I come across many types of loans. This blog is written to inform readers about a type of loan known as a Home Equity Line of Credit (HELOC).

A person is able to access the equity in their home and borrow against it. This is done as a line of credit. The lender agrees to lend a maximum amount within an agreed upon period of time. There is a date when the HELOC balance must be paid off.

As you repay your outstanding balance, the amount of available credit is replenished much like a credit card. HELOCs can be interest only through the years of the loan term that the borrower can draw on the line of credit.
HELOCs are convenient for funding intermittent needs, such as paying off credit cards, making home improvements, or paying for college tuition.

Upfront costs are also relatively low. On a $150,000 standard loan, settlement costs may range from $ 2000-$5,000, unless the borrower pays an interest rate high enough for the lender to pay some or all of it. On a $150,000 HELOC, costs seldom exceed $1,000 and in many cases are paid by the lender without a rate adjustment.

Some HELOCs are convertible into fixed-rate loans at the time of a drawing. This is a useful option for borrowers who draw a large amount at one time.
Whatever your Mobile Notary and Loan Signing needs, I am happy to travel to you!

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