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Notaries and the Financial World


Notaries are not involved in finance, per se; however, they spend a great deal of their professional time dealing with documents effecting financial transactions. There are different types of notaries out there. Legally, a notary is a notary (nothing more), and they are all commissioned by their respective states. But, the type of work that notaries get involved in can really differ. Some sit in an office all day long and notarize for clients, while others sit in a bank. Others have their commissions, but hardly ever use it.  123notary deals primarily with marketing and educating mobile notaries.

Mobile notaries and financial documents

Mobile notaries make most of their income notarizing loan documents. Refinances, purchases, sales, reverse mortgages, piggy-backs, firsts, seconds, and the list goes on. In America, someone is always borrowing money from someone else. Although, notaries are not responsible for understanding the loan, they should know the basics of how loan documents are put together, and what information is where. Notaries are expressly forbidden from giving specific commentary or explanations about particular loans, but they should be able to identify where the prepayment penalty is, where the APR is, and the payment information. The trick is to be helpful without giving legal advice (unauthorized practice of law). In Georgia and a few other states, non-attorney notaries are forbidden from facilitating the signing of loans all together!

Learning the ropes

Many agencies (including 123notary) have loan signing courses where a notary public can learn the art of signing loans. They can learn in about two weeks of study, and then experience will teach them the rest.


This happens so rarely, it is not worth mentioning except for entertainment purposes. Every once in a while, a notary will go to a loan, talk the borrower out of signing the loan, and offer them an even better loan product. As the manager of a notary directory, if this happens, I generally find out and take action. It is very rare, but makes a good topic for conversation. Once in a while, a notary will give commentary about a loan too.  One notary got in trouble for commenting on how high the APR was, and another notary commented on the cap in an adjustable rate loan. If you hire a notary for a loan signing, avoid the ones who make commentary at all costs. Fortunately, there are very few of them who are like this!

This article was written by Jeremy Belmont who runs a notary blog and a notary directory called If you need a notary, this is a great place to start your search.



My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.

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