Planning to secure a loan for your business use or mortgage, engaging a notary ensures you have an unbiased third party to determine and double-check your legal documents for legality and uniformity. The following are the frequently asked questions about notary services:
Who is a Notary?
A notary is a public official appointed by the state government to certify or witness the signing of official documents.
Why Do I Need a Notary When Signing Official Documents?
As a client, you need a notary as you sign your documents to confirm your identity card and compare the signatures that you are signing to the loan documents. Additionally, a notary checks your papers for uniformity.
What Should I Expect When Signing Documents?
When having an appointment with your notary, they will confirm if you know what is happening. Then they will enter your ID information into the notary journal. Using an ink pad, the notary will take the thumbprint of your right thumb. Lastly, the notary will notarize the documents using the handy notary stamp, write the date, sign, and complete all acknowledgments.
Why Do I need to Sign All these Documents?
You need to sign all these documents because any conventional loan or a loan backed by the federal government requires more verification.