Are you wondering how a changing economy
can affect a notary public loan signing agent business?
Well it's simple. In a bad
economy interest rates go down. Lower
interest rates equal more home
refinancings and more home refinancings
mean more loan signing appointments.
Lowering short-term and long-term
interest rates is the government's
primary way to ensure the economy
continues and strengthens through any
downturn or a recession. The lending
industry is one of those unique
industries that the government
prioritizes and is the first to be
strengthened as economy goes south. Why?
Well because the cheaper money is to
borrow the more Americans spend thus
driving our economy upward. The lower
mortgage interest rates are, the more
people will refinance their homes,
lowering their payments, and giving them
extra cash to spend. This gives people
more disposable income to spend on
things like going out to the movies,
buying new cars, spending money at
restaurants, and any other activities
that drive our economy forward.
The federal funds rate directly affects
adjustable rate mortgage rates and could
indirectly benefit fixed-rate mortgages.
And the Federal Reserve recently
announced that the federal funds rate
dropped to essentially zero and
announced a $700 billion dollar
quantitative easing policy. So what could
that mean for you as a notary public loan signing agent? It can mean a lot more
signing opportunities. The last time the
Federal Reserve took this exact approach
was in the Great Recession of 2008. The
following year home loan origination
rose nearly 30 percent or over two
million more home loans were funded.
These policies are specifically designed
to make borrowing money easier and
cheaper. And even before the announcement
that the Fed dropped rates so
drastically there was a 7% increase in
mortgage applications that was reported
by CNBC. I've even read that there are
more loan applications than there are
bank employees to push these record
number of loan applications through.
There will be millions of loan documents
that will need to be signed this year
which means millions of notary signing
jobs to be filled. If you're already a
notary public loan signing agent be prepared
you're gonna be busy. And if you're not a
notary public loan signing agent yet now is the time to get started even if it's just as a backup
career or a way to earn more money part time. 
Notary public loan signing agent are needed now more
than ever. Despite the chaos in the
markets, this is the time to gain your
foothold in the notary public loan signing
agent business and I'm here to help you
be prepared. Use this time to educate
yourself, gain new skills, and have a
competitive advantage as the economy
goes through this cycle. The Loan Signing System
notary public loan signing agent training course
will not only teach you how to complete
a quality loan signing in under an hour,
it will also teach you dozens of new
ways to market your notary public loan signing agent business, get more high paying loan
notary signing jobs, and build a successful
notary public loan signing agent business in
any economy. And of course my training
course comes with personal mentorship
from me. I'll be here with you through
thick and thin educating you as we
navigate this hurdle along with any
others that we may face down the road I
got you. So give this video a thumbs up.
Click the link below to learn more about
the five-star rated Loan Signing System
course and mentorship program. If history
is any indicator, notary public loan signing agents are
about to be really really busy. Click the
link below and I look forward to helping you grow a successful notary public loan signing agent business.
