A commissioned notary public who facilitates mortgage refinancing closings, acting as an impartial witness to verify identities, oversee signing of legal loan documents (like the Closing Disclosure, mortgage note, deed of trust), and ensure documents are correctly completed and returned, making the process smoother and preventing fraud. Lenders often use these agents, who might be mobile (coming to you) or handle remote online notarization (RON), to manage the complex paperwork, with fees varying by state and service.
What They Do During Refinance Closing
Witness & Verify: Confirm signers’ identities (ID check) and willingness to sign.
Guide Document Signing: Present and explain key documents like the Closing Disclosure, ensuring all pages requiring signatures, dates, or initials are completed correctly.
Check for Errors: Look for missing or incorrect information (names, figures).
Manage Logistics: Collect signed documents and ensure they’re returned to the title/escrow company.
