You may have come here because you heard about the opportunity to work as a loan signing agent.
And you’ve heard that Mark Willis’ Loan Signing System is one of the best training courses to start with, whether you’re a newbie or an expert.
In this review, you’ll learn whether becoming a loan signing agent is the right business for you and, most importantly, whether Loan Signing System is legit or a scam.
Alright, so Loan Signing System doesn’t exactly fit into a nice category.
At the end of the day, being a loan signing agent is a… unique way to think about making money.
It’s certainly possible to make money with off-the-wall businesses like this, but unless you’re interested in taking years out of your life to experiment with an unproven business model, I would look elsewhere.
My #1 personal recommendation if we’re talking about starting a fully-online business has got to be the Lead Generation & Ad Agency business models.
There are a handful of programs that teach you the ropes, but my #1 choice that combines both of those business models into one is the Digital Rental Method program
But, if you’re hard-pressed to jump head-first into an off-the-wall business model, let’s continue to my full breakdown of Loan Signing System.
Overview Of The Loan Signing System (LSS)
The Loan Signing System was created by Mark Willis.
He is one of the country’s highest-paid loan signing agents.
He is the ideal guy to learn from because of his degree of skill and accomplishment.
Throughout his career as a loan signing agent, Mark has completed over 100,000 loan signings.
He has learned everything you need to know about the loan signing industry so you can get started quickly and easily.
He understands the process’s complexities as well as the pitfalls to avoid.
For nearly 20 years, he has been gaining knowledge and expertise to become a top-earning agent.
With this background, you can be confident in his training course and assured that you could replicate his success with your own loan signing business.
He is also the best-selling author of “The Best-Kept Real Estate Secret – How To Become A Successful Notary Loan Signing Agent,” a book about loan signing and the notary business.
What Is Loan Signing System (LSS)?
The Loan Signing System (LSS), founded and built by Mark Willis, is one of the best loan signing agent training programs available today.
It provides three courses:
- Fundamental
- Professional
- Six-Figures
In fact, many students rate LSS as excellent.
Its training content has helped many people develop a successful loan signing business.
You might earn $75 to $200 for every LSS signing appointment.
To become a high-earning loan signing agent, you must first master the basics.
Here are the 9 steps to becoming a successful agent and how LSS can help you.
It is divided into two phases:
- Phase I: Getting Started With The Basics
- Phase II: Scaling Your Loan Signing Business
Phase I: Getting Started With The Basics
1) Get Your State’s Notary Commission.
The first step in your loan signing journey is obtaining a valid notary license, also known as commission.
One of the best things about being a notary public loan signing agent is that there is no requirement for a college diploma or prior experience.
All you need is a state-issued notary commission or license. The qualifications for licensure vary by state, and some states do not require one. All you have to do is fill out an application.
2) Learn How To Confidently Do Basic Signing.
The next step is to make sure you can confidently do a proper loan signing.
And the Loan Signing System training will walk you through every step of the way.
While flipping through its 130-page loan documentation, LSS will give you step-by-step instructions.
3) Find Work By Getting Included In Every Notary Loan Signing Agent Database.
Sign up with a signature service provider, such as Signing Services, which offers pre-scheduled loan signing appointments for $75 to $100 each signing.
The LSS online course will lead you through the various databases in the business that you may register for and show you step by step how to create a profile or account.
4) Get Certified As A Signing Agent, Then Get More Practice.
After you’ve signed up with a signing service company, you must obtain certification as a notary loan signing agent.
You will be able to position yourself as someone who has a foundation grasp of the sector if you have the right certification, which will increase your chances of gaining more notary signing agent jobs.
For all three LSS courses, LSS certification may give you the latest, most comprehensive certification available.
Phase II: Scaling Your Loan Signing Business
5)Learn How To Sign A Loan To Escrow Standards.
As a loan signing agent, you must check that the loan paperwork meets escrow standards.
It can put you two steps ahead of other loan signing agents, leading to more return clients.
LSS tells you how to ensure the borrower completes all documents required by escrow.
6) Learn How To Pack Loan Documents.
Packaging loan paperwork simply means sorting it so that the lender, title, and escrow get their needed documents.
You can be the preferred escrow agent by mastering this skill. Unfortunately, not all agents can properly package documents. In fact, barely 10% of them can.
You may rest assured that you’re in good hands because the LSS course is today’s primary training provider for proper loan document packaging.
7) Inquire With Mortgage Professionals About Loan Signing Jobs.
Escrow officials, real estate brokers, and loan officers decide who gets loan signing appointments.
So knowing how to speak to a mortgage professional can get you loan signing gigs.
A complete script is provided in the LSS training course that Mark Wills uses to obtain roughly 5,000 loan signatures per year.
8) Establish Relationships With 2-5 Escrow Officers.
Most people claim you need around 20 escrow officers to make a living as a loan signing agent.
But, depending on your circle, it may be a few.
You will be trained by actual escrow officers and real estate brokers in the LSS course.
This gives you a competitive advantage over your competitors because you will learn straight from these mortgage experts.
Not all notary signing agents get this opportunity.
9) Set A Financial Goal For Yourself.
After learning how to conduct escrow-approved loan signings and loan document packaging, the last step is to determine your annual income goals.
The LSS training course also offers a monthly mentorship exclusively for notaries seeking success.
LSS Training Programs
The LSS training is divided into three levels. They are as follows:
- Fundamental 2.0
- Professional 2.0
- Six-Figure 2.0
1. Fundamental 2.0
- Training on all five types of closings, including paperwork (fixed rate, adjustable rate, HELOC, reverse mortgage, and seller package).
- How to sign a loan within an hour.
- How to get loan signing jobs without selling.
- A loan signing video lesson.
- Training: The fundamentals of finding jobs directly from escrow officers.
- It costs $197.
2. Professional 2.0
- 120-day training and mentoring to become a successful loan signing agent.
- In-depth training for securing $125-$200 loan signatures.
- How to increase repeat business by properly packaging loan documents.
- A thorough script for acquiring mortgage signing jobs.
- Live business strategy discussion with Mark.
Professional 2.0 includes the Fundamental Course. This costs $297 one-time. You can also pay in four $78 monthly installments, but this will cost you an extra $15.
3. Six-Figure 2.0
- Experts teach you how to start a business that makes six figures.
- Six months of Mark live sessions.
- Training from actual escrow officers, real estate agents, and mortgage officers.
- Detailed scripts for signing jobs from escrow officers, realtors, and mortgage officers.
- Advanced training: A look at the loan signing industry.
Most people choose this option because it covers all of the previous two courses’ topics. It costs $497. You may pay it in six $88 monthly installments, but it will cost you an extra $31.
Additional Information About Loan Signing System Courses
The Loan Signing System course is 8 hours long. In addition, students must complete 5-6 hours of additional training within a week.
But you can train on your own schedule.
Investing 30 minutes or more every day can help you apply what you learn to your business.
They all have a 30-day money-back guarantee.
Other Benefits of Attending the LSS Courses
When you take the LSS course, you will gain access to the following discounts:
- Discount of more than 50% on NNA Notary Essentials Training
- Get a 50%+ discount on NNA membership and access to the support hotline for the first year.
- Accounting Software from NotaryGadget is available for a free trial.
The National Notary Association (NNA) is a notary trade association.
You might be wondering how NNA training differs from LSS training.
From what I gather, Mark Will’s Loan Signing System covers more practical business procedures, whereas the NNA course focuses on notary laws and regulations.
These are great resources for growing your notary signing business.
Most signing agents I know have done both.
If you wish to accomplish that, take the LSS training first to save money on the NNA training.
How Are The Loan Signing System Training Course Ratings?
According to their website, over 1000 students gave their LSS training classes an A+.
But anyone may brag about their company, so I researched and discovered this.
Unlike other companies that still receive negative comments despite its success, LSS has not yet received any.
As of current, the LSS training course has received zero complaints out of 166 reviews on BBB.
Is The Loan Signing System Legit Or A Scam?
Time for the $1,000,000 question: is Loan Signing System actually a scam?
I wouldn’t technically call it a scam, though others might.
It’s technically possible to make money with this program, so in that sense, it isn’t a scam.
After buying, I’m saying that someone will send you a login to a website where you can actually view their material. No one is riding off into the sunset with your money, leaving you empty-handed… technically speaking.
But the second, more important question is: is Loan Signing System actually worth the investment?
My honest answer is that for most people out there, probably not.
Countless other business models are proven & easily scalable, so why risk it for… not an incredibly huge payoff?
I’d rather have a program with thousands of successful students & plenty of room for others to join.
If you’ve followed my blog for long, you know I recommend a few different programs depending on your skills & goals.
My current top choice is using the Digital Rental Method because you have a proven, systematic path to 6-figures, and you can do it from anywhere you want.
I’ve got friends in there who are posting deals from the middle of the woods in a camper-van with their pet pig… which is cool.
My Final Thoughts About The LSS Training Courses
To be quite honest, I’ve never come across any other signing agency courses that have received a great deal of positive feedback.
You can tell by reading them that these are genuine testimonials from people who have signed up for the course.
This, in my opinion, demonstrates Mark’s genius and credibility.
But the actual question here is, “Can LSS help you build a long-term profitable business?” or “Is it the ideal business model for 2023?”
It is certainly possible to establish a profitable and successful business… However, there are better ways to start a business than with a Loan Signing System.
What Is My Top Recommendation For Making Money Online In 2023?
Alright, time for me to get real with my lovely readers for a moment:
I’ve personally tried all of the major online business models:
Read Our In Depth Breakdown Of The Top 5 OtherOpp Courses For 2024
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
THAT BEING SAID: I would at least recommend you implement something that is tried and true because I’ve seen TOO MANY people (including friends and family) get burned by stuff like Loan Signing System.
They come out of the left-field with some random idea, make it seem attractive, and then make themselves a quick buck by luring in unsuspecting people.
I’m not saying Loan Signing System itself is a piece of trash; I’m just saying you need to be very, very careful.
This is a big reason I only recommend proven, tried, and true business models, like Lead Generation & Ad Agencies.
There are a bunch of programs out there that teach you those skills, but my top choice is the Digital Rental Method program.
Why? It has proven leaders with their own 7-figure businesses implementing exactly what they teach you.
I’ve also got over a dozen personal friends there, so I feel comfortable telling you it works.
Whether you’re a complete newbie or you’ve been around the block before but have never had that “big win” to propel you forward, their program works.
Here’s Why:
1)Time: You can do this if you’ve got a spare hour or two each day. If you want to drop everything and go all-in, you can do this. More time means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring (for the most part).
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2)Big Margins: With most businesses, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money.
using the Digital Rental Method, your profit margin is nearly 100%. Watch here to learn how.
These Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on “auto-pilot.”
3)It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income by being a loan signing agent, you would need to make as much as loan signings. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
4)You’re Helping REAL People: My biggest gripe with being a loan signing agent is that you’re basically only helping yourself.
But With the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other off-the-wall business models like LSS and maybe hit it big one day.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision ACTUALLY to make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.