Make $100,000 a Year as a Loan Signer!

This claim made the loan signing industry boom a few years back. People were eager to jump on this "get-rich-quick" program by setting your own hours and only working a few hours a day. People quickly realized how difficult it is to gross $100k as a loan signer, let alone net that amount.

Assuming you work 5 days a week and take a 2 week vacation and make an average of $100.00 per loan signing, you would need to have 2.667 loan signing assignments PER DAY to GROSS $100k per year. If you factor in printing costs, gas, wear and tear on your car, your NET gets down closer to $50,000. It is still a respectable amount of money, but most notaries are lucky to get 3 assignments per week, let alone one day.

This is not meant to discourage you, only to show you how it is neither easy nor automatic. Real Estate agents can make $1,000,000 a year, but they probably do not do so in the first year! Any business takes time. Have patience, build your business steadily and you will be able to have steady work. Eventually, you may make more than $100k or realize it is just too much work and move on to the next late night get-rich-quick scheme.