Remote Online Notarization And Loan Document Signings
Initially, only Virginia Notaries could only perform remote notarizations. Many experts believed that Virginia Notaries would be able to handle the majority of remote notarizations throughout the country. It turned out, however, that consumers wanted to use remote Notaries from their own states.
Major title underwriters also were reluctant to use out-of-state RON Notaries in those early days, Triola said. As more states start commissioning RON Notaries, that reluctance is dwindling.
Today many lenders are adopting the process because of the convenience to their customers. Notarize requires Signing Agents they work with to be NNA Background screened as we are, and estimates are approximately 87 percent of U.S. recording offices can accept remotely notarized documents for recording.