What Is Loan Signing Modification

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Subject: What Is a Loan Modification? (And How You Can Learn More!)

Hey Notary Fam,

Have you ever been asked to assist with a loan modification but weren’t sure what that meant? You're not alone—and today, we're clearing that up!

A loan modification is a change made to the original terms of a borrower’s loan, typically due to financial hardship. Instead of refinancing, the lender agrees to adjust the loan’s terms—such as lowering the interest rate, extending the repayment period, or even reducing the principal balance—to make the loan more affordable for the homeowner.

As notary signing agents, we may be called upon to witness or notarize these documents. Understanding what a loan modification entails (and how it differs from a full refinance or purchase closing) is KEY to building confidence and avoiding mistakes at the signing table.

📺 Want to learn more? I’ve got you covered!
Catch the replay of my recent YouTube Live, which I broke down in a simple, easy-to-understand way. 

https://youtube.com/live/qff6-_pRBuU

  • What a loan modification is

  • What documents are typically included

  • What your role is as a notary signing agent

  • Red flags to watch for

  • And tips to handle these signings like a pro!

🎥 Watch the YouTube Live Replay here:
https://youtube.com/live/qff6-_pRBuU

📚 Ready to level up your signing game?
Be sure to grab a copy of my brand-new book:
“Become A Notary Signing Agent: It’s Not That Complicated – Loan Signing Edition.”
This guide walks you through loan signings step-by-step, including modifications, refinances, purchases, and more. Whether you’re new or seasoned, it’s packed with tips to help you succeed!

👉 Get your copy here: https://amzn.to/4lwGglz

Let’s keep growing, learning, and thriving together in this notary business. You've got this—and I’ve got you!

To your success,
Kimmi
Notary Life with Kimmi
📌https://notaryeducatorsllc.com/home

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