Is Being a Notary a Good Side Job?

If you’re looking for a way to make extra money while staying home, becoming a notary public may be just what you need. The job can be incredibly flexible, and it doesn’t require any experience or degrees.

Whether you’re new to the industry or you’ve been working as a notary for years, there are a few things to consider before you start earning money as a notary. First, you’ll need to make sure that your state allows you to become a notary and that you’re properly licensed. You can also check to see if you’ll have any fees associated with being a notary.

Aside from notarizations, you can also provide other services as a notary. These include recording documents in a journal, witnessing the signing of a deed or other type of document and administering oaths of office.

You can choose to notarize documents at your home, or you can take the mobile route and go directly to clients’ homes. This allows you to meet more people and expand your reach, and it can lead to more business for your side hustle.

The key to making the most money as a notary is to charge the proper fees, according to your state’s laws and regulations. This can include a travel fee when you go to a client’s home, or other business service fees if you agree to them with the client before you begin the notarization process.

One of the most popular ways to earn extra income as a notary is by becoming a loan signing agent. These are notary publics who meet with borrowers and walk them through the process of signing their mortgage or refinance paperwork.

They’re responsible for identifying the borrower, getting the documents signed and then sending them off to the lender. The process takes about an hour and they can make between $75 and $200 per appointment.

Another option is to become a remote online notary, which is a great way to make extra money on the side without committing to one location. You can do this work from home on any internet-connected device, including laptops and tablets.

You can set your own schedule and work as much or as little as you want, and the income from this is typically less than what you would make at a traditional notary office. You can also deduct your mileage on taxes if you keep it separate from any personal trips you take, which is helpful for those who want to minimize their tax burden.

Becoming a loan signing agent is one of the most profitable and easy side jobs you can get as a notary, and it’s a great option for those who aren’t interested in getting out in the field or driving from one client to another.

To get started, you’ll need to register as a notary public and pay for your registration fee, a surety bond and a notary stamp. Once you’re registered, you can then begin searching for loan closing businesses and contacting them to get your first job.