In the world of real estate and mortgage transactions, the term “Fidelity Approved” carries significant weight. It represents a coveted status that notary signing agents aspire to achieve. But what exactly does it mean, and how can you become Fidelity Approved? In this comprehensive guide, we’ll delve into the details, shedding light on this prestigious designation.
What is Fidelity Approved?
“Fidelity Approved” is a distinction granted by Fidelity National Financial, a leading provider of title insurance, mortgage, and transaction services. Fidelity National Financial is a powerhouse in the real estate and financial industries, known for its commitment to excellence, accuracy, and security in transactions.
When a notary signing agent is “Fidelity Approved,” it signifies that they have met stringent criteria and have been thoroughly vetted by Fidelity National Financial. This designation serves as a seal of approval, indicating that the notary signing agent is qualified, experienced, and trusted to facilitate mortgage closings and notarize documents for Fidelity National Financial clients.
Here’s why being Fidelity Approved is a significant achievement:
1. Trust and Reliability: Fidelity National Financial places immense trust in Fidelity Approved notaries. They have confidence that these agents will uphold the highest standards of professionalism and accuracy in every transaction.
2. Access to Premium Assignments: Being Fidelity Approved opens doors to a wide array of premium notary assignments. It’s a testament to your expertise and makes you a preferred choice for Fidelity National Financial clients.
3. Enhanced Reputation: The Fidelity Approved designation enhances your professional reputation. Clients recognize it as a mark of excellence and reliability.
What You Need to Become Fidelity Approved
Now that you understand the significance of Fidelity Approved, let’s explore the steps and qualifications required to attain this prestigious designation:
1. Notary Commission: To be eligible for Fidelity Approved status, you must first be a commissioned notary public in your state. This involves meeting your state’s specific requirements, which typically include passing an exam, undergoing a background check, and taking an oath of office.
2. Experience Matters: Fidelity National Financial values experience. Typically, you should have a minimum of two years of notary signing agent experience, including experience in mortgage loan closings.
3. Errors and Omissions Insurance: It’s crucial to carry Errors and Omissions (E&O) insurance coverage. This insurance protects you and your clients in case of any errors or omissions during the notarization process.
4. Background Check: Fidelity National Financial conducts a thorough background check to ensure that you have a clean criminal record. This is a crucial step to maintain the trust and security of the transactions you’ll be handling.
5. Training and Certification: Fidelity National Financial may require you to complete specific training and certification programs to ensure that you are well-versed in their processes and requirements.
6. Electronic Notarization (RON): Given the increasing adoption of Remote Online Notarization (RON), having RON capabilities is becoming more critical. Familiarize yourself with RON platforms and technologies.
7. Commitment to Excellence: Demonstrating a commitment to excellence in every transaction is vital. Clients should consistently receive accurate and professional services from you.
8. Application Process: To become Fidelity Approved, you’ll need to complete an application process through Fidelity National Financial. This process typically involves submitting documentation of your qualifications, undergoing their vetting procedures, and possibly an interview.
Benefits of Being Fidelity Approved
Achieving Fidelity Approved status comes with a host of benefits:
1. Increased Business: You’ll have access to a broader range of assignments and a larger client base, ultimately boosting your income.
2. Credibility: The Fidelity Approved designation adds credibility to your profile, making you a preferred choice for clients seeking assurance in their notary signing agents.
3. Professional Development: The rigorous qualification process can be a valuable learning experience, helping you sharpen your skills and knowledge.
4. Networking Opportunities: Being part of the Fidelity Approved network allows you to connect with other experienced professionals in the industry.
Conclusion
The journey to becoming Fidelity Approved requires dedication, professionalism, and a commitment to excellence. However, the rewards are substantial. As a Fidelity Approved notary signing agent, you’ll enjoy increased business opportunities, enhanced credibility, and access to a network of industry professionals. So, if you’re aiming to excel in the world of real estate and mortgage transactions, aspire to attain the coveted Fidelity Approved status, and open doors to a world of possibilities in the industry.
