Become a Mobile Notary and Loan Signing Agent

Notary Money Worksheet

Companion to the lessons "What the Money Actually Looks Like" and "Hard Truths: Rates, Slow Pay, and Slow Months"

1. Per-Job Cost Lines (fee-floor calculator)

Worked example from the course, stated assumptions: a $100 entry-level signing, 20 miles round trip, typical entry-level appointment.

LineWorked exampleYour job
Paper and toner, both borrower and lender copies$8–$12
Miles, 20 round trip at the federal business mileage rate$14.50–$15.20 in 2026 (72.5¢ first half, 76¢ after July)______ mi × ______
Phone, software, E&O insurance, amortizeda few dollars per job
Your time: print, confirm, drive, sign, check, ship, scan2–3 hours
Net cash at a $100 feearound $70, paid a month later

Recompute the mileage line at the current federal rate rather than trusting any course's number. Fee bands from the course's sourced rows: independent signings typically $75–$200; seller packages around $60–$75; home equity around $40–$50; experienced agents with direct title relationships $150–$200. Slow-market forums describe accepted fees sliding toward $60–$80.

2. Walk-Away Fee and Distance Threshold (set on purpose, before the first offer)

NumberYour valueTest
Walk-away feeBelow this, an order costs more in wear and risk than it pays. If paper, toner, and miles make an $80 signing at forty miles a loss, the correct response is a polite decline
Distance thresholdPast this, drive time and fuel eat the margin
Printing cutoffCommunicated when you accept, not gambled

3. General-Lane Travel Fee Schedule (no state ceiling in most places; set by you)

DistancePublished schedule referenceYour fee
Within 5 miles$15
5–10 miles$25
10–20 miles$40
20–30 miles$50
30–40 miles$60
Waiting past two hours (loan signing)$25 per hour

Copy the shape: travel worth about as much as the notarial acts near home, several times the acts far away, waiting time priced once it stops being brief. Hospital, late-night, and after-hours calls carry a premium on top.

4. Cash-Gap Planner (net-30 survival math)

Worked example from the course: twenty signings a month at a $100 average fee. $2,000 gross, $500 in printing, miles, and supplies, $1,500 net, none of it in your bank account for thirty to sixty days, while next month's consumables are bought with this month's money.

LineWorked monthYour month
Signings × average fee20 × $100 = $2,000
Printing, miles, supplies-$500
Net (sitting in receivables)$1,500
Days of invoices aging at any moment30–60
Buffer target: one month of business costs held before going heavy on the loan lane

Defenses: invoice the day of the signing with the required order number; follow up at thirty days, then weekly, politely and relentlessly; keep the receivables ledger; grade payers and drop the sixty-day three-reminder companies when better work appears; bank the general lane's same-day cash to fund the loan lane's float.