Want to Become a Notary in California?

Looking to shift gears and change careers?

If you're considering becoming a notary public in California, the following information may be helpful for you.

You've already done the hard part. You're considering shifting gears, or maybe you're interested in a side hustle. You've heard about notary public jobs and being a loan signing agent. It sounds lucrative. It could be.

Costs

Let's talk money, because it's probably the bottom line for a lot of folks. In California, to become a notary public, you must attend a 6-hour training course. Now, this can be done online or in person; it's totally up to you. There are plenty of courses out there. I suggest going to the California Secretary of State's website to choose one from an approved vendor. (Though they may list approved vendors, the SoS does not endorse or recommend one educator over another.) These courses can range from $99 - $200.

Notary exam/application fee costs $40.

Passport photo (2x2 for application) costs $10- $20.

LiveScan fingerprinting and background check costs $70 - $100.

Notary bond (4-year and $15,000) costs $35 - $100.

Notary journal, stamp, and supplies cost $40 - $100.

Errors and Omissions insurance (E and O insurance) costs $30 - $300, depending on coverage. This is optional, but highly encouraged.

Total costs range from $285 - $900. And this is not including the Loan Signing Training and other supplies.

Loan Signing Agent Training and Other Stuff

Loan signing agents can notarize loan documents. They have taken extra training to become certified as a loan signing agent or LSA, which can cost from $100 - $500.

As an LSA, you will need a printer, as much of the work is sent electronically to you to print before your signing appointment. After the appointment, you may have to scan back the signed documents to the lender or escrow service. Laser printers, which are preferred over inkjets, and scanners cost from $200 - $500.

You will also need mobile notary supplies: pens, "sign here flags", folders, binder clips, etc.

You will want a website, business cards, and marketing. These all add up.

The reality of becoming a notary public is that it can cost a lot up front. All of the costs associated are an investment in your new career. The commission for a notary public is good for 4 years. You will have to take a 3-hour course if you want to renew your commission, and you will take the exam again.

My Two Cents

I decided to make this a new career after working for the government for nearly 24 years. It can be very scary and daunting, especially when you're not sure when your next signing will be. But I take it one day at a time. I keep myself motivated by posting on social media and connecting with others. I've joined my local Chamber of Commerce to give myself some exposure as well as to offer services.

If this has not scared you, then you're probably ready to leap. If the costs have made you double-take and think twice about diving into the deep end, take a step back. Re-evaluate. Take a breath. Can you save up the money and do it next year? There will always be a need for notaries. There is no rush for such a big decision.