Complaint / Review
Signature Capital - Jerry Morris
Jerry Morris Real Estate Fraud, Forgery, Illegal Loans. Sign papers for a fixed home loan, get an ARM Through Forgery

I signed paperwork for a 30-year fixed home loan but got an ARM loan. Jerry Morris, an agent with Signature Capital, took the signature page from a 30-year fixed loan and attached it to the back of an ARM with prepayment penalties and ballooning interest on a second mortgage. He did this by forging the notary, the same notary that works with Signature Capital and handles all the business of the company for all its agents. This was forged because I never went to Riverside County to see this notary. Then, he sent my loan through the process as an ARM instead of a fixed so he would get a larger commission from the banks.

A few months after closing on the new home, I got our loan documents from the bank that were very different than the ones I signed with Morris. I filed a complaint with the District Attorney but was outside of the statute of limitations to file criminal charges against Morris.

Bottom line, I know many other people he did this to and the evidence suggests his broker, Signature Capital, was aware of his activities. Stay away from this company and this individual as there was no way I could have avoided this and the same can happen to anyone else. I hear Morris has opened a business in Victorville and is continuing to operate as a real estate agent and loan agent. Morris was unemployed for several years after the housing market has crashed but has since found a new market unaware of his fraudulent business practices and illegal activity. Don't do business with Jerry Morris or Signature Capital!