`UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington D. C. 20549

                                   FORM 10-QSB

     (X) Quarterly report pursuant to Section 13 or 15(d) of the Securities
                            and Exchange Act of 1934.

               For the quarterly period ended September 30, 2003.

      ( ) Transition report pursuant to Section 13 or 15(d) of the Exchange
           Act for the transition period from _________ to _________.

                        Commission File Number: 333-44586

                           MAXIM MORTGAGE CORPORATION
               (Exact name of registrant as specified in charter)

            DELAWARE                                          58-2565680
(State of or other jurisdiction of                     (IRS Employer I.D. No.)
  incorporation or organization)

                          7740 Roswell Road, Suite 400
                             Atlanta, Georgia 30350
                    (Address of Principal Executive Offices)

                                 (404) 591-0675
              (Registrant's Telephone Number, Including Area Code)

Check whether the registrant: (1) has filed all reports required to be filed by
Section by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days.

YES (x) NO ( )

Indicate the number of shares outstanding of each of the issuer's classes of
stock as of September 30, 2003.

39,811,638 Common Shares

Transitional Small Business Disclosure Format:

                                 YES ( ) NO (x)




                                       1




                           MAXIM MORTGAGE CORPORATION
                              INDEX TO FORM 10-QSB

PART I. FINANCIAL INFORMATION                                            Page

Item 1. Consolidated Financial Statements (unaudited)

   Consolidated Balance Sheets as of September 30, 2003 and
    December 31, 2002                                                      3

   Consolidated Statements of Operations for the three and
    nine months ended September 30, 2003 and 2002                          4

   Consolidated Statement of Stockholders' Equity for the nine
    months ended September 30, 2003                                        5

   Consolidated Statements of Cash Flows for the nine months
    ended September 30, 2003 and 2002                                      6

   Notes to Consolidated Financial Statements                              7

Item 2. Management's Discussion and Analysis of Financial Condition
and Results of Operations (including cautionary statement)                 10

Item 3. Controls and Procedures                                            11

PART II. OTHER INFORMATION

Item 1. Legal Proceedings                                                  12

Item 2. Changes in Securities                                              12

Item 3. Defaults Upon Senior Securities                                    12

Item 4. Submission of Matters to a Vote of Securities Holders              12

Item 5. Other Information                                                  12

Item 6. Exhibits and Reports on Form 8-K                                   12

Signature                                                                  12



                                       2



                           MAXIM MORTGAGE CORPORATION

                           CONSOLIDATED BALANCE SHEETS
________________________________________________________________________________

                                                  September 30,
                                                      2003         December 31,
                             ASSETS                (unaudited)         2002
CURRENT ASSETS:
    Cash and cash equivalents                     $   118,764      $  205,592
    Employee receivable                                     -           5,225 
        Total current assets                          118,764         210,817

Furniture, fixtures and equipment (net of
  accumulated depreciation of $30,062 and
  $14,625, respectively)                               42,423          48,121

Other assets                                           10,609           1,750 

TOTAL                                             $   171,796      $  260,688
                                                  ============     ===========


            LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
  Customer deposits                               $         -      $   17,188
  Accrued and other liabilities                        33,555          63,766 
     Total liabilities                                 33,555          80,954 

STOCKHOLDERS' EQUITY:
  Preferred stock - $0.0001 par value; 5,000,000
   shares authorized; zero shares issued and
   outstanding                                              -               -
  Common stock - $0.0001 par value; 200,000,000
   shares authorized; 39,811,638 shares issued
   and outstanding                                      3,981           3,981
  Additional paid-in capital                          374,251         374,251
  Deficit                                            (239,991)       (198,498)
       Total stockholders' equity                     138,241         179,734 

TOTAL                                             $   171,796      $  260,688
                                                  ============     ===========
________________________________________________________________________________

SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.




                                       3




                           MAXIM MORTGAGE CORPORATION

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)
______________________________________________________________________________________________________


                                       For the nine     For the nine    For the three   For the three
                                       months ended     months ended     months ended    months ended
                                       September 30,    September 30,    September 30,   September 30,
                                           2003             2002             2003            2002

REVENUES:
Broker fee income                      $ 1,992,389      $ 1,337,360     $   419,715      $    801,971
Interest income                                363              405              59               405 
       Total revenues                    1,992,752        1,337,765         419,774           802,376 

EXPENSES:
Employee compensation and benefits       1,471,856        1,167,420         265,720           696,829
Selling and marketing                      296,148                -         137,761                 -
Professional fees                          104,634          100,579          21,254            65,822
Occupancy and equipment                     98,886           49,102          31,266            19,532
Office Supplies                             21,430           30,908           7,167            14,059
Other                                       41,291           54,015          13,290            15,855 

       Total expenses                    2,034,245        1,402,024         476,458           812,097 

NET LOSS                               $   (41,493)     $   (64,259)    $   (56,684)     $     (9,721)
                                       ============     ============    ============     =============

Net Income (Loss) Per Share -
    Basic and Diluted                  $     (0.00)     $     (0.00)    $     (0.00)     $      (0.00)
                                       ============     ============    ============     =============

Weighted Average Number of Shares
    Outstanding                         39,811,600       37,454,700      39,811,600        39,801,600
                                       ============     ============    ============     =============

______________________________________________________________________________________________________

SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.




                                       4



                           MAXIM MORTGAGE CORPORATION

                 CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY
                  For the nine months ended September 30, 2003
                                   (Unaudited)

___________________________________________________________________________________________

                                                         Additional
                                      Common Stock        Paid-In
                                   Shares      Amount     Capital     Deficit       Total

Balances, December 31, 2002      39,811,638   $  3,981   $ 374,251   $(198,498)   $ 179,734

Net Loss                                  -          -           -     (41,493)     (41,493)

Balances, September  30, 2003    39,811,638   $  3,981   $ 374,251   $(239,991)   $ 138,241
                                 ==========   ========   =========   ==========   ==========
___________________________________________________________________________________________

SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.




                                       5




                           MAXIM MORTGAGE CORPORATION

                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)
________________________________________________________________________________________________

                                                      For the nine months   For the nine months
                                                        ended September      ended September
                                                            30, 2003             30, 2002
Cash Flows From Operating Activities:
 Net loss                                                 $   (41,493)       $   (64,259)
 Adjustments to reconcile net loss to net cash
   provided by (used in) operating activities:
     Depreciation                                              15,437              7,079
     Increase in prepaid and other assets                      (3,634)            (2,077)
     Stock based compensation and consulting                        -             12,405
     Other non-cash compensation                                    -                  -
     Increase (decrease) in liabilities                       (47,399)            83,471 
Net Cash Provided by (Used in) Operating Activities           (77,089)            36,619 

Cash Flows From Investing Activities-
   Purchases of property and equipment                         (9,739)           (63,166)

Cash Flows From Financing Activities-
   Issuance of common stock                                         -            175,977 

Net Increase (Decrease) In Cash and Cash Equivalents          (86,828)           149,430

Cash and Cash Equivalents at Beginning of Period              205,592             70,129 

Cash and Cash Equivalents at End of Period                $   118,764        $   219,559
                                                          ============       ============

Supplemental disclosure of cash flow information:

   Cash paid for interest                                 $         -        $         -
                                                          ============       ============

   Cash paid for income taxes                             $         -        $         -
                                                          ============       ============
________________________________________________________________________________________________

SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.




                                       6




                           MAXIM MORTGAGE CORPORATION
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE A - FORMATION AND OPERATIONS OF THE COMPANY

Maxim Mortgage Corporation formerly known as JAHB Holdings, Inc. ("Maxim") was
incorporated on January 5, 1999 under the laws of the state of Delaware. Maxim
commenced its planned principal operations in January 2002, and together with
its subsidiary (as discussed below) is engaged in the brokerage and origination
of mortgage loans on behalf of various third party lenders.

From May 2003, pursuant to an agreement with NovaStar Home Mortgage, Inc., Maxim
has conducted substantially all of its mortgage broker activities under the
NovaStar Home Mortgage, Inc. brand name.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts and
balances of Maxim and its subsidiary (collectively "we", "us", "our"). All
significant inter-company accounts and balances have been eliminated in
consolidation.

Basis of Presentation 

Our accompanying unaudited financial statements have been prepared in accordance
with accounting principles generally accepted in the United States of America
for interim financial information and the instructions to Form 10-QSB and Rule
10-1 of Regulation S-X of the Securities and Exchange Commission (the "SEC").
Accordingly, these financial statements do not include all of the footnotes
required by generally accepted accounting principles. In our opinion, all
adjustments (consisting of normal and recurring adjustments) considered
necessary for a fair presentation have been included. Operating results for the
three and nine months ended September 30, 2003 are not necessarily indicative of
the results that may be expected for the year ended December 31, 2003. The
accompanying financial statements and the notes thereto should be read in
conjunction with our audited financial statements as of and for the year ended
December 31, 2002 contained in our Form 10-KSB.

Use of Estimates 

The preparation of financial statements in accordance with accounting principles
generally accepted in the United States of America requires us to make estimates
and assumptions that affect the reported amounts of assets and liabilities and
the disclosure of contingent assets and liabilities at the date of the financial
statements. The reported amounts of revenues and expenses during the reporting
period may be affected by the estimates we are required to make. Actual results
could differ from our estimates.

Concentration of Credit Risk

Financial instruments that subject us to significant concentrations of credit
risk consist primarily of cash and cash equivalents. At September 30, 2003 we
maintain all of our cash and cash equivalents in deposit accounts with two high
quality financial institutions, which deposit accounts at times may exceed





                                       7




federally insured limits. We have not experienced any losses in such accounts.

Revenue Recognition

We recognize broker fee income when mortgage transactions are funded.

Income Taxes

We compute income taxes in accordance with Financial Accounting Standards
Statement No. 109 "Accounting for Income Taxes" ("SFAS 109"). As such, deferred
taxes are recognized for the tax consequences of temporary differences by
applying enacted statutory rates applicable to future years to differences
between the financial statement carrying amounts and the tax basis of existing
assets and liabilities, and the effect on deferred taxes of a change in tax
rates is recognized in income in the period that included the enactment date. No
significant temporary differences existed as of September 30, 2003 or 2002.

No provision or benefit for federal or income taxes was made for any of the
periods included in the accompanying consolidated financial statements either
because (1) earnings would be offset by operating loss carryforwards or (2)
because losses were recognized for both financial and tax reporting purposes. We
will continue to assess whether a benefit for income taxes should be recorded as
the year progresses but none is deemed necessary as of September 30, 2003.

At September 30, 2003, we had net operating loss carryforwards of approximately
$223,000 for income tax purposes. The net operating loss carryforwards expire in
various periods through September 30, 2023. The deferred income tax asset
arising from these net operating loss carryforwards is not recorded in the
accompanying consolidated balance sheet because we established a valuation
allowance to fully reserve such asset, as its realization did not meet the
required asset recognition standard established by SFAS 109.

Recent Pronouncements

We do not expect that the adoption of any recent accounting pronouncements will
have a material impact on our consolidated financial statements.

Net Loss Per Share 

We compute net loss per share in accordance with SFAS No. 128 "Earnings per
Share" ("SFAS No. 128") and SEC Staff Accounting Bulletin No. 98 ("SAB 98").
Under the provisions of SFAS No. 128 and SAB 98, basic net loss per share is
computed by dividing the net loss available to common stockholders for the
period by the weighted average number of common shares outstanding during the
period. Diluted net loss per share is computed by dividing the net loss for the
period by the number of common and common equivalent shares outstanding during
the period. Common equivalent shares outstanding as of September 30, 2003, which
consist of employee stock options, have been excluded from diluted net loss per
common share calculations because they are anti-dilutive. Accordingly basic and
diluted net loss per share are identical for each of such years. At September
30, 2003, we have approximately 1,259,000 stock options outstanding.




                                       8




NOTE B - COMMITMENTS

At September 30, 2003, we are obligated under an operating lease agreement for
our administrative facility that requires monthly payments of approximately
$5,600 (including sales tax) through December 31, 2005. Our president and
majority stockholder has unconditionally guaranteed payment of the monthly lease
payments through July 12, 2004, at which time such guaranty will cease. Rent
expense under this lease, and the lease we were obligated under at September 30,
2002 (this lease was terminated in 2002), during the three and nine months ended
September 30, 2003 and 2002 approximated $16,700, $50,200, $14,100 and $31,700,
respectively.

________________________________________________________________________________






                                       9




Item 2.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

The following discussion and analysis should be read in conjunction with the
balance sheet as of December 31, 2002 and the financial statements as of and for
the three and nine months ended September 30, 2003 and 2002 included with this
Form 10-QSB. We engage in the brokerage, origination and sale of mortgage loans
secured by residential or commercial real estate.

Readers are referred to the cautionary statement below, which addresses
forward-looking statements.

Results of operations for the three months ended 9/30/03 vs. 9/30/02

During the three months ended September 30, 2003, we generated approximately
$419,700 in mortgage origination fees and incurred total expenses of
approximately $476,500 as compared to total revenues and expenses of
approximately $802,000 and $812,100, respectively during the three months ended
September 30, 2002. The decrease resulted primarily because we implemented
various operational and marketing changes during the quarter ended September 30,
2003. These changes, and a shift in our focus to a broader potential customer
base (which increased the need for additional training), resulted in a
non-recurring diversion of our time and resources.

Results of operations for the nine months ended 9/30/03 vs. 9/30/02

During the nine months ended September 30, 2003, we generated approximately
$1,992,400 in mortgage origination fees and incurred total expenses of
approximately $2,034,200 as compared to total revenues and expenses of
approximately $1,338,000 and $1,402,000, respectively during the nine months
ended September 30, 2002. The significant increases resulted because as of March
31, 2002, we had just commenced our planned principal operations. As expected,
the growth in revenues has resulted in a similar increase in expenses as this
growth necessitated the need for additional personnel, occupancy costs and other
expenses incident to our business.

Liquidity and Capital Resources

Our operating and capital requirements have exceeded our cash flow from
operations as we have been building our business. During the nine months ended
September 30, 2003 and 2002, we used cash of approximately $86,800 and $26,500,
respectively for operating and investing activities. These cash outflows have
been funded primarily by proceeds received from sales of our common stock
(approximately $176,000 during the year ended December 31, 2002). The expenses
we have incurred to date were primarily from our efforts to establish our
business operations, recruit personnel and purchase office furniture and
equipment. Based upon our current level of revenues, expected growth and
estimated expenses, we anticipate that our cash balance of approximately
$118,800 as of September 30, 2003 will be adequate to cover any cash shortfalls
we incur during the next year.




                                       10



CAUTIONARY STATEMENT

This Form 10-QSB, press releases and certain information provided periodically
in writing or orally by our officers or our agents contain statements which
constitute forward-looking statements within the meaning of Section 27A of the
Securities Act, as amended and Section 21E of the Securities Exchange Act of
1934.. The words expect, anticipate, believe, goal, plan, intend, estimate and
similar expressions and variations thereof if used are intended to specifically
identify forward-looking statements. Those statements appear in a number of
places in this Form 10-QSB and in other places, particularly, Management's
Discussion and Analysis or Results of Operations, and include statements
regarding the intent, belief or current expectations us, our directors or our
officers with respect to, among other things: (i) our liquidity and capital
resources; (ii) our financing opportunities and plans and (iii) our future
performance and operating results. Investors and prospective investors are
cautioned that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual results may
differ materially from those projected in the forward-looking statements as a
result of various factors. The factors that might cause such differences
include, among others, the following: (i) any material inability of us to
successfully internally develop our products; (ii) any adverse effect or
limitations caused by Governmental regulations; (iii) any adverse effect on our
positive cash flow and abilities to obtain acceptable financing in connection
with our growth plans; (iv) any increased competition in business; (v) any
inability of us to successfully conduct our business in new markets; and (vi)
other risks including those identified in our filings with the Securities and
Exchange Commission. We undertake no obligation to publicly update or revise the
forward looking statements made in this Form 10-QSB to reflect events or
circumstances after the date of this Form 10-QSB or to reflect the occurrence of
unanticipated events.

Item 3. CONTROLS AND PROCEDURES

We maintain disclosure controls and procedures designed to ensure that
information required to be disclosed in reports filed under the Securities
Exchange Act of 1934, as amended, is recorded, processed, summarized and
reported within the specified time periods. As of the end of the period covered
by this report, our Chief Executive/Accounting Officer evaluated the
effectiveness of our disclosure controls and procedures. Based on the
evaluation, which disclosed no significant deficiencies or material weaknesses,
our Chief Executive/Accounting Officer concluded that our disclosure controls
and procedures are effective as of the end of the period covered by this report.
There were no changes in our internal control over financial reporting that
occurred during our most recent fiscal quarter that have materially affected, or
are reasonably likely to materially affect, our internal control over financial
reporting.




                                       11



                          PART II. - OTHER INFORMATION

Item 1. Legal Proceedings

NONE

Item 2. Changes in Securities

NONE

Item 3. Defaults Upon Senior Securities

NONE

Item 4. Submission of Matters to a Vote of Securities Holders

NONE

Item 5. Other Information

NONE

Item 6. Exhibits and Reports on Form 8-K

Exhibit 31  Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
Exhibit 32  Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.



                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

SIGNATURE             TITLE                                  DATE
/s/ Joel Arberman     Director, Chief Accounting Officer     November 14, 2003




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