`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, 2002.

      ( ) 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 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 October 31, 2002.

39,801,638 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. Financial Statements (unaudited)

  Balance Sheets as of September 30, 2002 and December 31, 2001            3

  Statements of Operations for the three and nine months ended             4
  September 30, 2002 and 2001

  Statement of Stockholders' Equity for the nine months ended              5
  September 30, 2002

  Statements of Cash Flows for the nine months ended September             6
  30, 2002 and 2001

  Notes to 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                                                  11

Item 2. Changes in Securities                                              11

Item 3. Defaults Upon Senior Securities                                    11

Item 4. Submission of Matters to a Vote of Securities Holders              11

Item 5. Other Information                                                  11

Item 6. Exhibits and Reports on Form 8-K                                   11

Signature                                                                  12


                                       2



                           MAXIM MORTGAGE CORPORATION

                                 BALANCE SHEETS
________________________________________________________________________________________


                                                            September 30,
                                                                2002         December 31,
                                     ASSETS                 (unaudited)         2001   
CURRENT ASSETS:
    Cash and cash equivalents                               $   219,559     $   70,129
    Prepaid expense and other current assets                      5,577          3,500 
        Total current assets                                    225,136         73,629

Furniture, fixtures and equipment (net of accumulated
    depreciation of $7,711 and $632, respectively)               65,318          9,231 

TOTAL                                                       $   290,454     $   82,860
                                                            ============    ===========


                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES - accrued and other liabilities         $    84,971     $    1,500 

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; 39,801,638 and 36,034,000 shares issued
     and outstanding, respectively                                3,980          3,603
    Additional paid-in capital                                  372,852        184,847
    Deficit                                                    (171,349)      (107,090)
         Total stockholders' equity                             205,483         81,360 

TOTAL                                                       $   290,454     $   82,860
                                                            ============    ===========

________________________________________________________________________________________

SEE NOTES TO FINANCIAL STATEMENTS.


                                       3




                           MAXIM MORTGAGE CORPORATION

                            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,
                                          2002            2001            2002          2001

REVENUES:
Broker fee income                       $1,337,360     $        -    $  801,971     $        -
Interest income                                405          2,646           405          1,139 
       Total revenues                    1,337,765          2,646       802,376          1,139 

EXPENSES:
Employee compensation                    1,167,420         11,250       696,829          3,750
Professional fees                          100,579          7,257        65,822          4,671
Occupancy                                   49,102              -        19,532              -
Office supplies                             30,908              -        14,059              -
Other                                       54,015          3,071        15,855            701 

       Total expenses                    1,402,024         21,578       812,097          9,122 

NET LOSS                                $  (64,259)    $  (18,932)   $   (9,721)    $   (7,983)
                                        ===========    ===========   ===========    ===========

Net (Loss) Per Share - Basic and
    Diluted                             $    (0.00)    $    (0.00)   $    (0.00)    $    (0.00)
                                        ===========    ===========   ===========    ===========
Weighted Average Number of
Shares Outstanding                      37,454,700     35,030,000    39,801,600     35,030,000
                                        ===========    ===========   ===========    ===========

__________________________________________________________________________________________________

SEE NOTES TO FINANCIAL STATEMENTS.


                                       4



                           MAXIM MORTGAGE CORPORATION

                        STATEMENT OF STOCKHOLDERS' EQUITY
                  For the nine months ended September 30, 2002
                                   (Unaudited)

___________________________________________________________________________________________________

                                                              Additional
                                          Common Stock          Paid-In
                                        Shares      Amount      Capital     Deficit       Total

Balances, December 31, 2001           36,034,000    $  3,603   $ 184,847   $(107,090)   $  81,360

Issuance of common stock for cash      3,519,550         352     175,625           -      175,977

Common stock issued to
   employees                             198,088          20       9,885           -        9,905

Issuance of common stock for
   marketing services                     50,000           5       2,495           -        2,500

Net Loss                                       -          -           -     (64,259)     (64,259)

Balances, September 30, 2002          39,801,638    $  3,980   $ 372,852   $(171,349)   $ 205,483
                                      ==========    ========   =========   ==========   ==========

___________________________________________________________________________________________________

SEE NOTES TO FINANCIAL STATEMENTS.



                                       5




                           MAXIM MORTGAGE CORPORATION

                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

_____________________________________________________________________________________________

                                                       For the nine months   For the nine months
                                                          ended September      ended September
                                                             30, 2002             30, 2001
Cash Flows From Operating Activities:
 Net loss                                                 $    (64,259)        $   (18,932)
 Adjustments to reconcile net loss to net cash (used in)
  provided by operating activities:
   Depreciation                                                  7,079                   -
   Increase in prepaid and other assets                         (2,077)                  -
   Stock based compensation and consulting                      12,405                   -
   Other non-cash compensation                                       -              11,250
   Increase in accrued and other liabilities                    83,471                   - 
Net Cash (Used in) Provided by Operating Activities             36,619              (7,682)

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

Cash Flows From Financing Activities-
   Proceeds from sales of common stock                         175,977                   - 

Net Increase (Decrease) In Cash and Cash Equivalents           149,430              (7,682)

Cash and Cash Equivalents at Beginning of Period                70,129              92,378 

Cash and Cash Equivalents at End of Period                $    219,559         $    84,696
                                                          =============        ============

Supplemental disclosure of cash flow information:

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

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

_____________________________________________________________________________________________

SEE NOTES TO FINANCIAL STATEMENTS.


                                       6




                           Maxim Mortgage Corporation
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE A - FORMATION AND OPERATIONS OF THE COMPANY

Maxim Mortgage Corporation ("we", "us", "our") was initially incorporated on
January 5, 1999 under the laws of the state of Delaware as JAHB Holdings, Inc.
On October 22, 2001, we changed our name to Maxim Mortgage Corporation. Prior to
January 1, 2002, we were considered to be a development stage enterprise. We
engage in the brokerage, origination and sale of mortgage loans secured by
residential or commercial real estate.

On October 22, 2001, our stockholders voted to amend our Articles of
Incorporation by increasing our authorized common shares from 20,000,000 to
200,000,000, and by reducing the par value of our common stock from $0.001 to
$0.0001 per share. This amendment also authorizes us to issue 5,000,000 shares
of preferred stock with a par value of $0.0001. Simultaneously, we forward split
our outstanding shares 10 to 1, and our president and majority stockholder
canceled 70,000,000 shares of common stock he received on the date of our
incorporation.

All references to the number of shares and par value in the accompanying
financial statements and notes thereto have been adjusted to reflect the stock
split, cancellation of shares and changes in the authorized number of shares of
our common and preferred stock and their related par values as though all such
changes had been completed as of January 5, 1999 (date of incorporation).

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 accounting principles generally accepted in the United States. In
our opinion, all adjustments (consisting of normal and recurring adjustments)
considered necessary for a fair presentation have been included. Operating
results for the nine months ended September 30, 2002 are not necessarily
indicative of the results that may be expected for the year ended December 31,
2002. 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, 2001 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 and assumptions we are required to make.
Actual results could differ from those estimates.

Revenue Recognition

We recognize broker fee income when mortgage transactions are funded.



                                       7



Furniture, Fixtures and Equipment 

Furniture, fixtures and equipment are stated at cost. Major additions are
capitalized, while minor additions and maintenance and repairs, which do not
extend the useful life of an asset, are expensed as incurred. Depreciation is
computed using an accelerated method over the estimated useful lives of the
assets, which range from 3 to 7 years.

Stock-Based Compensation

We account for equity instruments issued to employees for services based on the
fair value of the equity instruments issued and account for equity instruments
issued to those other than employees based on the fair value of the
consideration received or the fair value of the equity instruments, whichever is
more reliably measurable.

We account for stock based compensation in accordance with SFAS 123, "Accounting
for Stock-Based Compensation." The provisions of SFAS 123 allow companies to
either expense the estimated fair value of stock options or to continue to
follow the intrinsic value method set forth in APB Opinion 25, "Accounting for
Stock Issued to Employees" (APB 25) but disclose the pro forma effects on net
income (loss) had the fair value of the options been expensed. We have elected
to continue to apply APB 25 in accounting for its stock option incentive plans.

NOTE B - OTHER RELATED PARTY TRANSACTIONS

During the year ended December 31, 2001, we recognized $11,250 of non-cash
employee compensation. We believe this amount represents the fair value of
services provided to us by our president during such year. As discussed at Note
F, subsequent to September 30, 2001, we began to compensate our president under
an employment agreement. Because the amounts incurred prior to September 30,
2001 will not be paid, now or in the future, the amounts have been reflected as
increases in additional paid-in capital.

Our President and majority stockholder periodically advances funds to us. These
advances, which were repaid as of December 31, 2001, were unsecured,
non-interest bearing and due on demand.

NOTE C - INCOME TAXES

We recognized losses for both financial and tax reporting purposes during each
of the periods in the accompanying statements of operations. Accordingly, no
provision for income taxes and/or deferred income taxes payable have been
provided for in the accompanying financial statements.

At September 30, 2002, we had a net operating loss carryforward of approximately
$200,700 for income tax purposes. The carryforward will be available to offset
future taxable income through the period ended September 30, 2022. The deferred
income tax asset arising from this net operating loss carryforward is not
recorded in the accompanying 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.

NOTE D - 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



                                       8



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. There were no common equivalent shares outstanding during the period
January 5, 1999 (date of incorporation) to September 30, 2002; accordingly basic
and diluted net loss per share are identical for each of the periods in the
accompanying statements of operations.

NOTE E - COMMON STOCK OFFERINGS

In October 2001, we closed our offering under our initial registration
statement, which became effective in October 2000. We sold 1,034,000 shares of
our common stock under this offering; 1,000,000 of which were purchased by our
president and majority stockholder.

Effective December 11, 2001, we began offering an additional 10,000,000 shares
of our common stock to the public for $.05 per share. The offering, which was on
a best efforts, no minimum basis, was closed in July 2002.

NOTE F - COMMITMENTS

In December 2001, we entered a one-year lease for our administrative facility.
The lease provides for monthly payments of $5,577 through December 2005. Our
president and majority stockholder has unconditionally guaranteed payment of the
lease obligation. Rent expense approximated $14,100, $31,700, $0 and $0 for the
three and nine months ended September 30, 2002 and 2001, respectively.

In October 2001, we executed an employment agreement with our president and
majority stockholder. The agreement, which expires on January 1, 2006, requires
us to pay annual, base compensation of $72,000 and various fringe benefits (as
defined in the agreements).

NOTE G - STOCK OPTIONS

In October 2001, our stockholders adopted our 2001 Stock Option Plan, which
provides for the grant to employees, officers, directors and consultants of
options to purchase up to an aggregate of 10,000,000 shares of our common stock,
consisting of both "incentive stock options" and "non-qualified" options.
Incentive stock options are issuable only to employees, while non-qualified
options may be issued to non-employee directors, consultants and others, as well
as to employees.

The plan is administered by our board of directors, which determines those
individuals who are to receive options, the time period during which the options
may be partially or fully exercised, the number of shares of common stock that
may be purchased under each option, and the option price.

To date, we have granted 2,119,350 stock options at exercise prices ranging
from $0.05 to $0.1875 per share under the plan.



                                       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, 2001 and the financial statements as of and for
the three and nine months ended September 30, 2002 and 2001 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 9/30/02 vs. 9/30/01

During the three months ended September 30, 2002, we generated approximately
$802,000 in mortgage origination fees and had total expenses of approximately
$812,100. During the three months ended September 30, 2001, we generated
approximately $1,100 in interest income and had total expenses of approximately
$9,100. The increased revenues and expenses resulted because we commenced our
planned principal operations during the first quarter of 2002.

Results of operations for the nine months ended 9/30/02 vs. 9/30/01

During the nine months ended September 30, 2002, we generated approximately
$1,338,000 in mortgage origination fees and had total expenses of approximately
$1,402,000. During the nine months ended September 30, 2001, we generated
approximately $2,600 in interest income and had total expenses of approximately
$21,600. The increased revenues and expenses resulted because we commenced our
planned principal operations during the first quarter of 2002.

Liquidity

At the end of the quarter, on September 30, 2002, we had approximately $219,600
in cash. The expenses we have incurred to date were primarily from our efforts
to establish our business operations, recruit personnel and for office fixtures
and equipment. Based upon our current level of revenues, expected growth and
estimated expenses, we anticipate that we will have adequate cash to maintain
our current operations for the next year.

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



                                       10



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

Within 90 days prior to the date of filing of this report, we carried out an
evaluation, under the supervision and with the participation of our management,
including the Chief Executive Officer (who also effectively serves as our
Principal Financial Officer), of the design and operation of our disclosure
controls and procedures. Based on this evaluation, our Chief Executive Officer
concluded that our disclosure controls and procedures are effective for the
gathering, analyzing and disclosing the information we are required to disclose
in the reports we file under the Securities Exchange Act of 1934, within the
time periods specified in the SEC's rules and forms. There have been no
significant changes in our internal controls or in other factors that could
significantly affect internal controls subsequent to the date of this
evaluation.

                          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

99.1 Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002



                                       11



                                   SIGNATURES

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 15, 2002

CERTIFICATIONS

I, Joel Arberman, certify that:

1. I have reviewed this quarterly report on Form 10QSB of Maxim Mortgage
Corporation;

2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report; and

3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
issuer as of, and for, the periods presented in this quarterly report.

4. I am responsible for establishing and maintaining disclosure controls and
procedures for the issuer and have:

        (i) Designed such disclosure controls and procedures to ensure that
material information relating to the issuer is made known to me, particularly
during the period in which the periodic reports are being prepared;

        (ii) Evaluated the effectiveness of the issuer's disclosure controls and
procedures as of September 30, 2002 ("Evaluation Date"); and

        (iii) Presented in the report my conclusions about the effectiveness of the
disclosure controls and procedures based on my evaluation as of the Evaluation
Date;

5. I have disclosed, based on my most recent evaluation, to the issuer's
auditors and the audit committee of the board of directors (or persons
fulfilling the equivalent function):

        (i) All significant deficiencies in the design or operation of internal
controls which could adversely affect the issuer's ability to record, process,
summarize and report financial data and have identified for the issuer's
auditors any material weaknesses in internal controls; and

        (ii) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the issuer's internal controls; and

(6) I have indicated in the report whether or not there were significant changes
in internal controls or in other factors that could significantly affect
internal controls subsequent to the date of our most recent evaluation,
including any corrective actions with regard to significant deficiencies and
material weaknesses.



                                       12




Date:  November 15, 2002

/s/ Joel Arberman
    Joel Arberman
    Director, Chief Accounting Officer




                                       13`