Exhibit31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER

I, Glenn J. Mouridy, certify that:

1.    I have reviewedthis quarterly report on Form 10-Q of MortgageIT Holdings, Inc;

2.    Based on my knowledge, this report does not contain anyuntrue statement of a material fact or omit to state a material factnecessary to make the statements made, in light of the circumstancesunder which such statements were made, not misleading with respect tothe period covered by this report;

3.    Based on myknowledge, the financial statements, and other financial informationincluded in this report, fairly present in all material respects thefinancial condition, results of operations and cash flows of theregistrant as of, and for, the periods presented in this report;

4.    The registrant's other certifying officer and I areresponsible for establishing and maintaining disclosure controls andprocedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))for the registrant and have:

a.    Designed such disclosurecontrols and procedures, or caused such disclosure controls andprocedures to be designed under our supervision, to ensure thatmaterial information relating to the registrant, including itsconsolidated subsidiaries, is made known to us by others within thoseentities, particularly during the period in which this report is beingprepared;

b.    Evaluated the effectiveness of theregistrant's disclosure controls and procedures and presented inthis report our conclusions about the effectiveness of the disclosurecontrols and procedures, as of the end of the period covered by thisreport based on such evaluation; and

c.    Disclosed in thisreport any change in the registrant's internal control overfinancial reporting that occurred during the registrant's mostrecent fiscal quarter (the registrant's fourth fiscal quarter inthe case of an annual report) that has materially affected, or isreasonably likely to materially affect, the registrant's internalcontrol over financial reporting; and

5.    Theregistrant's other certifying officer and I have disclosed, basedon our most recent evaluation of internal control over financialreporting, to the registrant's auditors and the audit committeeof registrant's board of directors (or persons performing theequivalent functions):

a.    All significant deficiencies andmaterial weaknesses in the design or operation of internal control overfinancial reporting which are reasonably likely to adversely affect theregistrant's ability to record, process, summarize and reportfinancial information; and

b.    Any fraud, whether or notmaterial, that involves management or other employees who have asignificant role in the registrant's internal control overfinancial reporting.

|                                               |  |                          |  |                                             |  |  |  |  |  |  |
|-----------------------------------------------|--|--------------------------|--|---------------------------------------------|--|--|--|--|--|--|
| Date:    November15, 2004 |  | By:                      |  |     /s/ GLENN J.MOURIDY |
|                           |  |      |  | Glenn J.Mouridy                             |
|                           |  |      |  | President andChief FinancialOfficer         |
|                                               |

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