Exhibit 31


I, Karen Christensen, certify that:

1. I have reviewed this annual report on Form 10-K ,and all reports on
Form 8-K containing distribution or servicing reports filed in respect
 of periods included in the year covered by this annual report, of
Ameriquest Mortgage Securities, Inc., Asset-Backed Pass-Through
Certificates, Series 2003-1.

2. Based on my knowledge, the information in these reports, taken as a
whole, 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
as of the last day of the period covered by this annual report;

3. Based on my knowledge, the distribution or servicing information
required to be provided to the trustee by the servicer under the
pooling and servicing agreement or similar agreement, for inclusions in
these reports;

4. I am responsible for reviewing the activities performed by the
servicer under the pooling and servicing, or similar agreement and based
upon my knowledge and the annual compliance review required under that
 agreement, and except as disclosed in the reports, the servicer has
fulfilled its obligations under that agreement: and

5. The reports disclose all significant deficiencies relating to the
servicer's compliance with the minimum servicing standards based upon
the report provided by an independent public accountant, after conducting
a review in compliance with the Uniform Single Attestation Program for
Mortgage Bankers or similar procedure, as set forth in the pooling and
servicing, or similar agreement, that is included in these reports.

In giving the certifications above, I have reasonably relied on
information provided to me by the following unaffiliated parties: Deutsche
Bank National Trust Company, the Trustee


Ameriquest Mortgage Securities, Inc.

By: /s/: Karen Christensen
   Name: Karen Christensen
   Title: EVP
   Date: March 15, 2004