

                           SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C.  20549


                                        FORM 8-K


                     Current Report Pursuant To Section 13 or 15(d) of
                            the Securities Exchange Act of 1934

           Date of Report (Date of earliest event reported):  November 25, 2003


                      AMERIQUEST MORTGAGE SECURITIES INC.
          (as depositor, Ameriquest Mortgage Company, Master Servicer,
             and Deutsche Bank National Trust Company, as Trustee).

            AMERIQUEST MORTGAGE SEC INC AST BACK PS THR CERT SER 2003-1
            (Exact name of Registrant as specified in its Charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-77012-10                          33-0885129
          (Commission File Number)        (I.R.S. Employer Identification No.)


          1100 TOWN & COUNTRY ROAD, SUITE 1100
          ORANGE, CALIFORNIA                              92868
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (714) 541-9960


     Item 5.  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 7.  Financial Statement and Exhibits

     Exhibits:  (as noted in Item 5 above)

     Monthly Remittance Statement to the Certificateholders dated as of
     November 25, 2003.




                                     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, hereunto duly authorized.


                                  Deutsche Bank National Trust Company,
                                  not in its individual capacity, but solely
                                  as a duly authorized agent of the Registrant
                                  pursuant to the Pooling and Servicing
                                  Agreement, dated as of February 1,2003.


          Date:  Nov 26, 2003               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President

                                   EXHIBIT INDEX

          DOCUMENT

          Monthly Remittance Statement to the Certificateholders
          dated as of November 25, 2003.


	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates


	November 25, 2003 Distribution


	Contents



			TABLE OF CONTENTS

								Page

			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				4
			4.	Credit Enhancement Report				7
			5.	Collateral Report				8
			6.	Delinquency Report				11
			7.	REO Report				14
			8.	Foreclosure Report				15
			9.	Prepayment Report				18
			10.	Prepayment Detail Report				21
			11.	Realized Loss Report				29
			12.	Realized Loss Detail Report				32
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				33




				Total Number of Pages				33



			CONTACTS

				Administrator: Valerie Delgado
				Direct Phone Number: (714)247-6273
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705

				Web Site: https://www.corporatetrust.db.com/invr
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000



ISSUANCE INFORMATION

	Seller:		Ameriquest Mtg Sec Inc					Cut-Off Date: February 1, 2003
	Certificate Insurer(s):							Closing Date: February 6, 2003
								First Payment Date: March 25, 2003
	Servicer(s):		Ameriquest Mortgage Corp Master Servicer


								Distribution Date: November 25, 2003
	Underwriter(s):		Salomon Smith Barney Underwriter					Record Date: November 24, 2003
								October 31, 2003






						Page 1 of 33					© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates
	REMIC II
	Certificate Payment Report for November 25, 2003 Distribution


	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)

A-I		550,000,000.00			448,744,293.26	581,996.42	24,191,228.68	24,773,225.10	-	-	424,553,064.58
A-II		835,000,000.00			668,170,420.39	823,520.04	40,456,479.20	41,279,999.24	-	-	627,713,941.19
M-1		106,200,000.00			106,200,000.00	172,811.00	-	172,811.00	-	-	106,200,000.00
M-2		85,000,000.00			85,000,000.00	203,362.50	-	203,362.50	-	-	85,000,000.00
MV-3		47,200,000.00			47,200,000.00	183,267.11	-	183,267.11	-	-	47,200,000.00
MF-3		25,000,000.00			25,000,000.00	148,750.00	-	148,750.00	-	-	25,000,000.00
M-4		25,400,000.00			25,400,000.00	85,936.67	-	85,936.67	-	-	25,400,000.00
CE		25,173,721.31			25,484,570.00	6,986,383.79	-	6,986,383.79	-	-	25,484,570.00
P		100.00			100.00	1,754,937.76	-	1,754,937.76	-	-	100.00
R		-			-	-	-	-	-	-	-


Total		1,698,973,821.31			1,431,199,383.65	10,940,965.29	64,647,707.88	75,588,673.17	-	-	1,366,551,675.77


	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)

A-I	10/27/03	11/24/03		A-Act/360	03072SEW1	550,000,000.00	815.898715	1.058175	43.984052	45.042227	771.914663
A-II	10/27/03	11/24/03		A-Act/360	03072SEX9	835,000,000.00	800.204096	0.986252	48.450873	49.437125	751.753223
M-1	10/27/03	11/24/03		A-Act/360	03072SEY7	106,200,000.00	1,000.000000	1.627222	-	1.627222	1,000.000000
M-2	10/27/03	11/24/03		A-Act/360	03072SEZ4	85,000,000.00	1,000.000000	2.392500	-	2.392500	1,000.000000
MV-3	10/27/03	11/24/03		A-Act/360	03072SFA8	47,200,000.00	1,000.000000	3.882778	-	3.882778	1,000.000000
MF-3				A-30/360	03072SFB6	25,000,000.00	1,000.000000	5.950000	-	5.950000	1,000.000000
M-4	10/27/03	11/24/03		A-Act/360	03072SFC4	25,400,000.00	1,000.000000	3.383333	-	3.383333	1,000.000000
CE				A-30/360		25,173,721.31	1,012.348142	277.526858	-	277.526858	1,012.348142
P				A-Act/360		100.00	1,000.000000	17,549,377.600000	-	################	1,000.000000
R				A-Act/360		-	-	-	-	-	-


							Page 2 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates
	REMIC II
	Certificate Payment Report for November 25, 2003 Distribution


	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)

A-I	550,000,000.00		7,095,729.12		121,360,168.61	4,086,766.81	125,446,935.42	132,542,664.54	-	-	424,553,064.58
A-II	835,000,000.00		10,167,881.94		200,150,845.83	7,135,212.98	207,286,058.81	217,453,940.75	-	-	627,713,941.19
M-1	106,200,000.00		1,813,173.25		-	-	-	1,813,173.25	-	-	106,200,000.00
M-2	85,000,000.00		2,106,193.75		-	-	-	2,106,193.75	-	-	85,000,000.00
MV-3	47,200,000.00		1,877,819.22		-	-	-	1,877,819.22	-	-	47,200,000.00
MF-3	25,000,000.00		1,338,750.00		-	-	-	1,338,750.00	-	-	25,000,000.00
M-4	25,400,000.00		882,787.58		-	-	-	882,787.58	-	-	25,400,000.00
CE	25,173,721.31		67,543,254.39		-	-	-	67,543,254.39	-	310,848.69	25,484,570.00
P	100.00		8,077,019.32		-	-	-	8,077,019.32	-	-	100.00
R	-		-		-	-	-	-	-	-	-


Total	1,698,973,821.31		100,902,608.57		321,511,014.44	11,221,979.79	332,732,994.23	433,635,602.80	-	310,848.69	1,366,551,675.77


	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)

A-I	1.61000%	448,744,293.26			581,996.42	-	-	-	581,996.42	581,996.42	-
A-II	1.53000%	668,170,420.39			823,520.04	-	-	-	823,520.04	823,520.04	-
M-1	2.02000%	106,200,000.00			172,811.00	-	-	-	172,811.00	172,811.00	-
M-2	2.97000%	85,000,000.00			203,362.50	-	-	-	203,362.50	203,362.50	-
MV-3	4.82000%	47,200,000.00			183,267.11	-	-	-	183,267.11	183,267.11	-
MF-3	7.14000%	25,000,000.00			148,750.00	-	-	-	148,750.00	148,750.00	-
M-4	4.20000%	25,400,000.00			85,936.67	-	-	-	85,936.67	85,936.67	-
CE	5.91982%	25,484,570.00			6,986,383.79	-	-	-	6,986,383.79	6,986,383.79	-
P		100.00			1,754,937.76	-	-	-	1,754,937.76	1,754,937.76	-
R		-			-	-	-	-	-	-	-


Total		1,431,199,383.65			10,940,965.29	-	-	-	############	10,940,965.29	-


							Page 3 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Collection Account Report for November 25, 2003 Distribution


	Collection Account Report


SUMMARY						GROUP 2	GROUP 1	TOTAL

	Principal Collections					40,410,180.10	24,163,543.81	64,573,723.91
	Principal Other Accounts					0.00	0.00	0.00
	TOTAL NET PRINCIPAL					40,410,180.10	24,163,543.81	64,573,723.91

	Interest Collections					5,562,745.70	3,781,771.77	9,344,517.47
	Interest Withdrawals					0.00	0.00	0.00
	Interest Other Accounts					0.00	0.00	1,754,937.76
	Interest Fees					(56,404.64)	(28,101.33)	(84,505.97)
	TOTAL NET INTEREST					5,506,341.06	3,753,670.44	11,014,949.26

	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION					45,916,521.16	27,917,214.25	75,588,673.17


PRINCIPAL - COLLECTIONS						GROUP 2	GROUP 1	TOTAL

	Scheduled Principal Received					680,287.11	430,208.51	1,110,495.62
	Prepayments In Full					39,471,514.86	23,858,985.88	63,330,500.74
	Curtailments					39,053.90	(145,647.07)	(106,593.17)
	Liquidations					219,324.23	93,980.46	313,304.69
	Insurance Principal					0.00	0.00	0.00
	Repurchased Principal Amounts					0.00	0.00	0.00
	Other Principal					0.00	0.00	0.00
	Total Realized Loss Of Principal					0.00	(73,983.97)	(73,983.97)
	Delinquent Principal					(589,345.29)	(393,043.98)	(982,389.27)
	Advanced Principal					589,345.29	393,043.98	982,389.27

	TOTAL PRINCIPAL COLLECTED					40,410,180.10	24,163,543.81	64,573,723.91


				Page 4 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Collection Account Report for November 25, 2003 Distribution


	Collection Account Report


PRINCIPAL - WITHDRAWALS						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK


PRINCIPAL - OTHER ACCOUNTS						GROUP 2	GROUP 1	TOTAL



	TOTAL OTHER ACCOUNTS PRINCIPAL					0.00	0.00	0.00


INTEREST - COLLECTIONS						GROUP 2	GROUP 1	TOTAL

	Scheduled Interest					5,863,007.02	3,992,618.29	9,855,625.31
	Liquidation Interest					1,536.57	673.53	2,210.10
	Repurchased Interest					0.00	0.00	0.00
	Insurance Interest					0.00	0.00	0.00
	Other Interest					0.00	0.00	0.00
	Relief Act Interest Shortfalls					0.00	0.00	0.00
	Prepayment Interest Shortfalls					(31,860.58)	(20,539.23)	(52,399.81)
	Compensating Interest					31,860.58	20,539.23	52,399.81
	Delinquent Interest					(4,984,975.84)	(3,537,247.91)	(8,522,223.75)
	Interest Advanced					4,683,177.95	3,325,727.86	8,008,905.81

	TOTAL INTEREST COLLECTED					5,562,745.70	3,781,771.77	9,344,517.47


				Page 5 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Collection Account Report for November 25, 2003 Distribution


	Collection Account Report


INTEREST - WITHDRAWALS						GROUP 2	GROUP 1	TOTAL

	Trust Fund Expenses							0.00
	Nonrecoverable Advances							0.00
	Reimbursements to Master Servicer							0.00

	TOTAL INTEREST WITHDRAWALS							0.00


INTEREST - OTHER ACCOUNTS						GROUP 2	GROUP 1	TOTAL

	Prepayment Charges							1,754,937.76
	Capitalized Interest Requirement							0.00


	TOTAL INTEREST OTHER ACCOUNTS							1,754,937.76


INTEREST - FEES						GROUP 2	GROUP 1	TOTAL

	Current Servicing Fees					55,511.37	27,503.77	83,015.14

	Trustee Fee					893.27	597.56	1,490.83



	TOTAL INTEREST OTHER FEES					56,404.64	28,101.33	84,505.97


				Page 6 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Credit Enhancement Report for November 25, 2003 Distribution


	Credit Enhancement Report


ACCOUNTS						GROUP 2	GROUP 1	TOTAL


	Net WAC Rate Carryover Reserve Account							1,008.75


INSURANCE						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK


STRUCTURAL FEATURES						GROUP 2	GROUP 1	TOTAL

	Overcollateralized Amount							25,484,570.00
	Overcollateralization Release Amount							0.00
	Overcollateralization Deficiency Amount							73,983.97
	Overcollateralization Target Amount							25,484,570.00
	Excess Overcollateralization Amount							0.00
	Overcollateralization Increase Amount							73,983.97


				Page 7 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Collateral Report for November 25, 2003 Distribution


	Collateral Report


COLLATERAL						GROUP 2	GROUP 1	TOTAL
	Loan Count:
	*Original*					6775	4906	11681
	Prior					5,857	4,303	10,160
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(224)	(146)	(370)
	Repurchases					-	-	-
	Liquidations					(2)	(1)	(3)
	Current					5,631	4,157	9,788

	*Principal Balance:*
	Original					1,024,096,481.35	674,874,847.54	1,698,971,328.89
	Prior					857,542,221.05	573,657,162.60	1,431,199,383.65
	Prefunding					-	-	-
	Scheduled Principal					(680,287.11)	(430,208.51)	(1,110,495.62)
	Partial and Full Voluntary Prepayments					(39,510,568.76)	(23,713,338.81)	(63,223,907.57)
	Repurchases					-	-	-
	Liquidations					(219,324.23)	(93,980.46)	(313,304.69)
	Current					817,132,040.95	549,419,634.82	1,366,551,675.77

PREFUNDING						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK


	Group 1
	Group 2
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)


				Page 8 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Collateral Report for November 25, 2003 Distribution


	Collateral Report


CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL

	Weighted Average Coupon Original					8.276320%	8.399133%	8.325104%
	Weighted Average Coupon Prior					8.220388%	8.360229%	8.276550%
	Weighted Average Coupon Current					8.206537%	8.353335%	8.265377%
	Weighted Average Months to Maturity Original					349	351	350
	Weighted Average Months to Maturity Prior					341	344	342
	Weighted Average Months to Maturity Current					340	343	341
	Weighted Avg Remaining Amortization Term Original					348	351	349
	Weighted Avg Remaining Amortization Term Prior					341	343	342
	Weighted Avg Remaining Amortization Term Current					339	342	341
	Weighted Average Seasoning Original					2.47	2.31	2.41
	Weighted Average Seasoning Prior					9.43	9.30	9.38
	Weighted Average Seasoning Current					10.42	10.30	10.37

Note: Original information refers to deal issue.


	Group 1
	Group 2
WAC by Groups					Total WAC


WARAT by Groups					Total WARAT


Note: Dates correspond to distribution dates.
				Page 9 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Collateral Report for November 25, 2003 Distribution


	Collateral Report


ARM CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL

	Weighted Average Margin Original					4.106%	5.251%
	Weighted Average Margin Prior					4.030%	5.234%
	Weighted Average Margin Current					3.999%	5.222%
	Weighted Average Max Rate Original					12.270%	13.503%
	Weighted Average Max Rate Prior					12.140%	13.443%
	Weighted Average Max Rate Current					12.099%	13.421%
	Weighted Average Min Rate Original					8.278%	8.400%
	Weighted Average Min Rate Prior					8.222%	8.362%
	Weighted Average Min Rate Current					8.210%	8.353%
	Weighted Average Cap Up Original					0.665%	0.850%
	Weighted Average Cap Up Prior					0.653%	0.847%
	Weighted Average Cap Up Current					0.648%	0.845%
	Weighted Average Cap Down Original					0.665%	0.850%
	Weighted Average Cap Down Prior					0.653%	0.847%
	Weighted Average Cap Down Current					0.648%	0.845%

Note: Original information refers to deal issue.

SERVICING FEES / ADVANCES						GROUP 2	GROUP 1	TOTAL

	Current Servicing Fees					55,511.37	27,503.77	83,015.14
	Delinquent Servicing Fees					301,797.88	211,520.05	513,317.93
	TOTAL SERVICING FEES					357,309.25	239,023.82	596,333.07


	Compensating Interest					(31,860.58)	(20,539.23)	(52,399.81)
	Delinquent Servicing Fees					301,797.88	(211,520.05)	90,277.83
	COLLECTED SERVICING FEES					627,246.55	6,964.54	634,211.09
	Aggregate Advances with respect to this Distribution					5,272,523.24	3,718,771.84	8,991,295.08
	Current Nonrecoverable Advances					0.00	0.00	0.00
	Cumulative Nonrecoverable Advances					0.00	0.00	0.00


ADDITIONAL COLLATERAL INFORMATION						GROUP 2	GROUP 1	TOTAL

	Net Prepayment Interest Shortfall					0.00	0.00	0.00


				Page 10 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Delinquency Report for November 25, 2003 Distribution


	Delinquency Report - Total


				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			17,865,824.72	12,424,442.33	12,833,042.77	43,123,309.82
		% Balance			1.31%	0.91%	0.94%	3.16%
		# Loans			136	88	99	323
		% # Loans			1.39%	0.90%	1.01%	3.30%
FORECLOSURE		Balance		-	-	-	28,303,388.58	28,303,388.58
		% Balance		0.00%	0.00%	0.00%	2.07%	2.07%
		# Loans		-	-	-	217	217
		% # Loans		0.00%	0.00%	0.00%	2.22%	2.22%
BANKRUPTCY		Balance		6,533,546.67	1,673,661.35	620,356.22	2,986,042.08	11,813,606.32
		% Balance		0.48%	0.12%	0.05%	0.22%	0.86%
		# Loans		46	11	5	28	90
		% # Loans		0.47%	0.11%	0.05%	0.29%	0.92%
REO		Balance		-	-	-	1,546,843.49	1,546,843.49
		% Balance		0.00%	0.00%	0.00%	0.11%	0.11%
		# Loans		-	-	-	15	15
		% # Loans		0.00%	0.00%	0.00%	0.15%	0.15%

TOTAL		Balance		6,533,546.67	19,539,486.07	13,044,798.55	45,669,316.92	84,787,148.21
		% Balance		0.48%	1.43%	0.95%	3.34%	6.20%
		# Loans		46	147	93	359	645
		% # Loans		0.47%	1.50%	0.95%	3.67%	6.59%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 11 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Delinquency Report for November 25, 2003 Distribution


	Delinquency Report - Group 1 Group


				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			8,542,759.77	5,512,854.53	5,858,412.45	19,914,026.75
		% Balance			1.55%	1.00%	1.07%	3.62%
		# Loans			69	43	48	160
		% # Loans			1.66%	1.03%	1.15%	3.85%
FORECLOSURE		Balance		-	-	-	10,364,131.07	10,364,131.07
		% Balance		0.00%	0.00%	0.00%	1.89%	1.89%
		# Loans		-	-	-	83	83
		% # Loans		0.00%	0.00%	0.00%	2.00%	2.00%
BANKRUPTCY		Balance		2,605,589.58	578,873.06	124,248.20	1,290,982.98	4,599,693.82
		% Balance		0.47%	0.11%	0.02%	0.23%	0.84%
		# Loans		19	5	2	12	38
		% # Loans		0.46%	0.12%	0.05%	0.29%	0.91%
REO		Balance		-	-	-	1,031,737.88	1,031,737.88
		% Balance		0.00%	0.00%	0.00%	0.19%	0.19%
		# Loans		-	-	-	9	9
		% # Loans		0.00%	0.00%	0.00%	0.22%	0.22%

TOTAL		Balance		2,605,589.58	9,121,632.83	5,637,102.73	18,545,264.38	35,909,589.52
		% Balance		0.47%	1.66%	1.03%	3.38%	6.54%
		# Loans		19	74	45	152	290
		% # Loans		0.46%	1.78%	1.08%	3.66%	6.98%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 12 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Delinquency Report for November 25, 2003 Distribution


	Delinquency Report - Group 2 Group


				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			9,323,064.95	6,911,587.80	6,974,630.32	23,209,283.07
		% Balance			1.14%	0.85%	0.85%	2.84%
		# Loans			67	45	51	163
		% # Loans			1.19%	0.80%	0.91%	2.89%
FORECLOSURE		Balance		-	-	-	17,939,257.51	17,939,257.51
		% Balance		0.00%	0.00%	0.00%	2.20%	2.20%
		# Loans		-	-	-	134	134
		% # Loans		0.00%	0.00%	0.00%	2.38%	2.38%
BANKRUPTCY		Balance		3,927,957.09	1,094,788.29	496,108.02	1,695,059.10	7,213,912.50
		% Balance		0.48%	0.13%	0.06%	0.21%	0.88%
		# Loans		27	6	3	16	52
		% # Loans		0.48%	0.11%	0.05%	0.28%	0.92%
REO		Balance		-	-	-	515,105.61	515,105.61
		% Balance		0.00%	0.00%	0.00%	0.06%	0.06%
		# Loans		-	-	-	6	6
		% # Loans		0.00%	0.00%	0.00%	0.11%	0.11%

TOTAL		Balance		3,927,957.09	10,417,853.24	7,407,695.82	27,124,052.54	48,877,558.69
		% Balance		0.48%	1.27%	0.91%	3.32%	5.98%
		# Loans		27	73	48	207	355
		% # Loans		0.48%	1.30%	0.85%	3.68%	6.30%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 13 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	REO Report for November 25, 2003 Distribution


	REO Report - Mortgage Loans that Become REO During Current Distribution


SUMMARY				LOAN GROUP

Total Loan Count = 8				Loan Group 1 = Group 1 Group; REO Book Value = Not Available
Total Original Principal Balance = 872,180.00				Loan Group 2 = Group 2 Group; REO Book Value = Not Available
Total Current Balance = 866,972.21
REO Book Value = Not Available

REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.

Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date

39480447 1		131,250.00	130,511.01	Feb-01-03	9.625%	MN - 75.00%	360	Nov-29-02
39778295 1		192,000.00	190,918.92	Apr-01-03	9.500%	TN - 80.00%	360	Nov-22-02
40704421 1		84,180.00	83,812.39	Feb-01-03	10.250%	MN - 61.00%	360	Dec-24-02
41173659 1		101,250.00	100,834.12	Feb-01-03	11.000%	AZ - 75.00%	360	Dec-03-02
41331109 1		58,500.00	58,141.99	Apr-01-03	8.650%	TN - 90.00%	360	Dec-19-02
39190293 2		135,000.00	133,587.83	Mar-01-03	6.990%	MI - 90.00%	360	Oct-31-02
42058156 2		120,000.00	119,372.25	Apr-01-03	9.375%	MI - 80.00%	360	Dec-30-02
42297705 2		50,000.00	49,793.70	Mar-01-03	9.990%	MI - 73.53%	360	Jan-15-03


				Page 14 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Foreclosure Report for November 25, 2003 Distribution


	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution


SUMMARY				LOAN GROUP

Total Loan Count = 136				Loan Group 1 = Group 1 Group
Total Original Principal Balance = 18,294,495.00				Loan Group 2 = Group 2 Group
Total Current Balance = 18,184,250.55


Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date

39168067 1		97,500.00	96,965.10	Mar-01-03	9.625%	IL - 72.22%	360	Nov-29-02
39756481 1		249,900.00	248,758.47	Mar-01-03	10.500%	TN - 85.00%	360	Nov-29-02
39810064 1		51,000.00	50,823.65	May-01-03	11.800%	TX - 75.00%	360	Nov-27-02
39866066 1		143,550.00	142,741.56	Jun-01-03	9.499%	OK - 90.00%	360	Nov-27-02
39998380 1		83,700.00	83,264.36	Jan-01-03	9.400%	PA - 90.00%	360	Dec-11-02
40061210 1		211,000.00	209,614.85	May-01-03	8.750%	IL - 68.07%	360	Nov-25-02
40143430 1		100,100.00	99,027.51	May-01-03	6.250%	MN - 73.60%	360	Nov-04-02
40165953 1		84,750.00	84,354.54	Jun-01-03	10.400%	IA - 75.00%	360	Nov-29-02
40262016 1		255,150.00	252,723.60	May-01-03	6.900%	CA - 90.00%	360	Dec-19-02
40304974 1		266,000.00	264,008.98	May-01-03	7.600%	NY - 95.00%	360	Dec-19-02
40343212 1		50,000.00	49,718.46	Jun-01-03	9.500%	IN - 78.13%	360	Nov-22-02
40438681 1		195,000.00	194,113.97	May-01-03	10.525%	NY - 65.00%	360	Nov-29-02
40469801 1		52,500.00	52,180.64	Apr-01-03	9.250%	IA - 74.47%	360	Nov-19-02
40497992 1		168,000.00	166,951.82	Apr-01-03	9.000%	NY - 64.62%	360	Nov-18-02
40538852 1		131,250.00	130,693.32	Apr-01-03	10.850%	CA - 75.00%	360	Nov-14-02
40541690 1		50,000.00	49,834.49	Jun-01-03	12.000%	MN - 52.63%	360	Nov-29-02
40573826 1		50,150.00	49,852.64	May-01-03	9.250%	MI - 85.00%	360	Nov-27-02
40574311 1		50,150.00	49,852.64	May-01-03	9.250%	MI - 85.00%	360	Nov-29-02
40594418 1		221,200.00	220,467.66	Apr-01-03	11.999%	MA - 74.98%	360	Dec-03-02
40609638 1		90,000.00	89,311.67	Jun-01-03	7.990%	MD - 90.00%	360	Nov-29-02
40623464 1		201,600.00	200,061.44	May-01-03	8.000%	MD - 90.00%	360	Nov-29-02
40638710 1		54,000.00	53,785.97	Jun-01-03	10.700%	OK - 87.10%	360	Dec-24-02
40674400 1		55,000.00	54,669.86	Jun-01-03	9.250%	TX - 72.37%	360	Nov-29-02
40680514 1		108,000.00	107,215.16	May-01-03	7.750%	MN - 75.00%	360	Dec-17-02
40685612 1		140,000.00	139,542.78	Apr-01-03	11.600%	OH - 63.06%	360	Dec-16-02
40698953 1		114,750.00	114,166.46	May-01-03	9.990%	IL - 83.15%	360	Nov-29-02
40721342 1		104,000.00	103,441.67	Jun-01-03	9.250%	NJ - 65.00%	360	Dec-30-02
40747347 1		188,000.00	186,800.09	Jun-01-03	8.400%	CA - 80.00%	360	Dec-13-02
40769630 1		100,500.00	99,951.41	Jun-01-03	10.500%	RI - 67.00%	360	Nov-30-02
40810988 1		272,000.00	269,594.14	Jun-01-03	7.250%	CA - 80.00%	360	Dec-06-02
40853202 1		156,350.00	155,630.28	May-01-03	9.990%	OR - 81.43%	360	Dec-20-02
40968299 1		114,300.00	113,427.37	Apr-01-03	7.500%	IL - 90.00%	360	Dec-16-02
40994667 1		58,500.00	58,172.73	Jun-01-03	9.050%	IN - 90.00%	360	Dec-03-02
40996829 1		70,200.00	69,807.31	Jun-01-03	9.050%	IN - 90.00%	360	Dec-03-02
41031584 1		125,400.00	124,654.33	Mar-01-03	8.750%	IL - 95.00%	360	Dec-31-02
41104720 1		56,000.00	55,631.66	May-01-03	8.250%	MD - 70.89%	360	Dec-30-02
41109646 1		115,200.00	114,371.06	Jun-01-03	7.800%	IL - 90.00%	360	Dec-16-02
41128729 1		119,250.00	118,701.01	May-01-03	9.990%	OR - 58.17%	360	Dec-20-02
41137738 1		137,500.00	136,595.49	Apr-01-03	8.250%	WA - 74.73%	360	Dec-19-02
41145186 1		50,000.00	49,850.28	Feb-01-03	11.999%	IN - 80.00%	360	Dec-13-02
41159807 1		236,250.00	235,417.83	Jun-01-03	11.250%	TX - 75.00%	360	Dec-13-02
41202961 1		124,100.00	123,354.55	Jun-01-03	8.700%	RI - 85.00%	360	Dec-20-02
41218074 1		189,000.00	187,626.61	Jun-01-03	7.750%	IL - 90.00%	360	Dec-10-02
41224627 1		87,000.00	86,599.47	Apr-01-03	9.990%	IL - 64.44%	360	Dec-27-02

				Page 15 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Foreclosure Report for November 25, 2003 Distribution


	Foreclosure Report - Mortage Loans that Become Foreclosure During Current Distribution



Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date

41269150 1		50,000.00	49,557.50	Jun-01-03	9.900%	NJ - 33.33%	360	Dec-26-02
41288630 1		78,250.00	77,772.70	Jun-01-03	8.625%	FL - 76.72%	360	Dec-23-02
41293960 1		51,000.00	50,847.26	May-01-03	12.000%	NM - 85.00%	360	Dec-31-02
41316829 1		144,000.00	142,845.56	Jun-01-03	7.250%	CT - 90.00%	360	Dec-23-02
41326166 1		238,500.00	237,008.20	Jun-01-03	8.500%	NY - 90.00%	360	Dec-11-02
41334186 1		54,400.00	54,122.63	May-01-03	9.500%	MI - 80.00%	360	Dec-31-02
41346503 1		88,800.00	88,275.17	May-01-03	8.250%	MI - 80.00%	360	Jan-21-03
41360645 1		80,750.00	80,338.36	Apr-01-03	9.500%	PA - 85.00%	360	Dec-16-02
42221333 1		169,000.00	168,575.84	Mar-01-03	12.300%	NY - 65.00%	360	Jan-22-03
37498789 2		62,900.00	62,383.46	Jun-01-03	9.250%	OH - 85.00%	360	Jul-31-02
37964848 2		150,000.00	148,939.71	Jun-01-03	9.625%	IL - 75.00%	360	Aug-31-02
38465043 2		79,050.00	78,641.41	May-01-03	10.750%	FL - 85.00%	360	Sep-30-02
38695557 2		50,000.00	49,711.09	Jun-01-03	10.659%	OH - 74.63%	360	Sep-30-02
38848180 2		137,700.00	137,064.17	Jun-01-03	9.450%	NY - 90.00%	360	Jan-16-03
39111018 2		112,000.00	111,234.76	Jun-01-03	9.000%	IL - 80.00%	360	Oct-24-02
39200704 2		102,600.00	102,069.96	Apr-01-03	10.350%	MD - 90.00%	360	Oct-25-02
39224951 2		297,000.00	295,000.85	Jun-01-03	8.650%	IL - 90.00%	360	Dec-04-02
39449871 2		168,000.00	167,305.78	Apr-01-03	11.400%	AZ - 80.00%	360	Oct-29-02
39530241 2		82,500.00	82,061.24	Apr-01-03	10.650%	IA - 71.74%	360	Oct-31-02
39743588 2		54,400.00	54,027.49	May-01-03	8.990%	MI - 80.00%	360	Oct-25-02
39857974 2		85,000.00	84,444.78	Jun-01-03	8.775%	WA - 89.47%	360	Oct-31-02
39978002 2		184,000.00	182,578.54	Jun-01-03	8.500%	MN - 80.00%	360	Nov-22-02
40007064 2		50,000.00	49,814.45	May-01-03	11.900%	IN - 34.48%	360	Nov-07-02
40102055 2		63,000.00	62,519.87	May-01-03	8.500%	IA - 74.12%	360	Oct-31-02
40186520 2		181,600.00	180,590.51	Jun-01-03	10.000%	MN - 61.56%	360	Oct-31-02
40200891 2		82,800.00	81,386.37	Apr-01-03	9.750%	OH - 89.03%	240	Nov-30-02
40281214 2		216,000.00	215,110.93	May-01-03	10.990%	RI - 90.00%	360	Nov-29-02
40619793 2		414,000.00	411,538.41	Apr-01-03	8.750%	MA - 87.71%	360	Dec-30-02
40741761 2		85,000.00	84,348.08	May-01-03	7.990%	IA - 85.00%	360	Nov-29-02
40758872 2		104,000.00	103,543.64	Apr-01-03	10.690%	IL - 79.39%	360	Nov-22-02
41015413 2		133,000.00	132,601.81	Mar-01-03	12.000%	MN - 70.00%	360	Dec-16-02
41023359 2		364,000.00	361,476.25	Jun-01-03	7.990%	CA - 88.78%	360	Dec-27-02
41034042 2		67,500.00	67,077.76	May-01-03	8.500%	PA - 90.00%	360	Dec-11-02
41036690 2		139,650.00	138,645.21	Jun-01-03	7.800%	FL - 95.00%	360	Dec-10-02
41124900 2		72,000.00	71,578.74	Apr-01-03	8.830%	OH - 90.00%	360	Dec-17-02
41163288 2		271,800.00	269,975.99	Mar-01-03	8.150%	NJ - 90.00%	360	Dec-10-02
41204637 2		69,000.00	68,071.24	May-01-03	10.125%	LA - 70.41%	240	Dec-12-02
41234261 2		68,800.00	68,555.68	Jun-01-03	10.700%	CT - 80.00%	360	Jan-07-03
41398504 2		114,000.00	113,155.06	Jun-01-03	7.650%	MI - 95.00%	360	Dec-23-02
41403007 2		212,250.00	211,344.16	Feb-01-03	10.350%	CA - 75.00%	360	Dec-20-02
41413832 2		207,750.00	207,164.36	May-01-03	12.275%	NJ - 75.00%	360	Dec-30-02
41419847 2		284,495.00	282,258.36	Apr-01-03	7.350%	AZ - 85.00%	360	Dec-23-02
41421504 2		92,700.00	92,316.71	May-01-03	10.500%	IL - 90.00%	360	Dec-19-02
41422338 2		99,900.00	99,207.78	Apr-01-03	7.990%	CO - 90.00%	360	Dec-13-02
41429077 2		266,000.00	265,201.90	Apr-01-03	11.990%	NY - 76.00%	360	Dec-19-02
41443938 2		54,000.00	53,776.74	Jun-01-03	10.500%	IN - 90.00%	360	Dec-31-02
41460957 2		72,000.00	71,662.25	Jun-01-03	9.900%	FL - 75.00%	360	Dec-26-02
41465139 2		425,000.00	421,755.60	Apr-01-03	7.500%	CA - 85.00%	360	Dec-24-02
41472234 2		390,000.00	388,712.41	Mar-01-03	11.550%	NY - 65.00%	360	Dec-16-02
41517921 2		70,550.00	70,128.62	Jun-01-03	8.750%	OH - 85.00%	360	Dec-30-02
41527433 2		122,500.00	121,931.58	Jun-01-03	9.999%	IL - 79.55%	360	Dec-31-02
41553439 2		140,000.00	139,421.16	Apr-01-03	10.500%	IL - 80.00%	360	Dec-31-02

				Page 16 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Foreclosure Report for November 25, 2003 Distribution


	Foreclosure Report - Mortage Loans that Become Foreclosure During Current Distribution



Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date

41554825 2		66,000.00	65,700.79	May-01-03	9.550%	MI - 75.00%	360	Jan-10-03
41559113 2		105,000.00	104,651.49	Jun-01-03	11.525%	MT - 75.00%	360	Dec-31-02
41602939 2		206,100.00	204,911.42	Jun-01-03	8.900%	MA - 90.00%	360	Dec-31-02
41603879 2		216,000.00	214,593.37	Jun-01-03	8.300%	NY - 90.00%	360	Dec-20-02
41607094 2		119,700.00	118,880.44	Jun-01-03	8.050%	FL - 90.00%	360	Dec-23-02
41613431 2		135,000.00	134,189.09	Jun-01-03	8.700%	NJ - 90.00%	360	Dec-16-02
41623265 2		64,600.00	64,225.78	May-01-03	8.879%	MI - 85.00%	360	Dec-31-02
41644147 2		75,500.00	75,198.59	Mar-01-03	10.525%	MN - 45.76%	360	Dec-27-02
41655192 2		60,000.00	59,709.53	Mar-01-03	9.750%	DE - 75.00%	360	Dec-31-02
41655267 2		224,000.00	222,731.66	May-01-03	8.990%	CA - 80.00%	360	Dec-20-02
41702713 2		166,500.00	165,382.60	May-01-03	8.150%	CO - 90.00%	360	Dec-30-02
41711292 2		61,600.00	61,096.37	May-01-03	7.150%	OH - 66.24%	360	Dec-23-02
41715632 2		207,000.00	206,233.12	Mar-01-03	10.500%	KS - 88.84%	360	Jan-27-03
41717802 2		75,000.00	74,607.57	May-01-03	9.375%	MN - 75.00%	360	Dec-27-02
41734682 2		66,400.00	66,221.50	Jun-01-03	12.500%	WI - 80.00%	360	Dec-30-02
41743386 2		84,600.00	84,070.74	Apr-01-03	8.500%	MN - 90.00%	360	Dec-30-02
41763574 2		113,750.00	112,961.85	Jun-01-03	7.990%	MN - 65.00%	360	Dec-26-02
41768060 2		82,000.00	81,581.46	Jun-01-03	9.550%	KY - 87.23%	360	Dec-31-02
41773722 2		193,500.00	191,871.51	Apr-01-03	7.000%	CA - 90.00%	360	Dec-20-02
41776949 2		113,000.00	112,496.96	Jun-01-03	10.150%	CO - 67.26%	360	Dec-19-02
41778721 2		136,850.00	133,147.91	May-01-03	9.500%	MN - 85.00%	360	Dec-19-02
41779992 2		63,000.00	62,585.59	Apr-01-03	8.250%	FL - 50.00%	360	Dec-30-02
41808866 2		223,250.00	221,611.55	May-01-03	7.700%	CO - 95.00%	360	Dec-23-02
41837782 2		65,000.00	64,641.94	Apr-01-03	9.125%	NJ - 43.33%	360	Dec-30-02
41852187 2		195,000.00	194,188.36	Apr-01-03	10.468%	IL - 52.70%	360	Dec-31-02
41863226 2		58,500.00	58,133.84	Apr-01-03	8.500%	IA - 65.00%	360	Dec-30-02
41865452 2		130,500.00	129,870.91	Mar-01-03	9.769%	FL - 90.00%	360	Dec-31-02
41899840 2		90,000.00	89,701.27	Feb-01-03	11.525%	NY - 66.67%	360	Dec-30-02
41916289 2		82,500.00	82,132.76	May-01-03	10.150%	MO - 74.32%	360	Dec-31-02
41926981 2		50,000.00	49,783.13	Apr-01-03	10.275%	IL - 22.73%	360	Dec-30-02
41933169 2		219,600.00	217,660.62	Apr-01-03	6.750%	FL - 90.00%	360	Dec-23-02
41960808 2		65,000.00	64,678.72	Jun-01-03	9.650%	AZ - 54.17%	360	Dec-31-02
42011650 2		114,600.00	113,879.33	Jun-01-03	8.500%	CO - 84.27%	360	Dec-31-02
42028563 2		225,000.00	224,098.94	Feb-01-03	10.650%	FL - 59.21%	360	Dec-31-02
42048322 2		211,500.00	210,177.01	Jun-01-03	8.500%	MN - 89.62%	360	Dec-31-02
42116632 2		403,750.00	401,439.02	May-01-03	8.400%	CA - 85.00%	360	Jan-09-03
42134882 2		99,450.00	98,203.44	May-01-03	9.990%	MA - 65.00%	360	Jan-21-03
42179093 2		249,300.00	248,036.97	Apr-01-03	9.000%	CO - 90.00%	360	Jan-24-03
42398172 2		72,000.00	71,681.00	May-01-03	9.650%	TN - 90.00%	360	Jan-09-03
42487827 2		73,500.00	73,275.42	Apr-01-03	11.400%	FL - 66.82%	360	Jan-24-03


				Page 17 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Report for November 25, 2003 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENTS						GROUP 2	GROUP 1	TOTAL

	*Current*
	Number of Paid in Full Loans					224	146	370
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					224	146	370

	Paid in Full Balance					39,471,514.86	23,858,985.88	63,330,500.74
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					39,053.90	(145,647.07)	(106,593.17)
	Total Prepayment Amount					39,510,568.76	23,713,338.81	63,223,907.57

	*Cumulative*
	Number of Paid in Full Loans					1,118	732	1,850
	Number of Repurchased Loans					24	14	38
	Total Number of Loans Prepaid in Full					1,142	746	1,888

	Paid in Full Balance					194,892,523.78	118,012,673.87	312,905,197.65
	Repurchased Loans Balance					3,717,750.05	2,134,934.94	5,852,684.99
	Curtailments Amount					879,391.01	611,629.32	1,491,020.33
	Total Prepayment Amount					199,489,664.84	120,759,238.13	320,248,902.97

SPACE INTENTIONALLY LEFT BLANK


Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)


				Page 18 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Report for November 25, 2003 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENT RATES						GROUP 2	GROUP 1	TOTAL

	SMM					4.61%	4.14%	4.42%
	3 Months Avg SMM					3.90%	3.62%	3.79%
	12 Months Avg SMM
	Avg SMM Since Cut-off					2.39%	2.18%	2.31%

	CPR					43.25%	39.77%	41.88%
	3 Months Avg CPR					37.98%	35.78%	37.11%
	12 Months Avg CPR
	Avg CPR Since Cut-off					25.21%	23.23%	24.42%

	PSA					2075.15%	1930.53%	2018.72%
	3 Months Avg PSA Approximation					2013.56%	1923.59%	1978.29%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					1953.99%	1841.52%	1910.15%



	Group 1
	Group 2


CPR by Groups					Total CPR


PSA by Groups					Total PSA


				Page 19 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Report for November 25, 2003 Distribution


	Prepayment Report - Voluntary Prepayments

	Group 1
	Group 2

CPR Avg since Cut-Off by Groups					Total CPR Avg since Cut-Off


PSA Avg since Cut-Off by Groups					Total PSA Avg since Cut-Off


PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) .......(1-SMMm)]^(1/months in period n,m)
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,WASm)/(number of months in the period n,m)
Weighted Average Seasoning (WAS)

Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.

				Page 20 of 33				© COPYRIGHT 2003 Deutsche Bank


	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for November 25, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution


SUMMARY						LOAN GROUP

Total Loan Count = 370						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 63,813,319.00						Loan Group 2 = Group 2 Group
Total Prepayment Amount = 63,330,500.74


Loan Number			Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

39473590 1			304,000.00	302,654.71	Nov-06-03	10.650%	TX - 80.00%	Paid Off - 360	Oct-25-02
39515382 1			299,900.00	298,217.69	Nov-04-03	8.500%	CA - 76.90%	Paid Off - 360	Dec-09-02
39648589 1			57,000.00	56,716.08	Nov-04-03	9.950%	MI - 79.17%	Paid Off - 360	Nov-12-02
39697776 1			280,000.00	278,194.82	Oct-16-03	8.350%	CT - 70.71%	Paid Off - 360	Nov-19-02
39708961 1			148,500.00	147,420.82	Oct-20-03	7.750%	NJ - 88.39%	Paid Off - 360	Nov-29-02
39731625 1			157,600.00	156,216.61	Nov-03-03	6.990%	MN - 80.00%	Paid Off - 360	Nov-08-02
39765425 1			128,000.00	127,297.81	Oct-28-03	8.610%	NJ - 80.00%	Paid Off - 360	Dec-18-02
39771951 1			165,000.00	164,158.88	Oct-31-03	9.500%	MA - 86.84%	Paid Off - 360	Nov-13-02
39892922 1			109,000.00	108,261.04	Oct-30-03	8.099%	MO - 87.90%	Paid Off - 360	Nov-26-02
39958731 1			118,150.00	117,332.76	Oct-21-03	7.999%	CO - 85.00%	Paid Off - 360	Nov-12-02
39973078 1			169,000.00	168,002.92	Oct-28-03	8.250%	HI - 56.33%	Paid Off - 360	Dec-12-02
39978671 1			235,000.00	233,309.12	Oct-28-03	7.800%	NY - 67.14%	Paid Off - 360	Nov-29-02
40016271 1			170,000.00	168,340.24	Oct-29-03	9.999%	MA - 42.50%	Paid Off - 360	Nov-27-02
40074692 1			297,500.00	295,983.34	Oct-17-03	9.500%	CA - 85.00%	Paid Off - 360	Nov-30-02
40216798 1			127,800.00	127,061.06	Oct-15-03	8.350%	IL - 80.89%	Paid Off - 360	Dec-11-02
40231623 1			195,500.00	194,301.58	Nov-04-03	8.600%	FL - 85.00%	Paid Off - 360	Nov-12-02
40248494 1			138,750.00	137,968.81	Oct-23-03	9.500%	CA - 75.00%	Paid Off - 360	Nov-30-02
40287807 1			170,000.00	168,881.72	Nov-05-03	8.250%	CA - 85.00%	Paid Off - 360	Nov-26-02
40289530 1			76,500.00	76,083.26	Oct-24-03	9.500%	MO - 90.00%	Paid Off - 360	Nov-25-02
40291122 1			178,250.00	177,148.39	Oct-15-03	8.750%	MN - 77.50%	Paid Off - 360	Nov-19-02
40320103 1			135,000.00	134,310.34	Oct-23-03	9.000%	CA - 90.00%	Paid Off - 360	Dec-18-02
40322901 1			65,000.00	64,685.33	Oct-29-03	9.750%	RI - 65.00%	Paid Off - 360	Nov-19-02
40325631 1			186,300.00	184,998.69	Nov-05-03	7.400%	CA - 90.00%	Paid Off - 360	Dec-10-02
40350308 1			219,000.00	217,642.84	Oct-22-03	8.150%	NJ - 71.80%	Paid Off - 360	Dec-06-02
40356818 1			119,500.00	119,005.92	Oct-30-03	10.500%	CO - 66.76%	Paid Off - 360	Nov-14-02
40367047 1			164,900.00	163,804.40	Oct-14-03	8.200%	NY - 85.00%	Paid Off - 360	Nov-25-02
40391971 1			270,000.00	267,825.61	Oct-22-03	7.250%	MN - 90.00%	Paid Off - 360	Nov-26-02
40398380 1			239,000.00	237,343.99	Oct-31-03	7.990%	CA - 89.51%	Paid Off - 360	Nov-27-02
40425787 1			292,000.00	289,899.61	Oct-30-03	7.250%	CA - 74.87%	Paid Off - 360	Dec-10-02
40427650 1			130,500.00	129,800.73	Nov-04-03	9.259%	IL - 89.38%	Paid Off - 360	Nov-29-02
40440992 1			119,000.00	118,523.44	Oct-17-03	10.650%	CT - 85.00%	Paid Off - 360	Nov-29-02
40459315 1			318,750.00	317,375.30	Oct-21-03	10.300%	IL - 85.00%	Paid Off - 360	Nov-27-02
40469884 1			95,950.00	95,337.55	Oct-31-03	8.400%	OH - 95.00%	Paid Off - 360	Nov-15-02
40471344 1			72,250.00	71,910.89	Nov-03-03	9.925%	AL - 85.00%	Paid Off - 360	Nov-21-02
40480568 1			120,000.00	119,400.64	Nov-03-03	9.599%	MA - 68.97%	Paid Off - 360	Nov-27-02
40489601 1			64,600.00	64,379.66	Nov-06-03	11.400%	IA - 83.90%	Paid Off - 360	Nov-29-02
40501454 1			118,000.00	117,573.77	Oct-21-03	11.500%	MI - 79.73%	Paid Off - 360	Nov-30-02
40505018 1			175,750.00	174,443.48	Nov-03-03	8.200%	KS - 95.00%	Paid Off - 360	Dec-20-02
40527491 1			68,000.00	67,744.65	Oct-30-03	11.090%	TN - 85.00%	Paid Off - 360	Nov-29-02
40549453 1			116,025.00	115,619.59	Oct-28-03	10.775%	MN - 85.00%	Paid Off - 360	Dec-18-02
40553513 1			248,820.00	247,029.66	Oct-20-03	7.800%	WA - 87.00%	Paid Off - 360	Dec-04-02
40585671 1			106,000.00	105,395.80	Oct-15-03	8.990%	MA - 53.81%	Paid Off - 360	Nov-29-02
40631277 1			133,000.00	132,613.88	Nov-04-03	12.250%	NY - 53.20%	Paid Off - 360	Nov-29-02
40638025 1			152,750.00	151,883.12	Nov-04-03	9.000%	NJ - 65.00%	Paid Off - 360	Nov-19-02

					Page 21 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for November 25, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution



Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date

40649519 1			144,000.00	142,786.01	Nov-10-03	7.750%	CA - 90.00%	Paid Off - 360	Dec-19-02
40661282 1			221,850.00	219,966.48	Oct-22-03	6.990%	MN - 85.00%	Paid Off - 360	Nov-22-02
40682924 1			220,000.00	218,623.61	Oct-22-03	8.499%	NJ - 55.00%	Paid Off - 360	Nov-30-02
40685075 1			165,750.00	164,545.50	Oct-31-03	7.750%	MN - 85.00%	Paid Off - 360	Nov-20-02
40690042 1			125,000.00	124,353.17	Oct-15-03	9.500%	CA - 60.98%	Paid Off - 360	Nov-30-02
40700171 1			135,500.00	134,652.43	Nov-03-03	8.500%	CA - 84.69%	Paid Off - 360	Nov-30-02
40715104 1			250,750.00	249,332.79	Nov-10-03	8.999%	CA - 85.00%	Paid Off - 360	Nov-26-02
40721375 1			88,000.00	86,193.95	Nov-05-03	6.999%	NJ - 41.51%	Paid Off - 360	Nov-30-02
40723397 1			210,000.00	209,260.32	Nov-04-03	11.250%	NJ - 75.00%	Paid Off - 360	Nov-30-02
40739971 1			97,750.00	97,276.85	Nov-10-03	9.750%	CO - 85.00%	Paid Off - 360	Nov-25-02
40757882 1			138,750.00	138,210.43	Nov-04-03	11.775%	FL - 72.64%	Paid Off - 360	Nov-29-02
40763666 1			120,001.00	118,899.40	Oct-16-03	8.759%	CA - 27.27%	Paid Off - 360	Dec-31-02
40804858 1			212,500.00	211,427.81	Oct-14-03	9.550%	FL - 84.33%	Paid Off - 360	Nov-25-02
40806614 1			218,450.00	216,629.85	Oct-16-03	8.850%	IL - 85.00%	Paid Off - 360	Dec-12-02
40819344 1			97,500.00	97,225.42	Oct-15-03	11.775%	NJ - 73.86%	Paid Off - 360	Dec-31-02
40843138 1			224,500.00	222,884.95	Oct-21-03	7.250%	CA - 84.72%	Paid Off - 360	Dec-13-02
40846172 1			297,000.00	295,383.87	Oct-22-03	8.650%	CA - 90.00%	Paid Off - 360	Dec-16-02
40846370 1			155,000.00	154,013.24	Nov-07-03	8.400%	ID - 67.39%	Paid Off - 360	Dec-20-02
40846966 1			75,000.00	74,432.48	Oct-14-03	6.990%	MO - 77.32%	Paid Off - 360	Dec-19-02
40851024 1			66,400.00	65,460.65	Nov-03-03	8.850%	AZ - 80.00%	Paid Off - 240	Dec-17-02
40853517 1			96,000.00	95,547.42	Nov-03-03	9.350%	UT - 80.00%	Paid Off - 360	Dec-18-02
40876914 1			150,000.00	149,106.08	Oct-20-03	8.200%	WA - 87.72%	Paid Off - 360	Dec-28-02
40883373 1			172,250.00	170,936.25	Oct-31-03	9.500%	CA - 59.40%	Paid Off - 360	Dec-10-02
40885907 1			68,250.00	68,075.60	Oct-30-03	11.775%	FL - 75.00%	Paid Off - 360	Dec-11-02
40885980 1			289,500.00	286,687.73	Oct-16-03	6.250%	CA - 72.38%	Paid Off - 360	Nov-30-02
40921835 1			111,000.00	110,345.79	Oct-21-03	8.255%	NH - 70.25%	Paid Off - 360	Dec-12-02
40934622 1			189,000.00	187,971.57	Oct-27-03	8.650%	MA - 90.00%	Paid Off - 360	Dec-31-02
40939464 1			292,500.00	290,703.79	Oct-21-03	8.050%	MA - 75.00%	Paid Off - 360	Dec-20-02
40940223 1			120,000.00	119,309.61	Oct-31-03	8.700%	NY - 80.00%	Paid Off - 360	Dec-18-02
40946295 1			279,000.00	276,289.73	Nov-10-03	6.250%	NJ - 90.00%	Paid Off - 360	Nov-29-02
40964082 1			108,000.00	107,477.26	Nov-07-03	9.750%	RI - 80.00%	Paid Off - 360	Nov-29-02
40976458 1			229,000.00	227,146.20	Nov-10-03	7.200%	CA - 73.87%	Paid Off - 360	Nov-29-02
40978090 1			204,850.00	203,665.53	Oct-28-03	8.350%	CA - 85.00%	Paid Off - 360	Dec-23-02
41017369 1			252,000.00	250,940.49	Nov-07-03	9.900%	NY - 60.00%	Paid Off - 360	Dec-31-02
41025610 1			76,250.00	75,853.16	Nov-10-03	9.375%	IL - 33.44%	Paid Off - 360	Dec-24-02
41029257 1			112,000.00	111,626.29	Oct-17-03	10.990%	RI - 80.00%	Paid Off - 360	Dec-30-02
41031733 1			171,000.00	169,817.27	Nov-04-03	7.450%	CA - 95.00%	Paid Off - 360	Dec-27-02
41036088 1			156,000.00	155,281.90	Nov-05-03	9.990%	FL - 79.19%	Paid Off - 360	Nov-27-02
41044777 1			115,000.00	114,243.50	Nov-07-03	8.250%	CA - 62.16%	Paid Off - 360	Nov-30-02
41046491 1			230,000.00	228,421.57	Oct-16-03	7.500%	CA - 64.43%	Paid Off - 360	Dec-16-02
41046624 1			220,000.00	218,593.96	Nov-04-03	7.850%	CA - 80.00%	Paid Off - 360	Dec-16-02
41047317 1			86,000.00	85,491.68	Oct-14-03	8.250%	MI - 68.80%	Paid Off - 360	Dec-12-02
41047606 1			211,500.00	209,978.63	Nov-04-03	7.250%	OR - 90.00%	Paid Off - 360	Dec-23-02
41071150 1			204,000.00	202,732.17	Oct-20-03	7.990%	CA - 59.13%	Paid Off - 360	Dec-26-02
41073511 1			255,000.00	253,415.15	Oct-30-03	7.990%	CA - 85.00%	Paid Off - 360	Dec-17-02
41074816 1			82,500.00	82,122.65	Oct-29-03	9.500%	WI - 75.00%	Paid Off - 360	Dec-12-02
41079997 1			135,000.00	134,145.80	Oct-14-03	7.900%	MN - 85.44%	Paid Off - 360	Dec-18-02
41081274 1			144,000.00	143,328.16	Oct-20-03	9.400%	NJ - 80.00%	Paid Off - 360	Dec-23-02
41087487 1			105,000.00	104,455.63	Nov-03-03	9.500%	CA - 60.00%	Paid Off - 360	Nov-29-02
41098393 1			142,000.00	141,280.38	Nov-06-03	8.999%	NH - 59.17%	Paid Off - 360	Dec-30-02
41115460 1			128,000.00	127,199.29	Oct-21-03	7.990%	FL - 82.58%	Paid Off - 360	Dec-30-02
41130923 1			174,250.00	172,773.22	Oct-24-03	6.400%	IL - 85.00%	Paid Off - 360	Dec-04-02

					Page 22 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for November 25, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution



Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date

41133794 1			100,001.00	99,589.19	Oct-16-03	9.999%	RI - 79.37%	Paid Off - 360	Dec-13-02
41139809 1			140,675.00	139,749.63	Nov-04-03	8.250%	CA - 85.00%	Paid Off - 360	Nov-29-02
41150301 1			271,000.00	269,198.06	Oct-23-03	7.650%	NY - 88.85%	Paid Off - 360	Dec-11-02
41163270 1			128,700.00	128,043.81	Oct-27-03	9.500%	MI - 90.00%	Paid Off - 360	Dec-17-02
41166885 1			188,000.00	185,664.85	Oct-21-03	5.590%	CA - 80.00%	Paid Off - 360	Dec-24-02
41185943 1			183,125.00	182,481.78	Nov-10-03	10.750%	NJ - 74.75%	Paid Off - 360	Dec-17-02
41187022 1			240,000.00	238,466.21	Oct-17-03	7.850%	NY - 53.45%	Paid Off - 360	Dec-16-02
41188178 1			120,000.00	119,479.41	Oct-21-03	9.750%	CO - 70.59%	Paid Off - 360	Dec-13-02
41203449 1			190,000.00	188,711.48	Oct-15-03	7.550%	CA - 64.19%	Paid Off - 360	Dec-12-02
41204900 1			156,000.00	155,377.67	Oct-30-03	10.150%	NY - 65.00%	Paid Off - 360	Dec-13-02
41207598 1			136,000.00	135,362.06	Oct-21-03	9.900%	FL - 82.42%	Paid Off - 360	Nov-30-02
41208497 1			50,000.00	49,793.30	Oct-16-03	10.500%	KY - 61.73%	Paid Off - 360	Dec-17-02
41213398 1			50,000.00	45,564.13	Oct-24-03	8.990%	MO - 43.48%	Paid Off - 360	Dec-23-02
41216995 1			160,000.00	159,440.03	Nov-04-03	10.775%	NY - 39.51%	Paid Off - 360	Dec-11-02
41221565 1			264,000.00	262,359.29	Nov-04-03	7.990%	NY - 77.65%	Paid Off - 360	Dec-30-02
41225434 1			79,050.00	78,583.61	Nov-07-03	8.250%	CT - 85.00%	Paid Off - 360	Dec-11-02
41226036 1			229,500.00	228,504.45	Oct-24-03	9.750%	KY - 90.00%	Paid Off - 360	Dec-31-02
41229113 1			169,000.00	167,949.64	Oct-31-03	7.990%	IL - 66.28%	Paid Off - 360	Dec-19-02
41232588 1			195,500.00	194,438.11	Nov-04-03	8.659%	MN - 85.00%	Paid Off - 360	Dec-30-02
41234022 1			226,000.00	224,029.27	Nov-05-03	6.250%	CA - 83.40%	Paid Off - 360	Dec-11-02
41241217 1			178,500.00	176,590.84	Nov-03-03	9.365%	MA - 84.20%	Paid Off - 360	Dec-26-02
41242686 1			271,000.00	268,449.19	Oct-28-03	5.950%	MA - 58.16%	Paid Off - 360	Dec-18-02
41247578 1			85,000.00	84,445.83	Oct-31-03	7.750%	FL - 73.91%	Paid Off - 360	Dec-17-02
41256264 1			108,000.00	107,080.32	Nov-04-03	6.500%	MN - 80.00%	Paid Off - 360	Dec-12-02
41277575 1			152,000.00	151,129.92	Oct-28-03	8.400%	MA - 74.15%	Paid Off - 360	Dec-09-02
41280165 1			125,800.00	125,011.87	Oct-28-03	7.950%	MA - 85.00%	Paid Off - 360	Dec-11-02
41285206 1			170,000.00	168,943.44	Oct-31-03	7.990%	MD - 68.00%	Paid Off - 360	Dec-23-02
41294273 1			101,250.00	100,940.64	Oct-24-03	11.399%	MA - 75.00%	Paid Off - 360	Dec-27-02
41295189 1			276,250.00	274,499.31	Nov-03-03	7.999%	HI - 85.00%	Paid Off - 360	Dec-17-02
41296716 1			225,000.00	223,860.03	Nov-07-03	9.000%	CA - 83.33%	Paid Off - 360	Dec-27-02
41297151 1			180,900.00	179,395.80	Oct-29-03	6.500%	CA - 90.00%	Paid Off - 360	Dec-17-02
41299249 1			196,000.00	195,006.83	Oct-28-03	8.999%	CA - 72.59%	Paid Off - 360	Dec-26-02
41333915 1			175,500.00	172,575.15	Oct-20-03	7.500%	CA - 88.64%	Paid Off - 240	Dec-18-02
41349812 1			105,750.00	105,045.70	Oct-21-03	7.999%	IL - 75.00%	Paid Off - 360	Dec-24-02
41351792 1			208,250.00	207,192.83	Nov-05-03	8.990%	CA - 85.00%	Paid Off - 360	Dec-24-02
41361239 1			90,400.00	89,880.31	Oct-22-03	8.900%	MI - 80.00%	Paid Off - 360	Dec-20-02
41367012 1			90,000.00	89,459.48	Oct-20-03	8.500%	MN - 66.67%	Paid Off - 360	Dec-23-02
41371444 1			172,500.00	171,521.31	Oct-28-03	8.450%	CA - 69.00%	Paid Off - 360	Dec-31-02
41372921 1			140,000.00	139,224.01	Nov-07-03	8.559%	CA - 79.55%	Paid Off - 360	Dec-30-02
41374596 1			297,000.00	295,663.74	Nov-04-03	9.575%	CT - 90.00%	Paid Off - 360	Dec-26-02
41377086 1			144,000.00	143,407.03	Nov-05-03	9.999%	RI - 77.84%	Paid Off - 360	Dec-18-02
41383837 1			137,000.00	136,106.89	Oct-31-03	7.750%	MN - 78.29%	Paid Off - 360	Dec-31-02
41951526 1			209,850.00	208,435.78	Nov-03-03	8.350%	AZ - 84.99%	Paid Off - 360	Jan-09-03
41987025 1			140,000.00	139,445.06	Nov-05-03	9.599%	CA - 40.00%	Paid Off - 360	Jan-21-03
42044743 1			147,600.00	147,060.97	Oct-30-03	9.990%	RI - 90.00%	Paid Off - 360	Jan-14-03
42078196 1			116,250.00	115,812.77	Oct-28-03	9.850%	RI - 75.00%	Paid Off - 360	Jan-08-03
42092643 1			113,050.00	112,541.72	Oct-31-03	8.990%	MN - 85.00%	Paid Off - 360	Jan-21-03
42385849 1			300,000.00	298,721.67	Nov-06-03	9.250%	CA - 84.51%	Paid Off - 360	Jan-21-03
42420067 1			167,000.00	166,013.23	Oct-27-03	9.525%	FL - 74.22%	Paid Off - 360	Jan-22-03
42554527 1			84,475.00	84,115.01	Oct-28-03	9.250%	AL - 89.87%	Paid Off - 360	Jan-27-03
36632966 2			136,000.00	134,779.74	Oct-21-03	8.450%	CA - 85.00%	Paid Off - 360	Jul-22-02
37169448 2			88,000.00	86,236.28	Oct-29-03	9.850%	TX - 80.00%	Paid Off - 240	Jul-30-02

					Page 23 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for November 25, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution



Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date

37603370 2			156,000.00	155,383.42	Oct-27-03	11.999%	ME - 80.00%	Paid Off - 360	Aug-02-02
37988813 2			115,000.00	113,902.90	Oct-22-03	7.750%	IA - 84.56%	Paid Off - 360	Aug-20-02
38014593 2			279,000.00	276,204.93	Nov-04-03	7.500%	CA - 88.57%	Paid Off - 360	Aug-27-02
38189825 2			250,750.00	248,886.57	Oct-30-03	8.999%	NJ - 87.07%	Paid Off - 360	Aug-30-02
38232484 2			114,750.00	113,914.54	Nov-07-03	9.100%	NV - 90.00%	Paid Off - 360	Sep-03-02
38479986 2			175,950.00	174,077.94	Nov-03-03	6.759%	CO - 85.00%	Paid Off - 360	Sep-30-02
38619060 2			153,450.00	152,503.65	Oct-30-03	9.500%	MA - 90.00%	Paid Off - 360	Sep-23-02
38680609 2			288,000.00	286,480.58	Oct-23-03	10.250%	NY - 80.00%	Paid Off - 360	Sep-30-02
38699104 2			204,000.00	202,155.82	Oct-28-03	7.600%	IL - 85.00%	Paid Off - 360	Sep-18-02
38757134 2			150,000.00	149,287.51	Nov-04-03	10.750%	NM - 71.43%	Paid Off - 360	Sep-24-02
38775136 2			191,250.00	189,649.09	Nov-04-03	7.990%	CA - 85.00%	Paid Off - 360	Sep-24-02
38777322 2			101,250.00	99,548.13	Nov-07-03	9.875%	TX - 75.00%	Paid Off - 240	Sep-30-02
38804100 2			60,750.00	60,189.91	Nov-03-03	7.500%	MD - 90.00%	Paid Off - 360	Sep-30-02
38848099 2			96,000.00	95,336.01	Oct-30-03	7.999%	VT - 84.96%	Paid Off - 360	Nov-08-02
38870648 2			350,000.00	348,421.15	Nov-05-03	10.990%	NY - 68.63%	Paid Off - 360	Sep-27-02
38880670 2			55,000.00	54,733.24	Oct-30-03	10.650%	FL - 56.12%	Paid Off - 360	Sep-30-02
38962585 2			320,000.00	317,191.39	Oct-24-03	7.750%	NY - 80.00%	Paid Off - 360	Sep-27-02
38987418 2			73,600.00	73,048.64	Oct-27-03	10.139%	CA - 80.00%	Paid Off - 360	Sep-30-02
39018569 2			127,000.00	125,990.57	Oct-31-03	8.250%	MN - 77.44%	Paid Off - 360	Sep-30-02
39028691 2			197,100.00	194,860.47	Nov-07-03	8.150%	RI - 90.00%	Paid Off - 360	Oct-24-02
39050216 2			280,000.00	278,760.95	Oct-27-03	10.650%	NY - 84.85%	Paid Off - 360	Oct-08-02
39069885 2			176,250.00	174,588.14	Nov-06-03	7.150%	CA - 75.00%	Paid Off - 360	Oct-17-02
39109319 2			165,000.00	163,430.45	Oct-22-03	8.750%	MA - 75.00%	Paid Off - 360	Oct-17-02
39125687 2			195,000.00	193,598.33	Oct-17-03	8.750%	NY - 79.59%	Paid Off - 360	Sep-27-02
39150495 2			193,500.00	191,734.73	Oct-15-03	7.250%	CA - 90.00%	Paid Off - 360	Oct-11-02
39263298 2			266,250.00	264,588.49	Nov-05-03	8.999%	NJ - 75.00%	Paid Off - 360	Oct-31-02
39316583 2			140,800.00	140,085.44	Oct-28-03	10.000%	CT - 50.29%	Paid Off - 360	Oct-30-02
39324579 2			92,000.00	91,262.21	Nov-03-03	7.750%	IL - 80.00%	Paid Off - 360	Oct-04-02
39366372 2			210,150.00	208,698.83	Oct-21-03	8.500%	ME - 90.00%	Paid Off - 360	Oct-21-02
39373683 2			188,500.00	187,247.60	Oct-15-03	8.200%	CA - 65.00%	Paid Off - 360	Nov-27-02
39443809 2			223,200.00	221,734.72	Oct-28-03	8.750%	CA - 94.98%	Paid Off - 360	Oct-18-02
39448139 2			228,000.00	223,168.86	Oct-17-03	9.250%	MA - 80.00%	Paid Off - 360	Oct-31-02
39484050 2			105,000.00	104,651.67	Oct-22-03	11.990%	FL - 75.00%	Paid Off - 360	Oct-24-02
39523048 2			144,000.00	142,845.16	Oct-16-03	7.750%	CA - 90.00%	Paid Off - 360	Oct-23-02
39587225 2			112,500.00	111,598.13	Oct-28-03	7.250%	CA - 87.55%	Paid Off - 360	Nov-29-02
39610530 2			111,150.00	110,258.57	Nov-06-03	7.750%	RI - 95.00%	Paid Off - 360	Oct-24-02
39621206 2			93,500.00	92,898.46	Nov-06-03	8.850%	MI - 85.00%	Paid Off - 360	Oct-29-02
39637582 2			155,000.00	153,956.33	Nov-04-03	8.625%	NY - 56.36%	Paid Off - 360	Oct-17-02
39648415 2			80,000.00	79,395.20	Oct-31-03	7.550%	NJ - 80.00%	Paid Off - 360	Nov-21-02
39661335 2			84,000.00	83,581.18	Oct-30-03	10.650%	TX - 80.00%	Paid Off - 360	Oct-29-02
39664172 2			270,000.00	266,224.43	Oct-31-03	6.750%	CA - 81.82%	Paid Off - 360	Oct-29-02
39753470 2			176,000.00	174,856.22	Oct-29-03	8.800%	MI - 80.00%	Paid Off - 360	Oct-23-02
39758594 2			267,000.00	264,335.28	Oct-24-03	6.750%	CA - 92.87%	Paid Off - 360	Oct-25-02
39762596 2			140,000.00	138,868.92	Oct-31-03	7.750%	CO - 80.00%	Paid Off - 360	Oct-31-02
39809207 2			247,000.00	243,562.69	Oct-15-03	6.750%	IL - 88.21%	Paid Off - 360	Nov-22-02
39818042 2			228,500.00	226,443.04	Nov-05-03	6.650%	OH - 62.60%	Paid Off - 360	Nov-27-02
39848643 2			175,000.00	173,525.82	Oct-31-03	7.500%	WA - 81.78%	Paid Off - 360	Nov-04-02
39875620 2			176,000.00	173,853.53	Oct-30-03	7.999%	MA - 76.52%	Paid Off - 360	Oct-31-02
39915293 2			167,450.00	166,107.07	Oct-31-03	7.750%	MN - 85.00%	Paid Off - 360	Oct-30-02
39969233 2			188,800.00	187,131.10	Oct-29-03	7.450%	CA - 80.00%	Paid Off - 360	Oct-31-02
39988910 2			75,000.00	74,576.07	Oct-28-03	8.999%	VT - 56.39%	Paid Off - 360	Nov-30-02
40033029 2			115,400.00	111,793.97	Oct-31-03	6.500%	CA - 56.29%	Paid Off - 240	Oct-31-02

					Page 24 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for November 25, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution



Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date

40037855 2			217,500.00	216,140.25	Nov-05-03	8.990%	CA - 69.05%	Paid Off - 360	Oct-31-02
40057135 2			283,500.00	281,226.51	Nov-07-03	7.750%	NY - 90.00%	Paid Off - 360	Oct-28-02
40084543 2			122,800.00	122,256.58	Oct-31-03	10.650%	NY - 72.24%	Paid Off - 360	Oct-31-02
40104879 2			183,750.00	182,662.76	Oct-31-03	9.259%	NJ - 75.00%	Paid Off - 360	Nov-29-02
40105678 2			275,000.00	271,716.09	Nov-07-03	7.500%	CA - 84.88%	Paid Off - 360	Nov-06-02
40120826 2			172,800.00	168,879.18	Oct-29-03	6.990%	MD - 86.40%	Paid Off - 240	Nov-18-02
40164261 2			192,500.00	190,624.63	Oct-22-03	6.750%	IL - 58.87%	Paid Off - 360	Oct-31-02
40172215 2			499,000.00	495,724.23	Nov-06-03	8.750%	CA - 58.71%	Paid Off - 360	Oct-31-02
40262990 2			394,000.00	391,270.14	Oct-22-03	7.990%	CA - 85.65%	Paid Off - 360	Nov-26-02
40308587 2			184,000.00	182,404.88	Oct-16-03	6.850%	CA - 80.00%	Paid Off - 360	Nov-08-02
40328908 2			81,000.00	80,627.54	Oct-27-03	9.999%	FL - 79.41%	Paid Off - 360	Nov-19-02
40336075 2			300,000.00	298,304.46	Oct-30-03	8.999%	PA - 33.71%	Paid Off - 360	Nov-29-02
40437998 2			50,000.00	49,846.91	Oct-21-03	11.900%	MI - 49.02%	Paid Off - 360	Nov-29-02
40578718 2			200,800.00	196,539.15	Oct-31-03	10.500%	MA - 79.06%	Paid Off - 360	Nov-29-02
40607822 2			119,000.00	118,240.48	Oct-21-03	8.400%	IL - 85.00%	Paid Off - 360	Nov-15-02
40622458 2			115,550.00	114,575.62	Oct-30-03	6.990%	AL - 84.34%	Paid Off - 360	Nov-22-02
40631418 2			77,400.00	77,020.63	Nov-07-03	10.650%	OH - 90.00%	Paid Off - 360	Nov-29-02
40633117 2			232,500.00	230,539.59	Nov-06-03	6.990%	CA - 94.90%	Paid Off - 360	Nov-29-02
40646689 2			194,225.00	193,447.20	Oct-27-03	10.650%	IL - 84.81%	Paid Off - 360	Nov-22-02
40760340 2			80,000.00	79,747.11	Oct-31-03	11.750%	FL - 29.96%	Paid Off - 360	Nov-29-02
40819203 2			81,600.00	81,063.20	Oct-27-03	8.250%	FL - 85.00%	Paid Off - 360	Nov-25-02
40926354 2			111,600.00	111,000.90	Nov-04-03	9.250%	IL - 60.00%	Paid Off - 360	Nov-19-02
40931990 2			56,000.00	54,841.71	Oct-15-03	5.850%	IN - 71.80%	Paid Off - 240	Dec-31-02
40976235 2			469,800.00	465,807.92	Oct-14-03	6.950%	CA - 90.00%	Paid Off - 360	Nov-26-02
40986986 2			360,000.00	357,699.37	Oct-17-03	7.850%	CA - 62.07%	Paid Off - 360	Dec-26-02
41000589 2			253,750.00	251,280.63	Oct-22-03	6.250%	HI - 72.50%	Paid Off - 360	Nov-29-02
41022831 2			139,500.00	138,379.75	Oct-21-03	7.259%	CA - 90.00%	Paid Off - 360	Nov-29-02
41023953 2			211,000.00	209,755.17	Oct-20-03	8.250%	NJ - 78.15%	Paid Off - 360	Dec-30-02
41037219 2			136,000.00	135,199.06	Oct-23-03	8.259%	WA - 56.20%	Paid Off - 360	Dec-13-02
41041435 2			158,500.00	153,988.48	Oct-13-03	7.250%	CA - 70.44%	Paid Off - 180	Dec-09-02
41042888 2			57,000.00	56,605.74	Nov-04-03	7.999%	MN - 71.25%	Paid Off - 360	Nov-30-02
41066614 2			120,000.00	119,390.76	Oct-31-03	8.990%	MN - 80.00%	Paid Off - 360	Dec-20-02
41087602 2			117,000.00	116,203.11	Nov-03-03	8.000%	MN - 80.69%	Paid Off - 360	Dec-27-02
41092321 2			331,500.00	329,439.79	Nov-03-03	7.990%	CA - 85.00%	Paid Off - 360	Dec-19-02
41101106 2			201,450.00	197,458.74	Oct-28-03	7.250%	ME - 85.00%	Paid Off - 240	Nov-30-02
41125592 2			200,001.00	198,046.63	Oct-24-03	7.250%	MA - 70.18%	Paid Off - 360	Dec-30-02
41127549 2			190,000.00	188,819.17	Nov-04-03	7.990%	CA - 65.52%	Paid Off - 360	Dec-17-02
41183518 2			87,200.00	86,922.83	Oct-16-03	11.250%	MN - 47.14%	Paid Off - 360	Dec-27-02
41185232 2			350,000.00	347,602.85	Nov-03-03	7.500%	FL - 50.00%	Paid Off - 360	Dec-30-02
41199621 2			68,000.00	67,700.12	Oct-24-03	10.199%	FL - 80.00%	Paid Off - 360	Dec-05-02
41201823 2			193,500.00	192,358.37	Oct-16-03	8.250%	CO - 90.00%	Paid Off - 360	Dec-11-02
41203779 2			95,000.00	94,317.87	Oct-20-03	7.530%	IL - 54.29%	Paid Off - 360	Dec-09-02
41207481 2			84,800.00	84,324.32	Oct-31-03	8.500%	CA - 80.00%	Paid Off - 360	Dec-23-02
41219023 2			50,400.00	50,159.90	Oct-17-03	9.300%	TN - 70.00%	Paid Off - 360	Dec-23-02
41222514 2			145,600.00	144,412.31	Oct-16-03	6.600%	CO - 80.00%	Paid Off - 360	Dec-13-02
41241902 2			191,250.00	189,976.04	Nov-10-03	8.500%	CA - 74.42%	Paid Off - 360	Dec-20-02
41295064 2			112,500.00	111,952.98	Oct-28-03	9.200%	MI - 90.00%	Paid Off - 360	Dec-24-02
41308404 2			115,500.00	114,858.57	Nov-10-03	8.550%	FL - 68.75%	Paid Off - 360	Dec-18-02
41325796 2			234,900.00	228,066.59	Nov-10-03	6.990%	CO - 90.00%	Paid Off - 180	Dec-10-02
41341157 2			190,000.00	188,763.60	Oct-28-03	7.759%	RI - 71.70%	Paid Off - 360	Dec-24-02
41349580 2			127,300.00	126,548.94	Oct-23-03	8.250%	MN - 95.00%	Paid Off - 360	Dec-27-02
41385717 2			65,000.00	63,218.45	Oct-20-03	7.699%	MA - 52.00%	Paid Off - 180	Dec-23-02

					Page 25 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for November 25, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution



Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date

41417320 2			150,000.00	149,238.48	Oct-31-03	8.990%	NJ - 63.83%	Paid Off - 360	Dec-30-02
41417627 2			327,000.00	322,187.19	Oct-30-03	7.450%	CA - 54.50%	Paid Off - 360	Dec-17-02
41426719 2			120,000.00	118,675.39	Oct-28-03	8.250%	MA - 75.00%	Paid Off - 360	Dec-24-02
41429531 2			212,500.00	211,421.19	Nov-05-03	8.990%	MN - 85.00%	Paid Off - 360	Dec-26-02
41433426 2			178,400.00	177,347.56	Oct-20-03	8.250%	CA - 80.00%	Paid Off - 360	Dec-31-02
41435652 2			500,000.00	489,819.86	Nov-05-03	6.990%	MA - 83.61%	Paid Off - 360	Dec-26-02
41450362 2			297,000.00	294,752.72	Oct-16-03	6.990%	NY - 90.00%	Paid Off - 360	Dec-13-02
41457706 2			115,000.00	114,386.80	Oct-30-03	8.750%	UT - 79.31%	Paid Off - 360	Dec-19-02
41460098 2			144,000.00	141,999.98	Oct-28-03	8.999%	RI - 75.79%	Paid Off - 240	Dec-31-02
41468521 2			164,000.00	163,210.77	Oct-16-03	9.250%	WA - 64.06%	Paid Off - 360	Dec-26-02
41468778 2			105,000.00	104,199.31	Nov-10-03	6.950%	CA - 75.00%	Paid Off - 360	Dec-17-02
41476227 2			233,000.00	231,323.96	Oct-20-03	7.250%	NY - 82.62%	Paid Off - 360	Dec-18-02
41479213 2			210,000.00	208,411.02	Nov-04-03	6.990%	CA - 71.19%	Paid Off - 360	Dec-24-02
41485699 2			117,600.00	117,115.82	Nov-03-03	10.000%	CA - 80.00%	Paid Off - 360	Dec-31-02
41488313 2			316,800.00	314,651.56	Nov-04-03	7.550%	MD - 90.00%	Paid Off - 360	Dec-30-02
41507351 2			212,600.00	211,345.73	Oct-15-03	8.250%	MD - 82.40%	Paid Off - 360	Dec-31-02
41509662 2			399,500.00	397,412.21	Oct-30-03	8.250%	NJ - 85.00%	Paid Off - 360	Jan-14-03
41512583 2			111,000.00	110,494.73	Oct-15-03	9.525%	CA - 76.55%	Paid Off - 360	Dec-31-02
41517004 2			155,800.00	154,513.90	Oct-14-03	7.500%	MN - 95.00%	Paid Off - 360	Dec-24-02
41520701 2			90,000.00	89,447.31	Oct-20-03	8.050%	MI - 90.00%	Paid Off - 360	Dec-18-02
41523804 2			199,800.00	198,766.76	Oct-24-03	8.900%	CT - 90.00%	Paid Off - 360	Dec-24-02
41524620 2			89,500.00	88,719.56	Oct-31-03	6.250%	RI - 68.85%	Paid Off - 360	Dec-31-02
41530395 2			287,000.00	282,497.05	Oct-16-03	7.250%	NJ - 55.73%	Paid Off - 360	Dec-30-02
41533209 2			245,000.00	243,693.70	Oct-31-03	8.750%	NY - 76.56%	Paid Off - 360	Dec-20-02
41533985 2			60,000.00	59,800.19	Oct-20-03	10.999%	AZ - 75.00%	Paid Off - 360	Dec-31-02
41534173 2			140,000.00	138,940.65	Nov-03-03	6.990%	CA - 32.94%	Paid Off - 360	Dec-30-02
41543216 2			485,000.00	481,330.22	Oct-29-03	6.990%	MA - 59.29%	Paid Off - 360	Dec-24-02
41549387 2			59,500.00	58,322.94	Nov-10-03	10.525%	NM - 85.00%	Paid Off - 360	Dec-18-02
41555657 2			131,400.00	128,815.40	Oct-20-03	7.999%	MA - 75.09%	Paid Off - 360	Dec-23-02
41564568 2			115,000.00	114,321.54	Nov-06-03	8.250%	NJ - 52.27%	Paid Off - 360	Dec-24-02
41564998 2			131,400.00	130,799.47	Oct-24-03	9.500%	OH - 90.00%	Paid Off - 360	Dec-31-02
41569518 2			175,500.00	174,914.36	Oct-15-03	10.990%	FL - 90.00%	Paid Off - 360	Dec-31-02
41571977 2			250,000.00	248,569.00	Oct-16-03	8.400%	HI - 90.91%	Paid Off - 360	Dec-30-02
41579376 2			166,250.00	165,006.60	Nov-03-03	7.050%	CA - 95.00%	Paid Off - 360	Dec-18-02
41580713 2			110,000.00	109,281.98	Oct-17-03	7.750%	NY - 26.51%	Paid Off - 360	Dec-18-02
41582396 2			74,000.00	73,605.45	Nov-05-03	8.750%	FL - 89.16%	Paid Off - 360	Dec-30-02
41590225 2			216,000.00	214,520.61	Oct-23-03	7.500%	CA - 90.00%	Paid Off - 360	Dec-31-02
41594623 2			160,200.00	158,249.16	Oct-27-03	7.350%	MA - 90.00%	Paid Off - 360	Dec-27-02
41599259 2			100,800.00	100,207.58	Oct-17-03	8.400%	CT - 90.00%	Paid Off - 360	Dec-30-02
41601006 2			185,000.00	184,450.02	Nov-10-03	11.525%	NY - 53.62%	Paid Off - 360	Dec-17-02
41602483 2			50,000.00	49,758.74	Oct-30-03	9.250%	IA - 71.43%	Paid Off - 360	Dec-20-02
41617820 2			342,000.00	340,263.82	Nov-05-03	8.990%	NY - 90.00%	Paid Off - 360	Dec-24-02
41619792 2			148,750.00	147,956.88	Oct-21-03	8.750%	CA - 82.64%	Paid Off - 360	Dec-30-02
41625369 2			450,000.00	445,913.62	Oct-23-03	6.650%	OH - 90.00%	Paid Off - 360	Dec-31-02
41627605 2			204,000.00	203,067.72	Oct-15-03	9.500%	CA - 80.63%	Paid Off - 360	Dec-31-02
41634015 2			127,000.00	126,322.88	Oct-23-03	8.750%	RI - 79.38%	Paid Off - 360	Dec-30-02
41648338 2			151,620.00	150,831.94	Oct-16-03	8.875%	OH - 72.89%	Paid Off - 360	Dec-31-02
41650680 2			215,000.00	213,089.40	Oct-27-03	6.150%	MA - 62.32%	Paid Off - 360	Dec-30-02
41653148 2			265,350.00	263,439.02	Oct-15-03	7.250%	CA - 84.24%	Paid Off - 360	Dec-30-02
41654823 2			300,000.00	298,477.04	Oct-30-03	8.990%	CA - 60.00%	Paid Off - 360	Dec-31-02
41663824 2			210,000.00	209,055.93	Oct-20-03	8.990%	MN - 84.00%	Paid Off - 360	Dec-31-02
41666587 2			213,300.00	212,041.55	Nov-04-03	8.250%	NY - 90.00%	Paid Off - 360	Dec-31-02

					Page 26 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for November 25, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution



Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date

41667684 2			155,000.00	154,146.23	Oct-17-03	8.590%	NJ - 62.00%	Paid Off - 360	Dec-31-02
41672064 2			85,000.00	84,472.62	Nov-04-03	7.999%	OH - 89.47%	Paid Off - 360	Dec-31-02
41674276 2			54,600.00	54,461.36	Nov-04-03	12.250%	AZ - 65.00%	Paid Off - 360	Dec-26-02
41674359 2			361,250.00	359,223.64	Oct-15-03	8.500%	IL - 85.00%	Paid Off - 360	Dec-31-02
41676370 2			112,500.00	111,690.78	Oct-31-03	7.250%	PA - 68.18%	Paid Off - 360	Dec-27-02
41686403 2			71,250.00	70,977.99	Nov-05-03	10.359%	PA - 75.00%	Paid Off - 360	Dec-27-02
41686452 2			150,100.00	149,112.89	Oct-30-03	7.710%	FL - 95.00%	Paid Off - 360	Dec-18-02
41702184 2			295,000.00	293,028.74	Oct-31-03	7.625%	CO - 72.84%	Paid Off - 360	Dec-24-02
41711961 2			90,000.00	89,514.93	Oct-31-03	9.250%	IL - 90.00%	Paid Off - 360	Dec-27-02
41713744 2			182,550.00	181,103.16	Nov-06-03	6.750%	IL - 71.59%	Paid Off - 360	Dec-31-02
41714593 2			187,000.00	185,896.82	Nov-06-03	8.250%	CA - 85.00%	Paid Off - 360	Dec-31-02
41719659 2			266,000.00	263,033.78	Nov-03-03	6.800%	NJ - 74.93%	Paid Off - 360	Dec-27-02
41726092 2			202,000.00	200,873.40	Oct-31-03	8.999%	NJ - 57.88%	Paid Off - 360	Dec-31-02
41726142 2			180,000.00	178,533.26	Oct-28-03	6.990%	CA - 76.60%	Paid Off - 360	Dec-30-02
41726738 2			384,000.00	381,100.06	Nov-03-03	7.000%	CA - 80.00%	Paid Off - 360	Dec-18-02
41729039 2			175,500.00	174,698.01	Nov-04-03	9.500%	CA - 90.00%	Paid Off - 360	Dec-17-02
41733189 2			290,000.00	285,020.72	Oct-17-03	7.250%	NJ - 67.44%	Paid Off - 240	Dec-30-02
41763749 2			158,950.00	158,143.03	Oct-17-03	8.990%	LA - 85.00%	Paid Off - 360	Dec-31-02
41769969 2			147,200.00	146,141.13	Oct-28-03	7.250%	CA - 56.62%	Paid Off - 360	Dec-31-02
41771049 2			126,900.00	126,030.83	Oct-23-03	7.500%	TX - 90.00%	Paid Off - 360	Dec-17-02
41781998 2			134,000.00	133,512.26	Oct-31-03	10.590%	MA - 53.60%	Paid Off - 360	Dec-31-02
41782475 2			130,400.00	128,225.46	Oct-13-03	8.550%	MA - 62.10%	Paid Off - 360	Dec-30-02
41791419 2			209,700.00	207,460.60	Nov-06-03	7.750%	MD - 90.00%	Paid Off - 360	Dec-30-02
41792995 2			100,750.00	100,184.74	Oct-16-03	8.499%	ME - 83.96%	Paid Off - 360	Dec-17-02
41793340 2			77,250.00	76,898.81	Nov-03-03	9.525%	FL - 68.97%	Paid Off - 360	Dec-30-02
41793514 2			128,000.00	127,408.94	Oct-24-03	9.450%	NY - 80.00%	Paid Off - 360	Dec-20-02
41818899 2			234,000.00	232,948.00	Nov-03-03	8.990%	WI - 78.00%	Paid Off - 360	Jan-27-03
41825191 2			209,000.00	208,014.77	Oct-14-03	9.350%	CA - 95.00%	Paid Off - 360	Dec-31-02
41836768 2			161,000.00	160,225.20	Oct-28-03	9.250%	NJ - 70.00%	Paid Off - 360	Dec-30-02
41840232 2			375,000.00	372,838.29	Oct-14-03	8.365%	MN - 50.00%	Paid Off - 360	Dec-26-02
41841321 2			204,000.00	197,676.49	Oct-31-03	7.500%	MA - 85.00%	Paid Off - 360	Jan-27-03
41852211 2			121,500.00	120,949.20	Oct-29-03	9.500%	WI - 84.97%	Paid Off - 360	Jan-09-03
41855412 2			241,600.00	240,070.29	Nov-06-03	7.900%	CA - 80.00%	Paid Off - 360	Dec-31-02
41862046 2			100,000.00	99,433.29	Oct-24-03	8.450%	RI - 80.00%	Paid Off - 360	Dec-31-02
41868290 2			189,000.00	187,640.49	Oct-17-03	7.250%	MN - 90.00%	Paid Off - 360	Dec-30-02
41868977 2			154,500.00	153,321.06	Nov-04-03	7.500%	MN - 81.75%	Paid Off - 360	Dec-30-02
41892035 2			233,750.00	232,226.21	Oct-17-03	7.750%	NY - 85.00%	Paid Off - 360	Dec-31-02
41900515 2			100,001.00	99,622.54	Oct-31-03	10.400%	NY - 25.97%	Paid Off - 360	Dec-26-02
41910886 2			88,800.00	88,591.31	Oct-31-03	12.600%	NV - 60.00%	Paid Off - 360	Dec-31-02
41911595 2			100,000.00	99,124.56	Nov-04-03	8.659%	CA - 68.97%	Paid Off - 360	Dec-31-02
41938770 2			273,000.00	271,614.08	Oct-31-03	8.990%	CA - 79.13%	Paid Off - 360	Dec-31-02
41945353 2			125,100.00	124,293.98	Oct-27-03	8.650%	MO - 90.00%	Paid Off - 360	Jan-07-03
41946567 2			192,000.00	190,748.32	Nov-03-03	7.750%	WA - 79.34%	Paid Off - 360	Dec-31-02
41949652 2			109,550.00	108,869.14	Oct-31-03	7.990%	MN - 74.52%	Paid Off - 360	Dec-31-02
41960287 2			229,500.00	228,194.26	Oct-24-03	8.430%	CA - 88.95%	Paid Off - 360	Dec-31-02
41982828 2			176,000.00	175,153.03	Oct-22-03	9.250%	CA - 71.84%	Paid Off - 360	Dec-30-02
41993767 2			135,000.00	134,315.88	Oct-27-03	8.999%	IL - 90.00%	Paid Off - 360	Dec-31-02
42007005 2			210,000.00	207,944.72	Oct-21-03	6.800%	CA - 73.68%	Paid Off - 360	Dec-30-02
42010876 2			106,000.00	100,886.47	Oct-30-03	8.250%	MA - 35.33%	Paid Off - 180	Jan-23-03
42018671 2			257,550.00	255,904.12	Oct-28-03	7.850%	MA - 85.00%	Paid Off - 360	Dec-31-02
42034587 2			130,650.00	130,165.61	Oct-23-03	10.750%	MN - 65.00%	Paid Off - 360	Dec-31-02
42054080 2			187,000.00	186,310.96	Oct-22-03	10.525%	FL - 74.80%	Paid Off - 360	Dec-31-02

					Page 27 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for November 25, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution



Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date

42068379 2			84,000.00	83,664.27	Oct-22-03	9.559%	CA - 49.70%	Paid Off - 360	Jan-14-03
42069468 2			225,000.00	223,365.66	Oct-31-03	7.200%	CA - 90.00%	Paid Off - 360	Dec-31-02
42084848 2			135,000.00	134,443.02	Oct-30-03	9.990%	IL - 79.41%	Paid Off - 360	Dec-30-02
42101030 2			191,250.00	190,063.46	Nov-05-03	7.999%	CA - 85.00%	Paid Off - 360	Dec-31-02
42116897 2			187,000.00	186,002.98	Nov-10-03	8.750%	NY - 64.48%	Paid Off - 360	Dec-31-02
42180794 2			67,000.00	66,780.27	Oct-22-03	10.990%	NJ - 62.62%	Paid Off - 360	Jan-24-03
42236364 2			136,000.00	135,252.52	Nov-10-03	7.999%	IL - 80.00%	Paid Off - 360	Jan-24-03
42250068 2			213,750.00	209,102.68	Oct-31-03	9.990%	MA - 75.00%	Paid Off - 360	Jan-24-03
42266528 2			184,500.00	183,672.08	Oct-21-03	8.999%	RI - 90.00%	Paid Off - 360	Jan-17-03
42325985 2			65,000.00	64,660.27	Oct-30-03	8.250%	UT - 56.52%	Paid Off - 360	Jan-17-03
42342352 2			86,000.00	85,761.23	Oct-29-03	11.275%	WI - 73.50%	Paid Off - 360	Jan-21-03
42389130 2			280,500.00	279,215.47	Nov-10-03	8.900%	CA - 85.00%	Paid Off - 360	Jan-15-03
42436816 2			114,000.00	113,186.36	Oct-30-03	8.100%	CO - 54.29%	Paid Off - 360	Jan-22-03
42437426 2			81,600.00	81,279.98	Nov-03-03	9.650%	CT - 84.12%	Paid Off - 360	Jan-22-03


					Page 28 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Realized Loss Report for November 25, 2003 Distribution


	Realized Loss Report - Collateral


COLLATERAL REALIZED LOSSES						GROUP 2	GROUP 1	TOTAL

	*Current*
	Number of Loans Liquidated					2	1	3
	Collateral Realized Loss/(Gain) Amount					65,456.99	8,526.98	73,983.97
	Net Liquidation Proceeds					153,867.24	85,453.48	239,320.72

	*Cumulative*
	Number of Loans Liquidated					4	4	8
	Collateral Realized Loss/(Gain) Amount					131,628.24	39,553.51	171,181.75
	Net Liquidation Proceeds					643,938.12	446,991.60	1,090,929.72

	Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.

SPACE INTENTIONALLY LEFT BLANK


	Group 1						3 Months Moving Average
	Group 2

Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation


				Page 29 of 33				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities, Inc. 2003-1
	Mortgage Pass-Through Certificates

	Realized Loss Report for November 25, 2003 Distribution


	Realized Loss Report - Collateral


DEFAULT SPEEDS						GROUP 2	GROUP 1	TOTAL

	MDR					0.03%	0.02%	0.02%
	3 Months Avg MDR					0.01%	0.02%	0.01%
	12 Months Avg MDR
	Avg MDR Since Cut-off					0.01%	0.01%	0.01%

	CDR					0.31%	0.20%	0.26%
	3 Months Avg CDR					0.14%	0.21%	0.17%
	12 Months Avg CDR
	Avg CDR Since Cut-off					0.11%	0.11%	0.11%

	SDA					1.47%	0.95%	1.26%
	3 Months Avg SDA Approximation					0.75%	1.15%	0.91%
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation					0.88%	0.85%	0.86%

	Loss Severity Approximation for Current Period
	3 Months Avg Loss Severity Approximation
	12 Months Avg Loss Severity Approximation
	Avg Loss Severity Approximation Since Cut-off

	Group 1
	Group 2
CDR by Groups					Total CDR


SDA by Groups					Total SDA


				Page 30 of 33				© COPYRIGHT 2003 Deutsche Bank

AMERIQUEST MORTGAGE SEC INC AST BACK PS THR CERT SER 2003-1 8-K