Advanced Financial renews Bank One loan agreement.

SHAWNEE, Kan.--(BUSINESS WIRE)--June 1, 1995--Advanced Financial Inc. (AMEX:AVF) announced that it has renewed its $17 million mortgage warehouse financing agreement with Bank One, Texas NA.

AFI utilizes the mortgage warehouse line of credit to fund mortgage loans originated by the company until they are accumulated and sold into the secondary market as mortgage pools. The loan agreement was originally negotiated with Bank One, Texas last year and is subject to periodic renewal.

Brad Morris, president of the AFI Mortgage Corp. subsidiary, commented: "We have been extremely pleased with our relationship with Bank One over the last year. They are a major lender to the mortgage banking industry, and they are a first-class organization with a great staff. They know our business inside and out, and that knowledge is always helpful as a basis for a lending arrangement. We look forward to working with them in the future as our financial partner for our mortgage origination funding needs."

Advanced Financial Inc. (AFI) is an American Stock Exchange-listed holding company with its principal operations conducted through the wholly owned AFI Mortgage Corp. (AFIM) subsidiary. AFIM is a full-service residential mortgage banking company originating and servicing single-family first and second mortgage loans.

AFIM has all approvals necessary to service mortgages for the Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corp. (FHLMC), Government National Mortgage Association (GNMA) and private investors in secondary mortgage markets.

CONTACT: Advanced Financial Inc., Shawnee

Brad Morris, 913/441-1160