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: August 25, 1998
ADVANTA Revolving Home Equity Loan Trust 1998-A
New York 333-37107-04 "Pending"
c/o ADVANTA Mortgage Corp., USA
Attn: William P. Garland
16875 West Bernardo Drive
San Diego, Ca 92127
(619) 674-1800
Item 5. Other Events
Information relating to the distributions to Certificate holders
for the July, 1998 Monthly Period of the Trust in respect of
the Revolving Home Equity Loan Pass-Through Certificates,
Series 1998-A, Class A (the "Certificates") issued by the Registrant
and the performance of the Trust (including distributions of principal
and interest, delinquent balances of Home Equity Loans,
and the Subordinated amount remaining), together with certain other
information relating to the certificates, is contained in the
Monthly Report for the Monthly Period provided to certificateholders
pursuant to the Pooling and Servicing Agreement (the "Agreement")
dated as of June 1, 1998 between ADVANTA Mortgage Corp.,
USA as Servicer, and Bankers Trust Company, as Trustee.
Item 7. Financial Statements, Exhibits
Exhibit No. Exhibit
1. Monthly Report for the July, 1998 Monthly
Period relating to the Revolving Home Equity
Loan Pass-Through Certificates Series 1998-A,
Class A issued by the ADVANTA Revolving
Home Equity Loan Trust 1998-A.
EXHIBIT INDEX
Exhibit
1. Monthly Report for the July, 1998 Monthly
Period relating to the Revolving Home Equity Loan
Loan Pass-Through Certificates, Series 1998-A,
Class A issued by the ADVANTA Revolving
Home Equity Loan Trust 1998-A.
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 thereunto duly authorized.
ADVANTA Revolving Home Equity Loan Trust 1998-A
BY: ADVANTA Mortgage Corp., USA
BY: /s/ William P. Garland
William P. Garland
Senior Vice President
Loan Service Administration
August 31, 1998
<TABLE>
EXHIBIT 1
ADVANTA Revolving Home Equity Loan Trust 1998-A
Statement to Certificateholders
<CAPTION>
Original Prior
Face Principal
Class Value Balance Interest Principal Total
<S> <C> <C> <C> <C> <C>
A 80,000,000 79,183,673 371,6 573,51 945,156.54
Totals 80,000,000 79,183,673 371,6 573,51 945,156.54
</TABLE>
<TABLE>
<CAPTION>
Current Pass-Through
Realized Deferred Principal Rates
Class Losses Interest Balance Current Next
<S> <C> <C> <C> <C> <C>
A 78,610,155 5.826250% 5.818440%
Totals 78,610,155.05
</TABLE>
<TABLE>
<CAPTION>
Prior Current
Principal Principal
Class CUSIP Balance Interest Principal Total Balance
<S> <C> <C> <C> <C> <C> <C>
A 00757CAC2 989.795918 4.645477 7.16898 11.8 982.626938
</TABLE>
<TABLE>
Delinquent Loan Information:
<CAPTION>
90+ Days Loans Loans
30-59 60-89 excldg f/c,REO in in
Days Days & Bkrptcy REO Foreclosure
<S> <C> <C> <C> <C> <C>
Group 1 Principal Balanc 346,5 40,4
% of Pool Balanc 0.42750% 0.04990% 0.00000% 0.00000% 0.00000%
Number of Loans 12 2 0 0 0
Loans in Bankrup Group 1 -
<S> <C> <C> <C>
Servicing Fee Due and Payable for Period: 34,0
Insurance Premiums Due for Period: 11,2
Indenture Trustee Fee Due for Period: 1,0
Owner Trustee Fee Due for Period:
Net Funds Cap Carry-Forward Amount:
Unpaid Class A Note Interest Shortfall Amount:
The Amount of Insured Payment Made this Period:
Total Substitution Amount
Total Loan Purchase Price Amount 247,04
Book Value or REO Properties:
The Step-Down Amount
The Originator Interest Amount 2,448,979
The Non-Subordinated Originator's Interest Amount
Accelerated Principal Payment
Overcollateralization Deficit
Beginning Pool Balance 81,632,653.
Ending Pool Balance 81,059,134.
<CAPTION>
<S> <S> <C> <C> <C>
Pre-Funding Account:
Beginning Account Balance
Withdrawals relating to Subsequent Loans
Withdrawals relating to Pre-funding Period Termi
Ending Account Balance
Interest Earnings Deposited to Certificate Accou
Capitalized Interest Account
Beginning Account Balance
Deposit of Interest Earnings
Additional Deposit from Depositor
Withdrawal of Capitalized Interest Requirement
Ending Account Balance
</TABLE>
