ADVANCED FINANCIAL, INC.
                                 5425 Martindale
                              Shawnee, Kansas 66218



                THIS PROXY IS SOLICITED BY THE BOARD OF DIRECTORS
                           OF ADVANCED FINANCIAL, INC.


     The   undersigned   having   received  the  Notice  of  Annual  Meeting  of
Stockholders and Proxy Statement dated August 5, 1996, hereby appoints Norman L.
Peterson or his  designee  with full power of  substitution  and  revocation  to
represent  the  undersigned  and to vote all the shares of the  common  stock of
Advanced  Financial,  Inc. (the "Company")  which the undersigned is entitled to
vote at the annual  meeting  of the  Shareholders  of the  Company to be held on
September 6, 1996 and any postponement or adjournment thereof.

   (1)  ELECTION OF          For all nominees below          WITHHOLD
        DIRECTORS:           (except as marked to            AUTHORITY
                             the contrary)                   to vote for
                                           ----------        all nominees
                                                             below
                                                                  ----------
           NORMAN L. PETERSON, DANIEL STAROZEWSKI, THOMAS G. SCHLEICH,
                     STEVEN A. WHITE and WILLIAM E. MOFFATT.

INSTRUCTION:       To withhold authority to vote for any individual nominee,
                   draw a line through or otherwise strike out his name. If
                   authority is not withheld, the execution of this Proxy shall
                   be deemed to grant such authority.

     (2) PROPOSAL TO RATIFY AND APPROVE 1996 STOCK PLAN.

                  For             Against              Abstain
                     -------             -------              -------

     (3) IN HIS  DISCRETION,  THE PROXY IS  AUTHORIZED  TO VOTE UPON SUCH  OTHER
         BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING.

                  For             Against              Abstain
                     -------              -------              -------

     This  Proxy when  properly  executed  will be voted in the manner  directed
herein by the undersigned Shareholder.  If no direction is made, this Proxy will
be voted for all nominated Directors and for proposals 2 and 3.

     The  undersigned  hereby  revokes any proxies as to said shares  heretofore
given by the undersigned,  and ratifies and confirms all that said attorneys and
proxies may lawfully do by virtue hereof.






     THIS PROXY CONFERS DISCRETIONARY  AUTHORITY IN RESPECT TO MATTERS NOT KNOWN
OR DETERMINED AT THE TIME OF THE MAILING OF THE NOTICE OF THE ANNUAL  MEETING OF
SHAREHOLDERS TO THE UNDERSIGNED.


     The undersigned hereby acknowledges receipt of the Notice of Annual Meeting
of Shareholders and Proxy Statement furnished therewith.

     Dated:
           --------------------------

                                           -------------------------------------

                                           -------------------------------------
                                           Signature(s) of Shareholder(s)

                                           Signature(s) should  agree with the
                                           name(s) appearing  hereon. Executors,
                                           administrators, trustees, guardians 
                                           and attorneys should indicate when
                                           signing. Attorneys should submit
                                           powers of attorney.

     THIS PROXY IS  SOLICITED  ON BEHALF OF THE BOARD OF  DIRECTORS  OF ADVANCED
FINANCIAL,  INC. PLEASE SIGN AND RETURN THIS PROXY TO ADVANCED FINANCIAL,  INC.,
5425  MARTINDALE,  SHAWNEE,  KANSAS 66218. THE GIVING OF A PROXY WILL NOT AFFECT
YOUR RIGHT TO VOTE IN PERSON IF YOU ATTEND THIS MEETING.