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: November 27, 2000 ADVANTA Mortgage Loan Trust 2000-2 New York 333-92669-03 "Pending" c/o ADVANTA Mortgage Corp., USA Attn: H. John Berens 10790 Rancho Bernardo Road San Diego, Ca 92127 (858) 676-3099 Item 5. Other Events Information relating to the distributions to Certificate holders for the October, 2000 Monthly Period of the Trust in respect of the Mortgage Loan Asset-Backed Certificates, Series 2000-2 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 August 1, 2000 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 October 2000 Monthly period relating to the Mortgage Loan Asset- Backed Certificates, Series 2000-2, issued by the ADVANTA Mortgage Loan Trust 2000-2. EXHIBIT INDEX Exhibit 1. Monthly Report for the October 2000 Monthly Period relating to the Mortgage Loan Asset-Backed Certificates, Series 2000-2, issued by the ADVANTA Mortgage Loan Trust 2000-2. 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 Mortgage Loan Trust 2000-2 ADVANTA Mortgage Corp., USA BY: /s/ H. John Berens BY: H. John Berens Senior Vice President Advanta Mortgage November 30, 2000 EXHIBIT 1

ADVANTA Mortgage Loan Trust 2000-2 Statement to Certificateholders Distribution in Dollars - Current Period Prior Class Original Principal Total Class Type Face Value Balance Interest Principal Distribution A-1 FLT 258,839,000 ~~253~~247,~~421~~919,~~947~~525 1,~~428~~536,0027 59,~~502~~956,49 611,~~930~~493,42248 A-2 SEQ 54,646,00 54,646,00 346,5 346,5 A-3 SEQ 123,250,000 123,250,000 797,016.67 797,0 A-4 STEP 83,139,00 83,139,00 549,410.23 549,4 A-5 STEP 64,854,00 64,854,00 445,871.25 445,8 A-6 STEP 65,000,00 65,000,00 418,166.67 418,1 B BS R-II R - Totals 649,728,000 ~~644~~638,~~310~~808,~~947~~525 34,~~985~~093,0128 59,~~502~~956,4 9 14,~~487~~050,44260

Current Realized Deferred Principal Class Losses Interest Balance A-1 ~~247~~237,~~919~~962,~~525~~551.2120 A-2 54,646,000.00 A-3 123,250,000.00 A-4 83,139,000.00 A-5 64,854,000.00 A-6 65,000,000.00 B - BS - R-II - Totals ~~638~~628,~~808~~851,~~525~~551.2120

Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face Orig. Principal Prior Period Period (with Notional) Principal Class Starting Ending Method Cusip Balance Balance A-1 A-Act/360 00755WHL3 258,839,000 ~~979~~957.0781 A-2 F-30/360 00755WHM1 54,646,00 1,000.000 A-3 F-30/360 00755WHN9 123,250,000 1,000.000 A-4 A-30/360 00755WHP4 83,139,00 1,000.000 A-5 A-30/360 00755WHQ2 64,854,00 1,000.000 A-6 A-30/360 00755WHR0 65,000,00 1,000.000 B - BS - R-II -

Current Total Principal Class Interest Principal Distribution Balance A-1 5 2138. 2644. ~~957~~919.~~813642~~345814 A-2 6 6 1,000.000000 A-3 6 6 1,000.000000 A-4 6 6 1,000.000000 A-5 6 6 1,000.000000 A-6 6 6 1,000.000000 B BS R-II

Distribution in Dollars - To Date Original Unscheduled Scheduled Total Total Class Face Value Interest Principal Principal Principal Distribution A-1 258,839,000 34,~~080~~616,58 1019,~~089~~627,2155 ~~830~~1,2248,89 1020,~~919~~876,4744 1425,~~000~~493,~~025~~274 A-2 54,646,00 ~~693~~1,039,6 ~~693~~1,0039,64 A-3 123,250,000 12,~~594~~391,0 12,~~594~~391,0305 A-4 83,139,00 1,~~098~~648,82 1,~~098~~648,8223 A-5 64,854,00 ~~891~~1,337,6 ~~891~~1,7337,61 A-6 65,000,00 ~~836~~1,254,5 ~~836~~1,3254,50 B BS R-II Totals 649,728,000 812,~~194~~287,585 1019,~~089~~627,2155 ~~830~~1,2248,89 1020,~~919~~876,4744 1933,~~114~~164,~~048~~308

Interest Detail Pass Prior Principal Non- Prior Unscheduled Through (with Notional) Accrued Supported Unpaid Interest Class Rate Balance Interest Interest SF Interest Adjustments A-1 6.~~76188~~76000% ~~253~~247,~~421~~919,~~947~~525 1,~~428~~536,02 A-2 7.61000% 54,646,00 346, A-3 7.76000% 123,250,000 797, A-4 7.93000% 83,139,00 549, A-5 8.25000% 64,854,00 445, A-6 7.72000% 65,000,00 418, B BS R-II Totals ~~644~~638,~~310~~808,~~947~~525 34,~~985~~093,02

Paid or Current Optimal Deferred Unpaid Class Interest Interest Interest A-1 1,~~428~~536,02 1,~~428~~536,02 - A-2 346, 346, - A-3 797, 797, - A-4 549, 549, - A-5 445, 445, - A-6 418, 418, - B - BS - R-II - Totals 34,~~985~~093,02 34,~~985~~093,02 -

Collection Account Report SUMMARY TOTAL Principal Collections 48,~~084~~517,5830 Principal Withdrawals Principal Other Accounts TOTAL PRINCIPAL 48,~~084~~517,5830 Interest Collected 5,~~644~~606,83 Interest Withdrawals Interest Other Accounts: Prepayment Penalties 90252,9 Interest Fees (~~332~~326,13 TOTAL INTEREST 5,~~402~~532,~~856~~952.8681 TOTAL AVAILABLE TO CERTIFICATEHOLDERS 914,~~487~~050,44260

PRINCIPAL-COLLECTIONS TOTAL Scheduled Principal ~~420~~418,~~616~~635.2237 Curtailments 7660,~~223~~683.2854 Prepayments In Full 37,~~587~~933,~~744~~471.4999 Repurchased Principal Amounts 0.00 Substitution Principal Accounts 0.00 Liquidations 0129,957.0073 Insurance Principal 0.00 Other Principal 0.00 Total Realized Loss of Principal 0(25,441.0025) TOTAL PRINCIPAL COLLECTED 48,~~084~~517,5830

INTEREST - COLLECTIONS TOTAL Scheduled Interest 5,~~700~~663,~~240~~564.5668 Repurchase Interest 0.00 Substitution Interest Amount 0.00 Liquidation Interest 01,001.0076 Insurance Interest 0.00 Other Interest 0.00 Delinquent Interest (1,~~223~~274,~~396~~343.5437) Interest Advanced 1,~~167~~216,~~987~~612.7375 Prepayment Interest Shortfalls 0.00 Compensating Interest 0.00 Civil Relief Act Shortfalls 0.00 TOTAL INTEREST COLLECTED 5,~~644~~606,~~831~~835.7582

INTEREST - FEES TOTAL Current Servicing Fees ~~216~~212,~~293~~269.2653 Trustee Fee Amount 4,~~075~~050.5300 Insurance Premium Amount ~~111~~110,~~791~~049.4902 TOTAL FEES ~~332~~326,~~160~~368.2855

STRUCTURAL FEATURES TOTAL Specified Overcollateralization Amount 12,745,098.04 Current Overcollateralization Amount 910,~~191~~606,~~849~~075.8523 Overcollateralization Deficiency Amount 43,~~971~~578,~~086~~689.1944 Overcollateralization Deficit Amount 0.00 Overcollateralization Increase Amount 1,~~417~~439,~~838~~666.0063 Overcollateralization Reduction Amount 0.00 Components of change in Overcollateralization* Excess Interest generated by Pool 1,~~417~~439,~~838~~666.0063 TOTAL 1,~~417~~439,~~838~~666.0063

Collateral Report COLLATERAL TOTAL Loan Count: Original 7,895 Prior 7,~~847~~797 Prefunding 0 Scheduled Paid Offs 0 Full Voluntary Prepayments (5091) Repurchases 0 Liquidations 0(1) Current 7,~~797~~705 Principal Balance: Original 656,296,189.92 Prior ~~652~~648,~~084~~000,~~959~~375.0506 Prefunding 0.00 Scheduled Principal (~~420~~418,~~616~~635.2237) Partial and Full Voluntary Prepayments (37,~~663~~994,~~967~~155.7753) Repurchases Liquidations (129,9 Current ~~648~~639,~~000~~457,~~375~~626.0643

CHARACTERISTICS TOTAL Weighted Average Coupon Original 10.490126% Weighted Average Coupon Prior 10.~~490126~~489873% Weighted Average Coupon Current 10.~~489873~~489932% Weighted Average Months to Maturity Original 223 Weighted Average Months to Maturity Prior ~~223~~222 Weighted Average Months to Maturity Current ~~222~~221 Weighted Avg Remaining Amortization Term Original 332 Weighted Avg Remaining Amortization Term Prior ~~332~~331 Weighted Avg Remaining Amortization Term Current ~~331~~330 Weighted Average Seasoning Original 8.87 Weighted Average Seasoning Prior 89.8785 Weighted Average Seasoning Current 910.8581

ARM CHARACTERISTICS TOTAL Weighted Average Margin Original 0.000% Weighted Average Coupon Prior 0.000% Weighted Average Coupon Current 0.000% Weighted Average Max Rate Original 10.490% Weighted Average Max Rate Prior 10.490% Weighted Average Max Rate Current 10.490% Weighted Average Min Rate Original 9.983% Weighted Average Min Rate Prior 9.~~983~~982% Weighted Average Min Rate Current 9.982% Weighted Average Cap Up Original 0.000% Weighted Average Cap Up Prior 0.000% Weighted Average Cap Up Current 0.000% Weighted Average Cap Down Original 0.000% Weighted Average Cap Down Prior 0.000% Weighted Average Cap Down Current 0.000%

SERVICING FEES / ADVANCES TOTAL Current Servicing Fees ~~216~~212,~~293~~269.2653 Delinquent Servicing Fees 5557,~~408~~730.8163 TOTAL SERVICING FEES ~~271~~270,~~702~~000.0716 Total Servicing Fees ~~271~~270,~~702~~000.0716 Compensating Interest 0.00 Delinquent Servicing Fees (5557,~~408~~730.8163) COLLECTED SERVICING FEES ~~216~~212,~~293~~269.2653 Prepayment Interest Shortfall 0.00 Total Advanced Interest 1,~~167~~216,~~987~~612.7375 Current Nonrecoverable Advances 0424.0036 Unreimbursed Advances paid to Servicer this period 0.00

ADDITIONAL COLLATERAL INFORMATION TOTAL Weighted Average Coupon Net 10.~~489932~~484985%

Delinquency Report - Total Current 1 Payment 2 Payments 3+ Payments Total DELINQUENT Balance 1418,~~927~~565,2490 4,~~600~~723,9610 ~~321~~1,186,9 1924,~~850~~475,~~013~~942 % Balance 2.3090% 0.7174% 0.0519% 3.0683% # Loans ~~217~~240 6266 413 ~~283~~319 % # Loans 23.7811% 0.8086% 0.0517% 34.6314% FORECLOSURE Balance 37 1,~~346~~231,9128 26,~~494~~430,39 37,~~841~~700,2116 % Balance 0.00% 0.0001% 0.2119% 01.3801% 01.5921% # Loans % # Loans 0.00% 0.0001% 0.1921% 0.3699% 01.5521% BANKRUPTCY Balance ~~968~~1,314,6 ~~146~~175, ~~143~~451,73 ~~200~~434, 12,~~459~~376,4415 % Balance 0.1521% 0.0203% 0.0207% 0.0307% 0.2238% # Loans 1217 2032 % # Loans 0.1522% 0.0403% 0.0309% 0.0408% 0.2642% REO Balance % Balance 0.00% 0.00% 0.00% 0.00% 0.00% # Loans % # Loans 0.00% 0.00% 0.00% 0.00% 0.00% TOTAL Balance ~~968~~1,314,6 1518,~~074~~779,1770 6,~~091~~405,6370 38,~~016~~052,71 2534,~~150~~552,~~676~~266 % Balance 0.1521% 2.3294% 01.9400% 01.4627% 35.8742% # Loans % # Loans 0.1522% 23.8215% 1.0216% 01.4524% 45.4477% Note: Current=0-29 days, 1 payment=30-59 days, 2 payments=60-89 days, 3+payments=90+

Prepayment Report - Voluntary Prepayments VOLUNTARY PREPAYMENTS TOTAL Current Number of Paid in Full Loans 5091 Number of Repurchased Loans Total Number of Loans Prepaid in Full 5091 Paid in Full Balance 37,~~587~~933,7447 Repurchased Loan Balance Curtailments Amount 7660,~~223~~683.2854 Total Prepayment Amount 37,~~663~~994,9615 Cumulative Number of Paid in Full Loans 97188 Number of Repurchased Loans 0 Total Number of Loans Prepaid in Full 97188 Paid in Full Balance 715,~~163~~097,59066 Repurchased Loan Balance Curtailments Amount ~~174~~234,~~044~~728.7125 Total Prepayment Amount 715,~~337~~331,63794

Prepayment Report - Voluntary Prepayments VOLUNTARY PREPAYMENTS RATES TOTAL SMM 01.5623% 3 Months Avg SMM 0.79% 12 Months Avg SMM Avg SMM Since Cut-off 0.5679% CPR 613.5485% 3 Months Avg CPR 9.04% 12 Months Avg CPR Avg CPR Since Cut-off 69.5304% PSA ~~332~~640.0952% 3 Months Avg PSA Approximation 458.99% 12 Months Avg PSA Approximation Avg PSA Since Cut-off Approximation ~~348~~458.8399%

Realized Loss Report - Collateral COLLATERAL REALIZED LOSSES TOTAL Current Number of Loans Liquidated 01 Collateral Realized Loss/Gain Amount 25, Net Liquidation Proceeds 104,5 Cumulative Number of Loans Liquidated 12 Collateral Realized Loss/Gain Amount 1237, Net Liquidation Proceeds ~~115~~220,50 Note: Collateral realized losses may include adjustments to loans liquidated in prior periods

Realized Loss Report - Collateral DEFAULT SPEEDS TOTAL MDR 0.0002% 3 Months Avg MDR 0.01% 12 Months Avg MDR Avg MDR Since Cut-off 0.01% CDR 0.0024% 3 Months Avg CDR 0.16% 12 Months Avg CDR Avg CDR Since Cut-off 0.1216% SDA 01.0011% 3 Months Avg SDA 0.80% 12 Months Avg SDA Avg SDA Since Cut-off 0.6280% Loss Serverity Approximation for Current Period 019.0058% 3 Months Avg Loss Severity Approximation 14.63% 12 Months Avg Loss Severity Approximation Avg Loss Severity Approximation Since Cut-off 914.6863%

ADJUSTABLE RATE CERTIFICATE INFORMATION TOTAL Next Pass-Through Rates for Adjustable Rate Certificate Class A-1 6.~~760000~~757500% Class A-5 8.250000% Class A-6 7.720000%

Filing Compare · ADVANTA MORTGAGE LOAN TRUST 2000 2