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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial"><B>UNITED STATES</B></FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial"><B>WASHINGTON, D.C. 20549</B></FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial"><B>FORM 8-K</B></FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial"><B>CURRENT REPORT</B></FONT></TD>
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<TD COLSPAN=6 HEIGHT=15><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial">Pursuant to Section 13 or 15(d) of the</FONT></TD>
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<TD COLSPAN=6 HEIGHT=13><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial">Securities Exchange Act of 1934</FONT></TD>
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<TD COLSPAN=6 HEIGHT=16><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial">Date of Report (date of earliest event reported):</FONT></TD>
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<TD COLSPAN=6 HEIGHT=17><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial">July 20, 2004</FONT></TD>
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<TD COLSPAN=6 HEIGHT=15><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial"><B>Fleet Home Equity Loan, LLC</B></FONT></TD>
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<TD COLSPAN=6 HEIGHT=13><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial"><B><I>on behalf of </I></B></FONT></TD>
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<TD COLSPAN=6 HEIGHT=15><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial"><B>Fleet Home Equity Loan Trust 2003-1</B></FONT></TD>
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<TD COLSPAN=6 HEIGHT=9><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=2 FACE="Arial">(Exact Name of the Registrant as Specified in its charter)</FONT></TD>
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<TD NOWRAP ALIGN="CENTER"><FONT SIZE=3 FACE="Arial">Delaware</FONT></TD>
<TD NOWRAP ALIGN="CENTER"><FONT SIZE=3 FACE="Arial">Reg. No.333-53662</FONT></TD>
<TD NOWRAP ALIGN="CENTER"><FONT SIZE=3 FACE="Arial">04-3544150</FONT></TD>
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<TD NOWRAP ALIGN="CENTER"><FONT SIZE=2 FACE="Arial">(State or other jurisdiction of </FONT>
<BR><FONT SIZE=2 FACE="Arial">incorporation) </FONT></TD>
<TD NOWRAP ALIGN="CENTER"><FONT SIZE=2 FACE="Arial">(Commission File </FONT>
<BR><FONT SIZE=2 FACE="Arial">Number)</FONT></TD>
<TD NOWRAP ALIGN="CENTER"><FONT SIZE=2 FACE="Arial">(I.R.S. Employer </FONT>
<BR><FONT SIZE=2 FACE="Arial">Identification Number)</FONT></TD>
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<TD COLSPAN=6 HEIGHT=18><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial">100 Federal Street</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial">Boston, Massachusetts 02110</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=2 FACE="Arial">(Address of Principal Executive Offices)</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=3 FACE="Arial">(617) 434-2200</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=5><FONT SIZE=2 FACE="Arial">(Registrant's telephone number including area code)</FONT></TD>
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<TD NOWRAP COLSPAN=5><FONT SIZE=3 FACE="Arial"><B>Item 5. OTHER EVENTS</B></FONT></TD>
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<TD COLSPAN=6 HEIGHT=18><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP COLSPAN=5><FONT SIZE=3 FACE="Arial">Information for the </FONT><FONT SIZE=3 FACE="Arial">June 2004</FONT><FONT SIZE=3 FACE="Arial"> Monthly Period is presented for the Fleet Home Equity Loan </FONT>
<BR><FONT SIZE=3 FACE="Arial">Trust, Series 2003-1 Noteholders under the Sale and Servicing Agreement dated as of April </FONT>
<BR><FONT SIZE=3 FACE="Arial">15, 2003, between Fleet Home Equity Loan Trust 2003-1, a Delaware statutory trust, Fleet </FONT>
<BR><FONT SIZE=3 FACE="Arial">National Bank, a national banking association, as&nbsp;&nbsp;Seller and as Servicer, Fleet Home Equity </FONT>
<BR><FONT SIZE=3 FACE="Arial">Loan, LLC, a Delaware limited liability company, as Depositor, and U.S. Bank National </FONT>
<BR><FONT SIZE=3 FACE="Arial">Association, a national banking association, as Indenture Trustee.</FONT></TD>
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<TD COLSPAN=6 HEIGHT=55><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP COLSPAN=6><FONT SIZE=3 FACE="Arial"><B>Item 7. FINANCIAL STATEMENTS AND EXHIBITS</B></FONT></TD>
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<TD NOWRAP COLSPAN=6><FONT SIZE=3 FACE="Arial"><B>(c) EXHIBITS:</B></FONT></TD>
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<TD NOWRAP><FONT SIZE=3 FACE="Arial">20.</FONT></TD>
<TD NOWRAP COLSPAN=5 ROWSPAN=2><FONT SIZE=3 FACE="Arial">Monthly reports for the </FONT><FONT SIZE=3 FACE="Arial">June 2004</FONT><FONT SIZE=3 FACE="Arial"> Monthly&nbsp;&nbsp;Period relating to the Fleet Home Equity </FONT>
<BR><FONT SIZE=3 FACE="Arial">Loan Asset Backed Notes Series 2003-1.</FONT></TD>
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<TD COLSPAN=7 HEIGHT=35><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=6><FONT SIZE=3 FACE="Arial"><B>SIGNATURE</B></FONT></TD>
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<TD COLSPAN=7 HEIGHT=14><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP COLSPAN=6><FONT SIZE=3 FACE="Arial">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly </FONT>
<BR><FONT SIZE=3 FACE="Arial">caused this report to be signed on its behalf by the undersigned thereunto duly authorized. </FONT></TD>
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<TD COLSPAN=7 HEIGHT=26><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP COLSPAN=2><FONT SIZE=3 FACE="Arial">Fleet Home Equity Loan, LLC</FONT></TD>
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<TD COLSPAN=7 HEIGHT=13><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP COLSPAN=2><FONT SIZE=3 FACE="Arial"><I>on behalf of</I></FONT></TD>
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<TD COLSPAN=7 HEIGHT=13><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP COLSPAN=2><FONT SIZE=3 FACE="Arial">Fleet Home Equity Loan Trust 2003-1</FONT></TD>
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<TD COLSPAN=7 HEIGHT=14><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ROWSPAN=2><FONT SIZE=3 FACE="Arial">Date: </FONT></TD>
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<TD NOWRAP COLSPAN=2 ROWSPAN=2><FONT SIZE=3 FACE="Arial">By:</FONT>&#09;&#09;&#09;<FONT SIZE=3 FACE="Arial"><U>/s/ GRETCHEN HEFNER</U></FONT></TD>
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<TD NOWRAP><FONT SIZE=3 FACE="Arial">July 20, 2004</FONT></TD>
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<TD COLSPAN=7 HEIGHT=14><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP COLSPAN=2><FONT SIZE=3 FACE="Arial">Name:</FONT>&#09;&#09;<FONT SIZE=3 FACE="Arial">Gretchen Hefner</FONT></TD>
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<TD NOWRAP COLSPAN=2><FONT SIZE=3 FACE="Arial">Title:</FONT>&#09;&#09;<FONT SIZE=3 FACE="Arial">Vice President</FONT></TD>
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<TD COLSPAN=7 HEIGHT=121><FONT SIZE=1>&nbsp;</FONT></TD>
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<TD NOWRAP ALIGN="CENTER" COLSPAN=6><FONT SIZE=3 FACE="Arial">EXHIBIT INDEX</FONT></TD>
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<TD NOWRAP ROWSPAN=3><FONT SIZE=3 FACE="Arial">Sequential </FONT>
<BR><FONT SIZE=3 FACE="Arial">Page </FONT>
<BR><FONT SIZE=3 FACE="Arial">Number</FONT></TD>
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<TD NOWRAP COLSPAN=2><FONT SIZE=3 FACE="Arial">Exhibit</FONT></TD>
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<TD NOWRAP COLSPAN=3 ROWSPAN=4><FONT SIZE=3 FACE="Arial">Monthly reports for the </FONT><FONT SIZE=3 FACE="Arial">June 2004</FONT><FONT SIZE=3 FACE="Arial"> Monthly&nbsp;&nbsp;Period relating to the Fleet </FONT>
<BR><FONT SIZE=3 FACE="Arial">Home Equity Loan Asset Backed Notes Series 2003-1.</FONT></TD>
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<TD NOWRAP COLSPAN=2 ROWSPAN=2><FONT SIZE=3 FACE="Arial">20.</FONT></TD>
<TD NOWRAP ALIGN="CENTER"><FONT SIZE=3 FACE="Arial">3</FONT></TD>
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{"company-data": {"conformed-name": "FLEET HOME EQUITY LOAN LLC", "cik": "0001132154", "assigned-sic": "6189", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-53662", "film-number": "04921486"}, "business-address": {"street1": "100 FEDERAL STREET", "city": "BOSTON", "state": "MA", "zip": "02110", "phone": "6174342200"}, "mail-address": {"street1": "100 FEDERAL STREET", "city": "BOSTON", "state": "MA", "zip": "02110"}, "former-company": {"former-conformed-name": "FLEET HOME EQUITY LOAN CORP", "date-changed": "20010110"}}
Crystal Report Viewer
UNITED STATES
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):
July 20, 2004
Fleet Home Equity Loan, LLC
on behalf of
Fleet Home Equity Loan Trust 2003-1
(Exact Name of the Registrant as Specified in its charter)
Delaware
Reg. No.333-53662
04-3544150
(State or other jurisdiction of
incorporation)
(Commission File
Number)
(I.R.S. Employer
Identification Number)
100 Federal Street
Boston, Massachusetts 02110
(Address of Principal Executive Offices)
(617) 434-2200
(Registrant's telephone number including area code)
Item 5. OTHER EVENTS
Information for the
June 2004
Monthly Period is presented for the Fleet Home Equity Loan
Trust, Series 2003-1 Noteholders under the Sale and Servicing Agreement dated as of April
15, 2003, between Fleet Home Equity Loan Trust 2003-1, a Delaware statutory trust, Fleet
National Bank, a national banking association, as  Seller and as Servicer, Fleet Home Equity
Loan, LLC, a Delaware limited liability company, as Depositor, and U.S. Bank National
Association, a national banking association, as Indenture Trustee.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS:
20.
Monthly reports for the
June 2004
Monthly  Period relating to the Fleet Home Equity
Loan Asset Backed Notes Series 2003-1.
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.
Fleet Home Equity Loan, LLC
on behalf of
Fleet Home Equity Loan Trust 2003-1
Date:
By:
/s/ GRETCHEN HEFNER
July 20, 2004
Name:
Gretchen Hefner
Title:
Vice President
EXHIBIT INDEX
Sequential
Page
Number
Exhibit
Monthly reports for the
June 2004
Monthly  Period relating to the Fleet
Home Equity Loan Asset Backed Notes Series 2003-1.
20.
3