07/26/02

Fleet Bank announces limited time special offers for the clients of Drotar Financial Consultants, Inc.

July 26, 2002 - Fleet Bank announced today that they are launching a special promotional campaign designed with the average homeowner in mind. They have created a new home equity loan program that is sure to hold appeal for many Drotar clients. Take note, however, that there are a few restrictions.

The loan must be a first mortgage and therefore available to pay off your existing mortgage. It is loaned at 6.38% for 20 years, fixed rate and no fees whatsoever! The minimum amount borrowed is $100,000 with a maximum of $300,000 and the loan to value on your house must be at least 80%. They will not escrow taxes and it must be tied into an automatic deduction from a Fleet Bank account.

This program is designed for those who have 7 or 7.5% mortgages and feel that a drop of one percent is not enough because of the closing fees. This program has no fees and is therefore more appealing.

If you are interested in this program, feel free to contact Blase Drotar at 610-275-5586 or Chris Sontag at Fleet Bank directly at 610-397-1600. This is a promotional deal, so move quickly!