Prohibits lenders from blocking access to funds from a credit line mortgage

This bill prohibits lenders from cutting off access to funds in home equity lines of credit (HELOCs) when borrowers are making timely payments. It directly affects homeowners who use HELOCs for residential financing by ensuring lenders cannot arbitrarily block their access to available credit. The law amends two state laws to explicitly state that lenders must maintain borrower access to these credit lines as long as payments are current. This creates a clear, enforceable requirement for lenders regarding a common type of residential mortgage product.