I have a question regarding a MN Mortgage, I'm in SD. One of the lenders at one of our branches has a home equity line of credit on a customer's home in Minnesota. At the top of the document, it states "Mortgage with future advance clause (for revolving LOC)." He wants to know if he can tie back to that mortgage if he refinances the loan into a closed end ARM product. My thought is no, as it appears it is specific to open end products, but I thought I would ask the experts.