#1. I know HELOCs when used for purchases are not subject to rescission for the amount advanced for the purchase, but what about the remaining line (if any). If you made a $500,000 HELOC along with a purchase, and the client only needed $100,000 for the purchase would you offer rescission for the remaining line?

#2 - in the example above, what if the full $500,000 was advanced for the purchase, would that forever remove the need for rescission (as the total line was used). It is possible the client can turn around and payoff part or all of the advance within the 3 day waiting period, what then?