The first thing you must remember is that the creditline is for the borrower only, so upon the death of the borrower the creditline no longer exist. Even if there was a positive balance in it, the heirs receive the house and they then decide if they want to sell it and keep any equity that is left (if any) or refinance it with a regular mortgage.
If there is no equity in the house but there was a positive creditline when the borrower dies, that goes away with the death of the borrower.
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