I agree with everyone else, it sounds like an attorney must be consulted a more than likely a suit will need to be filed.

Quote from @Nathan Gesner: Quote from @David Butler: Not suggesting that it isn't illegal (to each their own)--sure sounded questionably moral in listening to the episode. 

Sounds like it's possible your weekend prices could actually go higher!

It sounds very expensive.

Since she is the sole owner and has the deed, this sounds like given the information you have provided the way to go 

@Kaias BlancoI will share with you some advice I got when I was about your age… maybe a few years older… I’m now 54… and this advice has served me well through the years; and it sounds so simplistic:   “You are where you are because you choose to be there.”What that means is that the limits as you currently see them are self imposed.  

@Ryan DaultonIt sounds like a conversation with your IRA plan provider is in order.Perhaps this will help. 

Sounds like a scam me, I would look for another lender.

If you’re confident in these numbers, it could help mitigate the risk.Exit Strategy: Your plan to refinance after construction is solid, but keep an eye on where interest rates are heading and ensure the cash-out refinance will cover the HELOC without leaving you in a tight spot.It sounds like you're on the right track, but if you're still feeling uncertain, it might be worth consulting with a local real estate professional or financial advisor who can help you analyze the deal further.

Sounds like I will need to do this as well.