Can you refinance just your mortgage and not your equity line

call your mortgage company and ask them most likely if they gave you the equity line they are making money on you. if they didnt your new mortgage would probably want that lein out of the picture and pay it off.
      Answer1:maybe.youll have to get permission from the bank that extends the equity line, since technically refi-ing the first mortgage is a payoff of it, which would then promote the equity line from second position into first position to be paid off.the refi mortgage wouldnt permit that, so the equity line would have to agree to become second to the refid first.naturally, this gives the equity line some bargaining leverage which may result in various terms and conditions, and/or a fee. Id guess that the new first [refi] cant be for more principle than the old one, nor can it call for higher payments. And if youre going to pay points or other fees to get the refi, they cant be large amounts [which could instead go toward paying down the equity line].in todays market itll be tricky and if it makes economic sense, go for it. [the worst that might happen is the equity line people will say "no".]
      Answer2:If you have a VA or FHA loan you can get a streamline loan.
      Answer3:Yes, you can, but it is probably difficult right now considering the credit markets. It is called a subordination, and will typically carry a fee to do this and certain (cumulative) loan to value requirements, which are probably very low percentages right now. It also typically adds 1-2 weeks in processing time for your loan. Check with both the new lender and the lender holding your line of credit to make sure they both will agree to do it, but it is possible.