Heloc loan or Conventional loan

[Michelle Sharko]

I have a vacation home that has no mortgage and we are trying to pull out equity from it to purchase another property to use as a rental and vacation spot.  We only have my husbands income, I'm retired and stay home to take care of my granddaughter.  We cant seem to get a conventional loan on just one income.  Our primary residence along with our vacation home is worth about $1.4 million, have a million in stocks etc.. credit score is 700+  How the heck do we get qualified for a loan?  I know debt to ratio is a little high, but even when credit cards are paid off we still can't seem to get approved..  Any insights or ideas or advice is much appreciated.