I have a HELOC on my house no morgage and the interest rate is going up and the bank don't want to refinance for a fix rate.

Let me list the important facts to know to give you assistance:1) What is the approximate value of the home and 2) how much is the line of credit for. And most importantly3) how is your credit and 4) are you employed or have a steady monthly income?

Yes, you have to meet the Debt to Income ratio of the investor to qualify, typically up to 50% of your gross income. If you have any consumer debt that is contributing to your high DTI, you can get a cash-out refi up to 80% Loan to Value. In your case, up to $268,000 and use the excess to pay off your consumer debt. If your DTI is still too high, you either need to earn more income or come up with a game plan to pay down your debt until you qualify for a mortgage. And yes, each time the FED raises their rate, your HELOC will increase accordingly.

More info needed, but in general, we have programs which will allow you to refinance, and we have expanded ratios available.. but we would need to know exactly where you are at to advise you properly.. Give me a call, and I'd be happy to review your file.. I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

You may want to consider paying off the HELOC by taking out a first mortgage for 15 years. Rates are still low and you'd be on a fixed payback schedule. I would call a local mortgage professional to check out your options.