I have 1st mortgage and HELOC Nevada loans with Bank of America. I'm severely underwater with the HELOC and BA has no plans that will help me. The approximate value of house is the balance of the 1st (150k Conventional 30yr 5.375%) and the HELOC is on top of that by 50k (variable currently @ 4%). I looked at HAMP but don't qualify if I can't factor other debts into the overall picture. I would love some advice on how to proceed from here with BofA to either reduce the HELOC balance and/or get a decent (not 12%) fixed rate.