I called BofA to inquire about a loan modification and principal reduction for my FHA loan (in which my $180k condo is underwater by $60K). After going through the initial filtering process call, the rep said I qualified for a partial claim. I told her I don't want a partial claim, I want a loan mod and principal reduction. She said I'd be assigned a to a person who would be calling me to talk about this. So that BofA person called and I'm getting ready to return the call, but I want to know what I have to tell them, what numbers do I need to produce, to qualify for a modification and not a partial claim? I'm not interested in incurring another loan to pay off, even if it is interest free. Any advise?