### Question
How does the law define eligible mortgage?


### Answer
Under *12 U.S.C. § 1715z*, **eligible mortgage** is defined as:

> a mortgage—


(A) the mortgagor of which—


(i) occupies such property as his or her principal residence

#### Citation:
  - *12 U.S.C. § 1715z*
  - Heading: **CHAPTER 13-NATIONAL HOUSING > SUBCHAPTER II-MORTGAGE INSURANCE**

