### Question
How does the law define nontraditional mortgage product?


### Answer
Under *12 U.S.C. § 5102*, **nontraditional mortgage product** is defined as:

> any mortgage product other than a 30-year fixed rate mortgage

#### Citation:
  - *12 U.S.C. § 5102*
  - Heading: **CHAPTER 51-SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING**

