### Question
How is the term nontraditional mortgage product defined?


### Answer
The term **nontraditional mortgage product** is defined in *12 U.S.C. § 5102* as the following:

> 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**

