### Question
What is the definition of qualified mortgage?


### Answer
The definition of **qualified mortgage** is as follows in *15 U.S.C. § 1639c*:

> any residential mortgage loan—


(i) for which the regular periodic payments for the loan may not—


(I) result in an increase of the principal balance

#### Citation:
  - *15 U.S.C. § 1639c*
  - Heading: **CHAPTER 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER I-CONSUMER CREDIT COST DISCLOSURE > Part B-Credit Transactions**

