How does a family mortgage work for their kids?

Is it possible for a parent of a married couple to take a loan or a mortgage from a parent for, lets say $ 300k or so?
Is this possible? How does the interest rate work? Is it determined by the lender (the parents)?
Would this be a good thing for both the kids and the parents?

How do I cope with a parent moving in? A little over a year ago, my father passed away (who was 57 years old) leaving no assets or life insurance. This left mum with nothing but their personal possessions. They didn't own their own…

I do not want to live with my sister in… I am living in PA with my husband and four year old son. My husband just graduated from a technical school in June and is currently working a temp job. He would like to attend…

What questions should I ask about… What do I need to know whenever it is time to make a decision? I already talked to the realter and am set to go look at some houses with the other specialists that helps…

Anyone can shed some light will be appreciated!

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How do I cope with a parent moving in? A little over a year ago, my father passed away (who was 57 years old) leaving no assets or life insurance. This left mum with nothing but their personal possessions. They didn't own their own…

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