<p>“My parents lent us $35K so that we could buy our first house. We had a regular loan agreement, and paid just under market interest…”</p>
<p>Same, except ours was interest free. It was a very formal agreement (father is a lawyer.) Also, just in case something happened to my parents while loan was still outstanding, the balanced owed would have been subtracted from of our share of inheritance. </p>
<p>They loaned my sister money for her first house, too. </p>