Is Quicken Loans making Zero Interest Loans (???)

[Scott Mac]

This writing makes it seem like Quicken is offering Zero Interest Loans (to some customers).

Does anyone know how this works (???) 

Are they offering zero interest loans (???)

https://www.haaretz.com/quicken-makes-it-kosher-for-orthodox-jews-to-take-out-a-mortgage-1.6174991

[Matt Devincenzo]

No, they are 'investing' their money into the home purchase as a business partner. But in return for an annual interest rate they are 'relieving' their business partner of any obligation to pay them the remainder of their 'profit' from the investment venture. See a brief synopsis here, and look at the example doc at the bottom which helps understand the terms.