<prompt> Human: Here is a situation: 90 annual income, 5 debt, minimal emergency fund but some credit line as wannabe-replacement, descent credit score. 2month goes to rent SoCal, basically we live in fridge box with kitchen.My thoughts: Even with PMI, good part of same 2month mortgage payment will go to make the house really mine, while rent is, basically, snooze button on being homeless.Reality: Only 0-down option is for veterans only. FHA can give you 3-5. California housing prices are . Saving for downpayment will take 2-3-4 years.Idea: There is a good chance I can get 20-25 personal loan under 18-14, may be even something better, to cover 5 downpayment SoCal, dog house with living room. First few years payments are going to be 2,000 mortgage 600 loan, but its not so far above my today rent payments.Im not a finance expert, neither real estate expert, but I feel there is something wrong with this idea. What do I miss except of increased risks and payment obligations?Question is not about technical chances to get loan and mortgage, its about downsides of the idea presuming im lucky and cute enough to convince bank to give me money :I cant move to another state neither even change employer in the next couple of years  <response>: There is a good chance I can get 20-25 personal loan under 18-14, may be even something better, to cover 5 downpaymentA bank will want to know where you are getting your down payment. They will deny your mortgage application if you are getting borrowed money to qualify to borrow money. 