Personal Line of Credit

[Garmeon Y.]

Is it inadvisable to use a personal line of credit of $10k to put towards my down payment? The interest rate is slightly higher than 10% (less than a credit card, more than a mortgage). Trying to squeeze blood from a stone here...

[Alexander Felice]

down payment for a traditional, primary mortgage? 

The lender is going to ask if the down payment funds are borrowed funds. You can use borrowed funds when it's secured, not sure about a personal loan though: I would think not. Either way you'll have to disclose that it's borrowed, and the lender will make sure you qualify and have satisfactory DTI for both.