Should I get a loan against my ETH holdings? I want to hear about your experience with DeFi loans through top protocols

I've been thinking about getting a USDC/T loan against my ETH holdings using a well-established DeFi protocol like Aave, Compound or similar. I would be using this as part of a down payment to buy my first home.

I wonder if anyone around here has experience doing something big like this. I know we're all degens to some extent but I feel like I could finally use DeFi as a replacement for TradFi. In my case, I am a contractor which usually makes banks unlikely to give me better-than-average rates on loans.

I think the OG DeFi protocols on Ethereum are probably the most robust as of now, but we still see the occasional exploit like Yearn finance's. With this said I'm quite curious to know what others have been doing in DeFi-ing this classical TradFi use case.

Thoughts?