........
And don't take PLoan or ASB loan merely for the sake of building credit score    you are essentially losing money and worsening your financial health. My best advice is that save your money up for 5 years (maybe you can get around 30k?). Put in a larger down payment for your 100k house, essentially lowering yr DSR and your loan will be approved. Banks even prefer this method that if you put in more leverage (instead of just 10% of property value) as its more secure for them.

Whatever loan you take (esp Asb loan at 5%? Ploans at 6+%) these are fixed liabilities. Can you guarantee fixed priced funds (or any funds) to beat that percentage - dont forget when you invest to those funds you only materialise your "gains" after like 5-8 years? if you are lucky. Whereelse you are committed to repay those loans every month. Can he sustain those payments (while he can only realise his gains after many years?)
Only a fool will take risk for such measly gain (lets say the fund gives you a handsome 8%) less your loan payment - you get back 3%. High risk low gain 

The amount is too small to realise any substantial "gain". He doesn't have access to more sophisticated investment vehicle (very little ppl have) - everyone thinks the best bet is to invest in unit trust funds, ASB funds because that is what is available - if you have some money go ahead - but certainly don't take loan for that sake.

And at that amount, you can't build any real credit score. you think bank will care about your loan repayment health if you can't even qualify for 24k p/a cc?
(btw i mean not to offend you, i'm merely speaking out facts of financial world)

Save up the money, put down more leverage for the property, and prove your monthly income can easily handle the DSR of the property.

"i have read in LYN...that, for ASB loans, one just need to be able to pay repayment for about a year......then no need to pay from one own's pocket as the dividend given is able to generate enough repayment amount for the rest of the loan duration...."

technically if the fund can outperform yr loan rate, maybe yes. but don't forget over 12 months u are paying loan repayment monthly, then only u get back the money at end of year.

what happens when the dividend is not enough to cover? double loss. if you are in the position where you need to borrow money to invest into asb (i think your financial health is not that good that you can handle 5% loan repayment every month).

Based on since the ASN Fixed priced funds had been in inception....does it has even 1 single year of dividend rate not even above the interest rate?
even if it does for a single year (maybe coming to be, the extra % gained over the years is not enough to cover the losses?

"do you mean, if one put in lets says 40% down payment, then no need credit score track records to get loans for the 60%?"

sure, 30%-40% is prob enough for banks to feel secure - provided you can handle monthly repayments. like i said credit team don't approve loan based on credit score (you can pay your loans on time for 10 years, but if you loan repayment is only a few hundred a month, will they have confident when u take on a few thousand a month loan?) it just shows u are good at repaying loan, it doesnt show u are capable to handle the loan repayment.

Without a credit score track record.....can get a loan for a DSR of 30%? without a loan how to show one is good at handling a loan repayment?

For the dividend rate, why dont you find out and post it here? Again pls read, not saying its not higher than interest rate, but rather how much higher. 1%? 2%? and again, can your financial situation handle the monthly loan repayment? if you can, i don't see why you have to take loan to invest, instead of just investing with your own money.

if the dividend rate can self sustain the repayment rate + got gain...is it matter 1 or 2 %?

Bank don't care if you are good at repayment, you can have good repayment for 10 years, and the next month you can default when you lose yr job. Bank care if you are "capable" to repay the loan, and if you actually default - whether they can recover their money by selling the asset. you pay 30% down payment - its enough for the bank to recover 70% of prop value.

without a good credit score track record, the bank assessment for loan may not be passed...
if track record is not important.....then CCRIS or CTOS would not have established.

Feels like i'm repeating myself or i have to explain every single thing to abcde.
YES,....for i find your thinking, concept and understanding beyond my comprehension......i may be low in that.....please forgive me or ignore my queries

off topic but somehow, people didnt still get ASB Loan... high risk for low gain? do you guys know what leverage mean?

let say you take 100k asb loan, and it is 540 per month
lets compare that against just investing yourself in ASB for 540 per month shall we

540x12= 6,480
dividend = 7%
let say interest at 5.5%
interest amount is on reducing balance but for the sake of easy calculation let just say you pay on balance 100k 1st year (real number would be lower since you pay monthly)
1 year interest = 5,500

at the end of 1 year this is how much you will get if after 1 year straight away cancel loan
total investment = 6480
total return = 6480 (principal) + 7,000 (dividend on 100k straight) - 5,500 (interest)
= 23% ROI

vs

invest yourself = 6480 (principal) + 227 (dividend on 6480 adjusted monthly contribution)
= 3.5% ROI