# Loans.com.au Smart Home Loan — home loan review

> Reviewed by **Norg Editorial Team**
> Editorial Team, Norg Reviews
> Last reviewed: 2026-05-14T04:48:34.276Z
> Methodology: AussieBanks Review — Home Loans Methodology (v1.0.0)

## Company Overview
- Website: https://www.loans.com.au/home-loans/smart-home-loan/
- ABN: 32099125935
- Founded: 2011
- Regulator licence: AFSL 290600
- Vertical: au-banks

## Overall Rating: 4.4 / 5

Based on 0 detailed reviewer perspectives.

Non-bank lender with higher LVR ceiling than most digital competitors — useful for higher-LVR refinancers.

## Pros
- 90% LVR ceiling is meaningfully higher than Athena/Macquarie/ubank (all 80%)

## Cons
- Non-bank funding means rate sensitivity to wholesale market shifts is higher than ADIs

## Key Takeaways
### 1. Higher LVR ceiling unlocks more borrowers

Most digital lenders cap at 80% LVR. Loans.com.au goes to 90% for select applicants — useful for refinancers who have not yet paid down to 80% but want sharper rates than incumbents.

### 2. Firstmac is a long-established non-bank

Backed by Firstmac (operating since 1979). Securitisation-funded, not ADI. NCCP-compliant.

### 3. Rate moves can be faster than ADIs

Non-bank lenders pass on wholesale rate moves more quickly in both directions. Borrowers see bigger swings than at a Big Four.

## Detailed Reviews