Loans.com.au Smart Home Loan — home loan review
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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: 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
1. 90% LVR ceiling is meaningfully higher than Athena/Macquarie/ubank (all 80%)

CONS
1. 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