Speaking to the Express & Star, Smith said, "Ideally I would like a permanent keeper coming in. But if that was not possible and it was a loan it would have to be a season-long deal with no recall clause, to give us some stability in that position.
He continued, “But, ultimately, we would probably be better off getting our own permanent goalkeeper."
Last term, The Saddlers used five goalkeepers, four of them loanees, the club began the campaign with Hungarian stopper David Grof between the sticks, however after a series of poor performances culminating in the clubs exit from the FA Cup at the First Round stage, Grof was dropped in favour of a series of loan signings, beginning with Nottingham Forest's Karl Darlow, shortly following his departure Wolverhampton Wanderers' Aaron McCarey was recruited, his subsequent recall meant focus switched to Milton Keynes Dons' Ian McLoughlin, before Manchester United prospect Sam Johnstone rounded off the season.
Smith also hinted that some of his summer targets are currently playing for sides in the Barclay's Premier League, he said, "I have spoken to a couple of people already.
“But the fact is the Premier League season only finished yesterday and there are others I want to speak to as well.
“We have been pretty busy over the last few days and, as things stand, I’m pretty happy with where we are at this moment in time"