Commission

PAID DAY FOLLOWING COMPLETION! 

Commissions are calculated as 50% of total earnings, after costs have been deducted e.g. valuation, consent, Building Society / Bank questionnaire.

Typical Examples of Earnings

Regulated £40,000 Loan

• Broker fee £2,000
• 5% commission = £2,000
• Therefore total earnings = £4,000
• Less typical costs = £300
• £4,000/2  = £2,000 Brilliant Loans retains
• £2,000 - £300 (costs) = £1,700
• Making your commission £1,700

Regulated £20,000 Loan

• Broker fee = £1,500
• 5% commission = £1,000
• Therefore total earnings = £2,500
• Less typical costs = £300
• £2,500/2 = £1,250 Brilliant Loans retains
• £1,250 - £300 (costs) = £950 
• Making your commission £950