How it Works
Your mortgage journey made simple with our proven 7-step process
How Our Mortgage Process Works – Brilliant Finance Solutions
Our Proven Process
We've streamlined the mortgage process to save you time, reduce stress, and ensure the best possible outcome for your financial situation.
1
Initial Consultation
We start with a comprehensive discussion about your financial goals, current situation, and property aspirations. This can be done in person, over the phone, or via video call.
What We Cover:
Your financial goals and timeline
Current income, expenses, and assets
Property preferences and budget
Previous credit history review
Preliminary borrowing capacity assessment
2
Strategy Development
Based on your consultation, we develop a customized mortgage strategy that aligns with your goals and maximizes your borrowing potential.
We Create:
Detailed borrowing capacity analysis
Lender comparison and recommendations
Loan structure optimization
Tax and investment strategy alignment
Timeline and action plan
3
Document Preparation
We guide you through gathering the required documentation and ensure everything is properly organized for the strongest possible application.
Required Documents:
Income verification (payslips, tax returns, contracts)
Bank statements and savings evidence
Asset and liability statements
Identification and address verification
Property documents (if refinancing)
4
Pre-Approval
We submit your application to the most suitable lender and secure conditional approval, giving you confidence when property shopping.
Pre-Approval Benefits:
Know your exact borrowing capacity
Shop with confidence at auctions
Strengthen your purchase offers
Lock in current interest rates
90-day conditional approval validity
5
Property & Valuation
Once you've found your property, we submit the formal application with property details. The lender arranges a professional valuation.
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Formal loan application submission
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Property valuation coordination
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Lender assessment process
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Application status updates
6
Formal Approval
We work with the lender to address any conditions and secure unconditional loan approval, preparing for settlement.
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Condition management
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Final approval confirmation
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Loan documents preparation
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Settlement coordination
7
Settlement & Beyond
We coordinate the settlement process and provide ongoing support throughout your loan lifetime, including annual reviews.
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Settlement day coordination
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Key and property handover
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Ongoing relationship management
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Annual loan reviews
Typical Timeline
1-3 Days
Pre-Approval
2-4 Weeks
Property Search
2-3 Weeks
Formal Approval
4-6 Weeks
Years Experience
*Timelines may vary based on lender requirements, property type, and application complexity
Frequently Asked Questions
How much does your service cost?
Our standard mortgage broking service is free for most home loans. We're paid a commission by the lender when your loan settles, which doesn't affect your interest rate or loan terms.
How long does the whole process take?
From initial consultation to settlement typically takes 8-12 weeks, depending on your situation and property type. Pre-approvals can be obtained within 1-3 business days.
Do I need to visit your office?
While we're happy to meet in person, it's not necessary. We can conduct consultations via phone, video call, or email, making the process convenient for you.
What if my application is declined?
With access to 40+ lenders, we can often find alternative solutions if one lender declines. We'll review your situation and explore other options at no additional cost.