Payne was previously managing director at The Mortgage Business and BM Solutions and currently holds a number of complementary directorships.
Brightstar chief executive Rob Jupp said Payne’s appointment had come at just the right time in the development of the Brightstar brand.
He said: "I am delighted to welcome Nigel to the board of the company at this time.
“We are really excited to be able to tap into the experience and expertise of one of the UK's most respected mortgage bankers."
He added: "In the past two years Brightstar has charted a rapid rise to its current position as one of the top specialist lending distributors in the UK.
“My aim has always been to continue to develop and improve our proposition and I could not have asked for a more able and experienced individual to provide the critical objectivity and the kind of impartial advice and guidance to help us make the next big step in creating the pre-eminent provider of specialist lending services to the intermediary community."
Payne said: "Having known and worked with Rob Jupp over a number of years I am delighted to be asked to help Brightstar in the capacity of non executive director.
“Brightstar Financial is already a fine business and I look forward to bringing my skills to bear to help Brightstar go to the next level. Rob and his team are already on their way and it will be a pleasure to provide whatever help I can in my new role."
