FAQs about a career with Multi-Prêts

What are the prerequisites to become a mortgage broker?

You must successfully complete specialized training in mortgage brokerage. This training must be recognized by the AMF.

Will Multi-Prêts provide me a list of potential clients?

No, Multi-Prêts does not solicit clients for you. Your main role is to develop your clientele. However, we have all the tools at your disposal to succeed.

I am a mortgage broker and I would like to realign my career towards the mortgage industry. Is this possible?

Certainly. Several mortgage broker have joined the Multi-Prêts team in recent years. To apply, CLICK HERE.

How does the compensation program work? Is there a base salary?

No, our brokers are self-employed and are 100% commission-based.

Where can I register to become a mortgage broker and get my license?

Many institutions offer the program in classrooms or in virtual classes. For the college nearest you, please click on the following link: https://lautorite.qc.ca/en/becoming-a-professional/mortgage-brokerage/compulsory-professional-development/recognized-training-bodies

Does Multi-Prêts sponsor students who want to complete their mortgage broker agent training program?

Multi-Prêts sponsors students, but they have to go through our selection process.

Is there a future in the mortgage brokerage field?

At this time, only 1 out of 4 people deal with a broker. Business opportunities are definitely on the rise!

What is the role of a mortgage broker?

Mortgage brokers advise their clients and negotiate their mortgages with different financial institutions. 

I am employed full time for a company and I would like to begin my career as a mortgage broker with Multi-Prêts part-time because I cannot afford to drop everything. Is this possible?

Yes, but the success rate of new brokers employed full-time is very low. To be successful, you must dedicate yourself fully to building your business.