RALEIGH – Five hundred more jobs are coming to Charlottle’s financial sector.
Intercontinental Capital Group is more than doubling the size of its morgage operations in the Queen City over the next five years.
Average annual wages for the new jobs will be $87,500. The current average wage in Mecklenberg County is $68,070.
The company was awarded a series of state tax and other incentives totalling more than $8 million by the North Carolina Economic Investment Committee (EIC) at a meeting Tuesday morning.
“For the experience of home financing to truly be delightful, it must be accessible, streamlined and simple, and that requires the best of marketing, technology innovation and people passionate about providing borrowers with excellent customer service every step of the way,” said ICG founder and Chief Executive Officer Dustin DiMisa in a satement. “As we evaluated different locations, it became clear that whether we were looking for marketing talent to better connect with customers, engineers eager to build tomorrow’s solutions today, sales and operations talent passionate about customer service or a budding workforce eager to make a transition, they were all here in Charlotte.”
Jobs will be spread among a call center, marketing and sales, information technology and management. The firm currently has 190 employees in Charlotte.
ICG also will receive some local incentives from the City of Charlotte.
The firm describes itself as a “direct lending mortgage bank specializing in home financing for one to four family residential properties.”
“ICG pairs every applicant with a mortgage specialist who is licensed to do business in the client’s state so that all loans remain fully compliant with state and local regulations and policies,” the company explains. “Focusing on the state level allows our loan experts to educate our clients on their local housing market.”
Its headquarters is located in Melville, N.Y. The firm launched in 2005.
“The significant expansion by this innovative name in mortgage lending shows that North Carolina remains an international leader in financial services,” said Commerce Secretary Anthony Copeland in the announcement. “ICG provides valuable financial tools for U.S. consumers, and the Charlotte Region will be a key component of its continued success.”