RALEIGH- Five hundred more jobs are coming to Charlotte’s financial sector.

Intercontinental Capital Group will more than double the size of its mortgage operations in the queen city over the next five years.

The average annual salary for the new jobs will be $87,500. The current average salary in Mecklenberg County is $68,070.

The company was awarded a series of state tax and other incentives totaling more than $8 million by the North Carolina Economic Investment Committee (EIC) in a meeting Tuesday morning.

“For the home financing experience to be truly enjoyable, it must be accessible, streamlined and simple, and that requires the best of marketing, technological innovation and people who are passionate about providing borrowers with excellent customer service. every step of the way,” ICG said. founder and CEO Dustin DiMisa in a statement. “As we evaluated different locations, it became clear that whether we were looking for marketing talent to better communicate with customers, engineers who want to build tomorrow’s solutions today, sales and operational talent who are passionate from customer service to a budding workforce wanting to transition, they were all here in Charlotte.

The jobs will be split between a call center, marketing and sales, information technology and management. The company currently has 190 employees in Charlotte.

ICG will also receive local incentives from the City of Charlotte.

The company describes itself as a “direct lending mortgage bank specializing in housing finance for one to four family residential properties”.

“ICG matches each applicant with a mortgage specialist licensed to do business in the client’s state to ensure that all loans remain fully compliant with state and local regulations and policies,” the company explains. “Focusing on the state level allows our lending experts to educate our clients about their local housing market.”

Its headquarters are located in Melville, NY The company was launched in 2005.

“The significant expansion of this innovative name in mortgage lending shows that North Carolina remains an international leader in financial services,” Commerce Secretary Anthony Copeland said in the announcement. “ICG provides valuable financial tools to American consumers, and the Charlotte area will be a key part of its continued success.”

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