Tuesday, May 15, 2012

Quicken mortgage unit doubling in Charlotte

Quicken Loans Mortgage Services, which helps community banks and credit unions originate mortgages, announced Tuesday that it will hire 75 people by the end of the year and double its office space in Charlotte.

The new office, at 6135 Park South Drive, will have more than 20,000 square feet. The company, which currently employs 150, is expected to move in next month. Its previous office was at 1915 Rexford Road.

Hiring is expected to begin this summer. Fifty positions will be in Charlotte.

Quicken Loans Mortgage Services provides mortgages to community banks and credit unions so they don't have to hire mortgage origination staffs. The company currently works with 800 institutions, and hopes to reach 1,000 by the end of the year, with $1 billion in monthly loan volume.