SunTrust Banks is creating 100 jobs at its new loan sales center in Charlotte, the bank and the Charlotte Chamber announced Wednesday.
The office, which will underwrite and process mortgage loans, has about 40 staff already at the LakePointe Office Park near Charlotte Douglas International Airport, but will expand by 60 in the next three months.
The loan center is indicative of SunTrusts commitment to the Charlotte market and complements our retail presence in the region, regional president William Peele said in a statement. Charlotte is a dynamic, thriving metropolitan area, and we plan to roll up our sleeves and increase our involvement.
Banks around the country, including Wells Fargo, have beefed up their mortgage processing staff considerably in recent months to capitalize on the wave of refinancings. Wells Fargo has boosted its mortgage lending staff 19 percent since last year, according to the banks most recent earnings report.
SunTrusts mortgage banking income has increased dramatically, reaching $103 million in the second quarter compared with $4 million in the same period last year, the bank reported this summer.
SunTrust has about $1.2 billion in deposits at 36 Charlotte-area offices, according to the FDIC.
For information on the job openings, visit www.SunTrust.com/careers.