CHARLOTTE, N.C. – Hundreds of jobs are heading to Mecklenburg County as LendingTree looks to expand its headquarters in Charlotte.

• 436 new jobs coming to the county in the next five years with LendingTree
• Estimated to grow NC's economy by $969 million over 12 years
• LendingTree has one of the nation’s largest networks of lenders in the nation

Gov. Roy Cooper and county officials announced Thursday that the marketplace which connects customers with lenders will bring 436 new jobs to the county over the next five years. They say the average annual salary will be $101,140 and will vary on experience and the positions available.

It is estimated that the project will grow North Carolina’s economy by $969 million over the 12-year grant term. County officials say they support their investment of $686,878 over the next seven years.

“We are pleased to be able to support the continued growth of LendingTree,” said George Dunlap, chairman of the Mecklenburg Board of County Commissioners. “The company’s expansion here signifies the strength of the technology industry in Mecklenburg. We are extremely grateful that LendingTree recognizes that Mecklenburg is the right place for them to grow.”

Since it was established in 1998, LendingTree has one of the nation’s largest networks of lenders in the nation, according to a release. The company already offers 488 jobs and the new headquarters will be located at 300 South Brevard Street.