Hundreds of new jobs planned for a new location in Texas will generate hundreds of thousands of dollars in tax and fee rebates for Pacific Union Financial LLC.

The home lender, which is based in the Dallas area, is planning on opening a new mortgage fulfillment center in El Paso, Texas.

If Pacific Union meets certain thresholds, it will receive more than $330,000 from the city and more than $30,000 from El Paso County.

Source: Mortgage Daily