The Business Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2009
The Business Bank 2009 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | The Business Bank 11100 Wayzata Blvd Suite 150 Minnetonka, MN 55305 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 7,630 |
| Total Mortgage Loan Application Amount | $1,598,335,000 |
| Average Mortgage Loan Application Amount | $210,333 |
| Highest Mortgage Loan Application Amount | $1,853,000 |
| Average Applicant Income | $90,333 |
| Highest Applicant Income | $1,830,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2009 with The Business Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing The Business Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2009 breaks down The Business Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how The Business Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by The Business Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at The Business Bank's mortgage activity for 2009.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Hennepin County Minnesota | 2,641 | $ 585,897,000 | $ 221,000 | $ 88,000 |
| Anoka County Minnesota | 799 | $ 151,586,000 | $ 189,000 | $ 60,000 |
| Ramsey County Minnesota | 789 | $ 155,773,000 | $ 197,000 | $ 77,000 |
| Dakota County Minnesota | 769 | $ 159,955,000 | $ 208,000 | $ 70,000 |
| Washington County Minnesota | 504 | $ 114,532,000 | $ 227,000 | $ 82,000 |
| Wright County Minnesota | 320 | $ 61,362,000 | $ 191,000 | $ 57,000 |
| Carver County Minnesota | 276 | $ 67,068,000 | $ 243,000 | $ 85,000 |
| Scott County Minnesota | 226 | $ 49,289,000 | $ 218,000 | $ 66,000 |
| Sherburne County Minnesota | 205 | $ 37,782,000 | $ 184,000 | $ 62,000 |
| Olmsted County Minnesota | 84 | $ 14,347,000 | $ 170,000 | $ 71,000 |
| Chisago County Minnesota | 82 | $ 15,391,000 | $ 187,000 | $ 78,000 |
| Isanti County Minnesota | 71 | $ 11,959,000 | $ 168,000 | $ 53,000 |
| Crow Wing County Minnesota | 68 | $ 16,278,000 | $ 239,000 | $ 139,000 |
| Steele County Minnesota | 68 | $ 10,850,000 | $ 159,000 | $ 47,000 |
| St. Croix County Wisconsin | 64 | $ 14,995,000 | $ 234,000 | $ 74,000 |
| Stearns County Minnesota | 62 | $ 10,077,000 | $ 162,000 | $ 58,000 |
| Cook County Minnesota | 60 | $ 12,875,000 | $ 214,000 | $ 99,000 |
| Rice County Minnesota | 48 | $ 7,753,000 | $ 161,000 | $ 42,000 |
| Mille Lacs County Minnesota | 26 | $ 4,117,000 | $ 158,000 | $ 67,000 |
| Cass County Minnesota | 25 | $ 6,872,000 | $ 274,000 | $ 106,000 |
| St. Louis County Minnesota | 23 | $ 4,398,000 | $ 191,000 | $ 73,000 |
| Polk County Wisconsin | 23 | $ 5,030,000 | $ 218,000 | $ 123,000 |
| Benton County Minnesota | 21 | $ 3,474,000 | $ 165,000 | $ 54,000 |
| Goodhue County Minnesota | 19 | $ 3,146,000 | $ 165,000 | $ 46,000 |
| Aitkin County Minnesota | 14 | $ 3,003,000 | $ 214,000 | $ 142,000 |
| Pierce County Wisconsin | 14 | $ 3,763,000 | $ 268,000 | $ 85,000 |
| Washburn County Wisconsin | 14 | $ 4,150,000 | $ 296,000 | $ 327,000 |
| Le Sueur County Minnesota | 13 | $ 2,187,000 | $ 168,000 | $ 73,000 |
| Maricopa County Arizona | 12 | $ 3,694,000 | $ 307,000 | $ 90,000 |
| Dodge County Minnesota | 12 | $ 2,155,000 | $ 179,000 | $ 45,000 |
| Itasca County Minnesota | 12 | $ 2,468,000 | $ 205,000 | $ 80,000 |
| Kanabec County Minnesota | 12 | $ 1,436,000 | $ 119,000 | $ 57,000 |
| Pine County Minnesota | 12 | $ 1,941,000 | $ 161,000 | $ 63,000 |
| Sawyer County Wisconsin | 11 | $ 3,206,000 | $ 291,000 | $ 212,000 |
| Douglas County Minnesota | 10 | $ 2,626,000 | $ 262,000 | $ 170,000 |
| Freeborn County Minnesota | 10 | $ 1,543,000 | $ 154,000 | $ 58,000 |
| McLeod County Minnesota | 10 | $ 1,557,000 | $ 155,000 | $ 32,000 |
| Morrison County Minnesota | 9 | $ 1,496,000 | $ 166,000 | $ 97,000 |
| Wabasha County Minnesota | 9 | $ 1,449,000 | $ 161,000 | $ 36,000 |
| Hubbard County Minnesota | 8 | $ 1,793,000 | $ 224,000 | $ 111,000 |
| Burnett County Wisconsin | 8 | $ 1,579,000 | $ 197,000 | $ 139,000 |
| Lake County Minnesota | 7 | $ 709,000 | $ 101,000 | $ 49,000 |
| Lee County Florida | 6 | $ 1,318,000 | $ 219,000 | $ 188,000 |
| Todd County Minnesota | 6 | $ 1,182,000 | $ 197,000 | $ 86,000 |
| Barron County Wisconsin | 6 | $ 1,360,000 | $ 226,000 | $ 140,000 |
| Clay County Minnesota | 5 | $ 958,000 | $ 191,000 | $ 46,000 |
| Otter Tail County Minnesota | 5 | $ 1,287,000 | $ 257,000 | $ 95,000 |
| Sibley County Minnesota | 5 | $ 1,181,000 | $ 236,000 | $ 57,000 |
| Dane County Wisconsin | 5 | $ 968,000 | $ 193,000 | $ 178,000 |
| Blue Earth County Minnesota | 4 | $ 453,000 | $ 113,000 | $ 57,000 |
| Kandiyohi County Minnesota | 4 | $ 924,000 | $ 231,000 | $ 71,000 |
| Mower County Minnesota | 4 | $ 737,000 | $ 184,000 | $ 84,000 |
| Collier County Florida | 3 | $ 795,000 | $ 265,000 | $ 38,000 |
| Palm Beach County Florida | 3 | $ 655,000 | $ 218,000 | $ 80,000 |
| Becker County Minnesota | 3 | $ 561,000 | $ 187,000 | $ 126,000 |
| Pope County Minnesota | 3 | $ 722,000 | $ 240,000 | $ 162,000 |
| Wadena County Minnesota | 3 | $ 389,000 | $ 129,000 | $ 50,000 |
| Waseca County Minnesota | 3 | $ 434,000 | $ 144,000 | $ 46,000 |
| Chippewa County Wisconsin | 3 | $ 851,000 | $ 283,000 | $ 149,000 |
| Waukesha County Wisconsin | 3 | $ 742,000 | $ 247,000 | $ 26,000 |
| Douglas County Colorado | 2 | $ 667,000 | $ 333,000 | $ 33,000 |
| Jefferson County Colorado | 2 | $ 583,000 | $ 291,000 | $ 26,000 |
| Park County Colorado | 2 | $ 490,000 | $ 245,000 | $ 189,000 |
| Summit County Colorado | 2 | $ 557,000 | $ 278,000 | $ 191,000 |
| Seminole County Florida | 2 | $ 216,000 | $ 108,000 | $ 64,000 |
| Linn County Iowa | 2 | $ 303,000 | $ 151,000 | $ 74,000 |
| Polk County Iowa | 2 | $ 223,000 | $ 111,000 | $ 21,000 |
| Brown County Minnesota | 2 | $ 309,000 | $ 154,000 | $ 24,000 |
| Carlton County Minnesota | 2 | $ 129,000 | $ 64,000 | $ 0 |
| Martin County Minnesota | 2 | $ 384,000 | $ 192,000 | $ 336,000 |
| Meeker County Minnesota | 2 | $ 422,000 | $ 211,000 | $ 67,000 |
| Renville County Minnesota | 2 | $ 251,000 | $ 125,000 | $ 44,000 |
| Swift County Minnesota | 2 | $ 276,000 | $ 138,000 | $ 3,000 |
| Winona County Minnesota | 2 | $ 299,000 | $ 149,000 | $ 44,000 |
| Kitsap County Washington | 2 | $ 544,000 | $ 272,000 | $ 35,000 |
| Douglas County Wisconsin | 2 | $ 432,000 | $ 216,000 | $ 120,000 |
| Dunn County Wisconsin | 2 | $ 401,000 | $ 200,000 | $ 99,000 |
| La Crosse County Wisconsin | 2 | $ 640,000 | $ 320,000 | $ 94,000 |
| Milwaukee County Wisconsin | 2 | $ 283,000 | $ 141,000 | $ 200,000 |
| Oneida County Wisconsin | 2 | $ 517,000 | $ 258,000 | $ 91,000 |
| Racine County Wisconsin | 2 | $ 219,000 | $ 109,000 | $ 51,000 |
| Navajo County Arizona | 1 | $ 146,000 | $ 146,000 | $ 0 |
| Pima County Arizona | 1 | $ 229,000 | $ 229,000 | $ 84,000 |
| Pinal County Arizona | 1 | $ 174,000 | $ 174,000 | $ 147,000 |
| Boulder County Colorado | 1 | $ 300,000 | $ 300,000 | $ 0 |
| Eagle County Colorado | 1 | $ 404,000 | $ 404,000 | $ 145,000 |
| Routt County Colorado | 1 | $ 400,000 | $ 400,000 | $ 120,000 |
| Weld County Colorado | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Broward County Florida | 1 | $ 417,000 | $ 417,000 | $ 228,000 |
| Hillsborough County Florida | 1 | $ 79,000 | $ 79,000 | $ 202,000 |
| Manatee County Florida | 1 | $ 275,000 | $ 275,000 | $ 92,000 |
| Miami-Dade County Florida | 1 | $ 235,000 | $ 235,000 | $ 210,000 |
| Nassau County Florida | 1 | $ 417,000 | $ 417,000 | $ 92,000 |
| Pasco County Florida | 1 | $ 164,000 | $ 164,000 | $ 165,000 |
| Owyhee County Idaho | 1 | $ 225,000 | $ 225,000 | $ 101,000 |
| Story County Iowa | 1 | $ 133,000 | $ 133,000 | $ 33,000 |
| Beltrami County Minnesota | 1 | $ 101,000 | $ 101,000 | $ 80,000 |
| Chippewa County Minnesota | 1 | $ 78,000 | $ 78,000 | $ 34,000 |
| Clearwater County Minnesota | 1 | $ 154,000 | $ 154,000 | $ 118,000 |
| Cottonwood County Minnesota | 1 | $ 122,000 | $ 122,000 | $ 65,000 |
| Faribault County Minnesota | 1 | $ 150,000 | $ 150,000 | $ 105,000 |
| Fillmore County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 74,000 |
| Grant County Minnesota | 1 | $ 71,000 | $ 71,000 | $ 50,000 |
| Houston County Minnesota | 1 | $ 172,000 | $ 172,000 | $ 43,000 |
| Jackson County Minnesota | 1 | $ 92,000 | $ 92,000 | $ 56,000 |
| Lyon County Minnesota | 1 | $ 130,000 | $ 130,000 | $ 55,000 |
| Rock County Minnesota | 1 | $ 189,000 | $ 189,000 | $ 69,000 |
| Yellow Medicine County Minnesota | 1 | $ 153,000 | $ 153,000 | $ 0 |
| Buchanan County Missouri | 1 | $ 101,000 | $ 101,000 | $ 99,000 |
| Gallatin County Montana | 1 | $ 265,000 | $ 265,000 | $ 252,000 |
| Douglas County Nebraska | 1 | $ 400,000 | $ 400,000 | $ 912,000 |
| Lincoln County South Dakota | 1 | $ 344,000 | $ 344,000 | $ 210,000 |
| Minnehaha County South Dakota | 1 | $ 216,000 | $ 216,000 | $ 66,000 |
| Ashland County Wisconsin | 1 | $ 272,000 | $ 272,000 | $ 190,000 |
| Bayfield County Wisconsin | 1 | $ 227,000 | $ 227,000 | $ 102,000 |
| Buffalo County Wisconsin | 1 | $ 150,000 | $ 150,000 | $ 60,000 |
| Eau Claire County Wisconsin | 1 | $ 236,000 | $ 236,000 | $ 90,000 |
| Forest County Wisconsin | 1 | $ 256,000 | $ 256,000 | $ 0 |
| Iron County Wisconsin | 1 | $ 139,000 | $ 139,000 | $ 85,000 |
| Jackson County Wisconsin | 1 | $ 243,000 | $ 243,000 | $ 144,000 |
| Langlade County Wisconsin | 1 | $ 100,000 | $ 100,000 | $ 23,000 |
| Pepin County Wisconsin | 1 | $ 417,000 | $ 417,000 | $ 0 |
| Richland County Wisconsin | 1 | $ 111,000 | $ 111,000 | $ 61,000 |
| Washington County Wisconsin | 1 | $ 182,000 | $ 182,000 | $ 85,000 |
| Park County Wyoming | 1 | $ 133,000 | $ 133,000 | $ 0 |
Mortgage Loan Application Detail Totals for The Business Bank in 2009
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 4,625 | $1,058,906,000 | $228,000 | $1,853,000 | $84,000 | $1,830,000 |
| Home Purchase | 2,981 | $534,030,000 | $179,000 | $1,295,000 | $69,000 | $1,332,000 |
| Home Improvement | 24 | $5,399,000 | $224,000 | $417,000 | $118,000 | $277,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 7,074 | $1,489,977,000 | $210,000 | $1,853,000 | $80,000 | $1,830,000 |
| Asian | 186 | $35,414,000 | $190,000 | $417,000 | $63,000 | $229,000 |
| Hispanic | 122 | $22,882,000 | $187,000 | $900,000 | $49,000 | $449,000 |
| Black or African American | 105 | $18,881,000 | $179,000 | $417,000 | $52,000 | $288,000 |
| Not Provided | 103 | $24,024,000 | $233,000 | $1,500,000 | $96,000 | $774,000 |
| Native Hawaiian or Other Pacific Islander | 17 | $3,070,000 | $180,000 | $417,000 | $75,000 | $375,000 |
| American Indian or Alaskan Native | 16 | $2,765,000 | $172,000 | $305,000 | $41,000 | $117,000 |
| Not applicable | 7 | $1,322,000 | $188,000 | $319,000 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 4,501 | $1,024,464,000 | $227,000 | $1,853,000 | $100,000 | $1,830,000 |
| FHA-insured (Federal Housing Administration) | 2,862 | $523,618,000 | $182,000 | $425,000 | $48,000 | $883,000 |
| VA-guaranteed (Veterans Administration) | 192 | $39,780,000 | $207,000 | $433,000 | $40,000 | $156,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 75 | $10,473,000 | $139,000 | $286,000 | $41,000 | $124,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 6,270 | $1,321,718,000 | $210,000 | $1,000,000 | $90,000 | $1,830,000 |
| Application Withdrawn By Applicant | 991 | $203,855,000 | $205,000 | $1,853,000 | $6,000 | $720,000 |
| Application Denied By Financial Institution | 242 | $49,799,000 | $205,000 | $1,500,000 | $79,000 | $1,200,000 |
| Application Approved But Not Accepted | 82 | $14,691,000 | $179,000 | $417,000 | $84,000 | $564,000 |
| File Closed For Incompleteness | 45 | $8,272,000 | $183,000 | $416,000 | $73,000 | $255,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Business Bank's 2009 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess The Business Bank's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.