The Business Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2012
The Business Bank 2012 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 | 6,377 |
| Total Mortgage Loan Application Amount | $1,326,823,000 |
| Average Mortgage Loan Application Amount | $201,333 |
| Highest Mortgage Loan Application Amount | $1,600,000 |
| Average Applicant Income | $94,333 |
| Highest Applicant Income | $3,652,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2012 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 2012 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 2012.
| 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 | 2,260 | $ 506,081,000 | $ 223,000 | $ 101,000 |
| Dakota County Minnesota | 675 | $ 136,650,000 | $ 202,000 | $ 87,000 |
| Anoka County Minnesota | 648 | $ 122,356,000 | $ 188,000 | $ 76,000 |
| Ramsey County Minnesota | 568 | $ 110,544,000 | $ 194,000 | $ 90,000 |
| Washington County Minnesota | 439 | $ 99,312,000 | $ 226,000 | $ 92,000 |
| Scott County Minnesota | 262 | $ 59,214,000 | $ 226,000 | $ 92,000 |
| Carver County Minnesota | 253 | $ 59,110,000 | $ 233,000 | $ 112,000 |
| Wright County Minnesota | 248 | $ 47,691,000 | $ 192,000 | $ 72,000 |
| Sherburne County Minnesota | 152 | $ 25,452,000 | $ 167,000 | $ 67,000 |
| St. Croix County Wisconsin | 127 | $ 24,303,000 | $ 191,000 | $ 83,000 |
| Stearns County Minnesota | 65 | $ 10,633,000 | $ 163,000 | $ 73,000 |
| Olmsted County Minnesota | 52 | $ 8,944,000 | $ 172,000 | $ 51,000 |
| Isanti County Minnesota | 50 | $ 7,461,000 | $ 149,000 | $ 51,000 |
| Rice County Minnesota | 42 | $ 7,035,000 | $ 167,000 | $ 51,000 |
| Crow Wing County Minnesota | 37 | $ 8,816,000 | $ 238,000 | $ 172,000 |
| Steele County Minnesota | 36 | $ 4,828,000 | $ 134,000 | $ 57,000 |
| Chisago County Minnesota | 34 | $ 6,200,000 | $ 182,000 | $ 81,000 |
| Polk County Wisconsin | 28 | $ 5,075,000 | $ 181,000 | $ 88,000 |
| Cass County Minnesota | 24 | $ 5,534,000 | $ 230,000 | $ 181,000 |
| Aitkin County Minnesota | 20 | $ 4,328,000 | $ 216,000 | $ 106,000 |
| Cook County Minnesota | 19 | $ 4,015,000 | $ 211,000 | $ 93,000 |
| Goodhue County Minnesota | 18 | $ 2,640,000 | $ 146,000 | $ 35,000 |
| Benton County Minnesota | 16 | $ 2,182,000 | $ 136,000 | $ 43,000 |
| McLeod County Minnesota | 15 | $ 2,085,000 | $ 139,000 | $ 50,000 |
| Mille Lacs County Minnesota | 15 | $ 2,549,000 | $ 169,000 | $ 69,000 |
| Morrison County Minnesota | 15 | $ 2,242,000 | $ 149,000 | $ 75,000 |
| Lake County Minnesota | 12 | $ 2,110,000 | $ 175,000 | $ 130,000 |
| Le Sueur County Minnesota | 12 | $ 2,049,000 | $ 170,000 | $ 91,000 |
| Pierce County Wisconsin | 12 | $ 2,854,000 | $ 237,000 | $ 78,000 |
| Douglas County Minnesota | 11 | $ 2,374,000 | $ 215,000 | $ 79,000 |
| Dodge County Minnesota | 10 | $ 1,645,000 | $ 164,000 | $ 48,000 |
| Kanabec County Minnesota | 9 | $ 1,492,000 | $ 165,000 | $ 92,000 |
| Pine County Minnesota | 9 | $ 1,654,000 | $ 183,000 | $ 121,000 |
| St. Louis County Minnesota | 9 | $ 1,843,000 | $ 204,000 | $ 172,000 |
| Washburn County Wisconsin | 9 | $ 2,083,000 | $ 231,000 | $ 225,000 |
| Nicollet County Minnesota | 8 | $ 874,000 | $ 109,000 | $ 50,000 |
| Sawyer County Wisconsin | 8 | $ 2,022,000 | $ 252,000 | $ 131,000 |
| Freeborn County Minnesota | 7 | $ 729,000 | $ 104,000 | $ 51,000 |
| Otter Tail County Minnesota | 7 | $ 1,162,000 | $ 166,000 | $ 200,000 |
| Maricopa County Arizona | 6 | $ 1,381,000 | $ 230,000 | $ 122,000 |
| Kandiyohi County Minnesota | 6 | $ 1,012,000 | $ 168,000 | $ 106,000 |
| Lee County Florida | 5 | $ 1,240,000 | $ 248,000 | $ 176,000 |
| Blue Earth County Minnesota | 5 | $ 703,000 | $ 140,000 | $ 81,000 |
| Meeker County Minnesota | 5 | $ 1,080,000 | $ 216,000 | $ 93,000 |
| Barron County Wisconsin | 5 | $ 1,187,000 | $ 237,000 | $ 86,000 |
| Burnett County Wisconsin | 5 | $ 1,032,000 | $ 206,000 | $ 123,000 |
| Dane County Wisconsin | 5 | $ 1,313,000 | $ 262,000 | $ 121,000 |
| Hubbard County Minnesota | 4 | $ 706,000 | $ 176,000 | $ 74,000 |
| Sibley County Minnesota | 4 | $ 669,000 | $ 167,000 | $ 42,000 |
| Collier County Florida | 3 | $ 1,043,000 | $ 347,000 | $ 63,000 |
| Pope County Minnesota | 3 | $ 524,000 | $ 174,000 | $ 125,000 |
| Waseca County Minnesota | 3 | $ 480,000 | $ 160,000 | $ 69,000 |
| Bayfield County Wisconsin | 3 | $ 651,000 | $ 217,000 | $ 145,000 |
| Chippewa County Wisconsin | 3 | $ 600,000 | $ 200,000 | $ 131,000 |
| Pima County Arizona | 2 | $ 349,000 | $ 174,000 | $ 75,000 |
| Pinal County Arizona | 2 | $ 323,000 | $ 161,000 | $ 187,000 |
| Denver County Colorado | 2 | $ 498,000 | $ 249,000 | $ 50,000 |
| Douglas County Colorado | 2 | $ 544,000 | $ 272,000 | $ 141,000 |
| Eagle County Colorado | 2 | $ 465,000 | $ 232,000 | $ 807,000 |
| Park County Colorado | 2 | $ 340,000 | $ 170,000 | $ 115,000 |
| Pasco County Florida | 2 | $ 378,000 | $ 189,000 | $ 141,000 |
| Beltrami County Minnesota | 2 | $ 198,000 | $ 99,000 | $ 64,000 |
| Carlton County Minnesota | 2 | $ 496,000 | $ 248,000 | $ 172,000 |
| Clay County Minnesota | 2 | $ 404,000 | $ 202,000 | $ 67,000 |
| Itasca County Minnesota | 2 | $ 377,000 | $ 188,000 | $ 56,000 |
| Wadena County Minnesota | 2 | $ 360,000 | $ 180,000 | $ 101,000 |
| Cass County North Dakota | 2 | $ 482,000 | $ 241,000 | $ 92,000 |
| Grand Forks County North Dakota | 2 | $ 352,000 | $ 176,000 | $ 20,000 |
| Eau Claire County Wisconsin | 2 | $ 341,000 | $ 170,000 | $ 83,000 |
| Oconto County Wisconsin | 2 | $ 389,000 | $ 194,000 | $ 24,000 |
| Riverside County California | 1 | $ 228,000 | $ 228,000 | $ 462,000 |
| Boulder County Colorado | 1 | $ 252,000 | $ 252,000 | $ 101,000 |
| El Paso County Colorado | 1 | $ 174,000 | $ 174,000 | $ 47,000 |
| Fremont County Colorado | 1 | $ 178,000 | $ 178,000 | $ 80,000 |
| Broward County Florida | 1 | $ 383,000 | $ 383,000 | $ 214,000 |
| Lake County Florida | 1 | $ 166,000 | $ 166,000 | $ 74,000 |
| Manatee County Florida | 1 | $ 228,000 | $ 228,000 | $ 72,000 |
| Miami-Dade County Florida | 1 | $ 129,000 | $ 129,000 | $ 0 |
| Nassau County Florida | 1 | $ 349,000 | $ 349,000 | $ 118,000 |
| Palm Beach County Florida | 1 | $ 405,000 | $ 405,000 | $ 713,000 |
| Polk County Florida | 1 | $ 237,000 | $ 237,000 | $ 203,000 |
| St. Lucie County Florida | 1 | $ 229,000 | $ 229,000 | $ 185,000 |
| Becker County Minnesota | 1 | $ 275,000 | $ 275,000 | $ 167,000 |
| Brown County Minnesota | 1 | $ 210,000 | $ 210,000 | $ 0 |
| Fillmore County Minnesota | 1 | $ 190,000 | $ 190,000 | $ 0 |
| Grant County Minnesota | 1 | $ 182,000 | $ 182,000 | $ 97,000 |
| Jackson County Minnesota | 1 | $ 32,000 | $ 32,000 | $ 87,000 |
| Lyon County Minnesota | 1 | $ 111,000 | $ 111,000 | $ 0 |
| Mahnomen County Minnesota | 1 | $ 168,000 | $ 168,000 | $ 57,000 |
| Rock County Minnesota | 1 | $ 180,000 | $ 180,000 | $ 68,000 |
| Todd County Minnesota | 1 | $ 104,000 | $ 104,000 | $ 0 |
| Wabasha County Minnesota | 1 | $ 106,000 | $ 106,000 | $ 54,000 |
| Winona County Minnesota | 1 | $ 110,000 | $ 110,000 | $ 73,000 |
| Jackson County Missouri | 1 | $ 211,000 | $ 211,000 | $ 0 |
| Madison County Montana | 1 | $ 406,000 | $ 406,000 | $ 493,000 |
| Clark County Nevada | 1 | $ 134,000 | $ 134,000 | $ 0 |
| Burleigh County North Dakota | 1 | $ 265,000 | $ 265,000 | $ 201,000 |
| Ramsey County North Dakota | 1 | $ 133,000 | $ 133,000 | $ 0 |
| Williams County North Dakota | 1 | $ 284,000 | $ 284,000 | $ 90,000 |
| Lincoln County South Dakota | 1 | $ 387,000 | $ 387,000 | $ 204,000 |
| Ashland County Wisconsin | 1 | $ 258,000 | $ 258,000 | $ 190,000 |
| Douglas County Wisconsin | 1 | $ 257,000 | $ 257,000 | $ 148,000 |
| Dunn County Wisconsin | 1 | $ 200,000 | $ 200,000 | $ 0 |
| Marinette County Wisconsin | 1 | $ 227,000 | $ 227,000 | $ 105,000 |
| Milwaukee County Wisconsin | 1 | $ 360,000 | $ 360,000 | $ 98,000 |
| Ozaukee County Wisconsin | 1 | $ 375,000 | $ 375,000 | $ 87,000 |
| Rusk County Wisconsin | 1 | $ 232,000 | $ 232,000 | $ 100,000 |
| Waukesha County Wisconsin | 1 | $ 169,000 | $ 169,000 | $ 53,000 |
| Winnebago County Wisconsin | 1 | $ 211,000 | $ 211,000 | $ 129,000 |
Mortgage Loan Application Detail Totals for The Business Bank in 2012
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 | 4,023 | $878,598,000 | $218,000 | $1,600,000 | $100,000 | $3,652,000 |
| Home Purchase | 2,209 | $419,798,000 | $190,000 | $744,000 | $77,000 | $756,000 |
| Home Improvement | 145 | $28,427,000 | $196,000 | $417,000 | $106,000 | $372,000 |
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 | 5,563 | $1,159,798,000 | $208,000 | $1,600,000 | $95,000 | $3,652,000 |
| Not Provided | 420 | $88,274,000 | $210,000 | $620,000 | $64,000 | $676,000 |
| Asian | 186 | $38,831,000 | $208,000 | $744,000 | $90,000 | $411,000 |
| Hispanic | 110 | $19,981,000 | $181,000 | $417,000 | $73,000 | $374,000 |
| Black or African American | 66 | $13,327,000 | $201,000 | $903,000 | $92,000 | $493,000 |
| American Indian or Alaskan Native | 19 | $3,812,000 | $200,000 | $347,000 | $73,000 | $273,000 |
| Native Hawaiian or Other Pacific Islander | 10 | $2,380,000 | $238,000 | $417,000 | $102,000 | $170,000 |
| Not applicable | 3 | $420,000 | $140,000 | $160,000 | $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) | 4,321 | $957,033,000 | $221,000 | $1,600,000 | $105,000 | $3,652,000 |
| FHA-insured (Federal Housing Administration) | 1,652 | $295,113,000 | $178,000 | $371,000 | $66,000 | $329,000 |
| VA-guaranteed (Veterans Administration) | 260 | $53,979,000 | $207,000 | $417,000 | $72,000 | $263,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 144 | $20,698,000 | $143,000 | $270,000 | $45,000 | $97,000 |
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 | 5,060 | $1,058,120,000 | $209,000 | $839,000 | $108,000 | $3,652,000 |
| Application Withdrawn By Applicant | 798 | $166,114,000 | $208,000 | $1,600,000 | $0 | $0 |
| Application Denied By Financial Institution | 340 | $67,845,000 | $199,000 | $895,000 | $89,000 | $676,000 |
| Application Approved But Not Accepted | 112 | $20,431,000 | $182,000 | $417,000 | $88,000 | $569,000 |
| File Closed For Incompleteness | 67 | $14,313,000 | $213,000 | $512,000 | $0 | $0 |
| 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 2012 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.