The Business Bank
Mortgage Loan Application
Totals and Details
for 2009
Find mortgage loan statistics, lending data, and loan application totals for Minnesota.
The mortgage statistics and data below are specific to mortgage loan applications for The Business Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| 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 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MN, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| 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 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Minnesota,
and search the same numbers and information back through 2003.
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 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MN, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Minnesota, and search similar information at your convenience.