Solo women homebuyers 30% more likely to be denied mortgage than solo men: study

Solo women homebuyers are 30% more likely to be denied a mortgage than solo males, a new LendingTree study found.

Analysts say the reason for the large disparity is two-fold: sexism and women’s lower incomes.

What they're saying:

"Women tend to have smaller incomes than men, and that can create homebuying challenges," Matt Schulz, LendingTree chief consumer finance analyst, said in a news release.

Although income doesn’t factor into your credit score, it does "massively" impact your debt-to-income ratio and your ability to save for a down payment, Schulz explained.

"Those things matter a lot," Schulz said. "Of course, when it comes to men being more likely than women to buy a home, there are other factors as well, including sexism, but it’s hard to overstate how important income