The Brief
Solo female homebuyers are 29.8% more likely to be denied a mortgage than solo males, a new LendingTree study found.
That number is higher in some states and much lower in others.
Solo women applicants face a 15.7% mortgage denial rate, compared to 12.1% among solo males.
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.
FILE - Real estate for sale signs in Antioch, California. (Photo by Justin Sullivan/Getty Images) Exp