Tenant screening
Snappt
Snappt verifies rental applicants for multifamily operators. Its platform checks whether uploaded pay stubs and bank statements have been altered, verifies income from payroll and bank connections, confirms identity, and looks up rental payment history, under a product name the company calls the Applicant Trust Platform.
Documents are analyzed against thousands of metadata elements and a series of visual and structural checks, with a Fraud Forensics team researching emerging fraud patterns behind the automated rulings. Income can be verified from traditional and non-traditional sources, including real-time validation through connected payroll systems, tax document upload with automated income calculation, and connected tax data. Identity checks combine biometric matching with 30+ checks on an ID, and synthetic identity detection screens for fabricated and stolen identities by analyzing SSN validity.
The product is sold in bundles — Standard, Professional and Enterprise — layering financial verification, identity verification, applicant experience customization, verification of employment and policy governance, with add-ons for rental history, synthetic identity detection and a feed into a business intelligence stack. Snappt has operated since 2019, says it partners with 18 of the top 25 NMHC managers, protects over 2.5 million units, has analyzed over 13 million documents at 99.8% accuracy, and returns documentation rulings in 10 minutes or less.
Pricing is not published; the bundles are quoted. Snappt is SOC 2 Type II compliant and describes its review as applicant-agnostic to reduce Fair Housing exposure, but confirm with your own counsel how a negative ruling is communicated to an applicant and how it is disputed — the company runs a separate dispute form for that.
Best for
Multifamily owners and managers seeing altered pay stubs and bank statements on applications, especially portfolios large enough to standardize one verification step. Single-property landlords may find the bundle structure heavier than needed.
What they do
- Document fraud detection on pay stubs and bank statements
- Verification of income from payroll and bank connections
- Verification of assets
- Identity verification with biometric and ID checks
- Verification of employment
- Rental payment history verification
- Synthetic identity detection
- Fraud Forensics team review
Details
| Attribute | Value |
|---|---|
| Founded | 2019 |
| Memberships | BBB accredited business with an A+ rating, SOC 2 Type II compliant |
What stands out
- Says it catches 99.8% of edited documents
- Has analyzed over 13 million documents
- Partners with 18 of the top 25 NMHC managers
- Says it protects over 2.5 million units
- Turnaround on documentation rulings is 10 minutes or less