Snappt and AppFolio Partner to Strengthen Leasing Decisions Across Multifamily

This integration gives AppFolio customers access to advanced fraud detection and helps them make faster, more confident leasing decisions without changing their existing workflow.

Document fraud remains one of the biggest and most expensive challenges in multifamily leasing. In many cases, fraudulent documents are not discovered until they lead to missed rent payments, bad debt, or evictions.

With Snappt integrated into FolioScreen, every income document submitted through the platform is reviewed by an AI system trained on more than 19 million documents. For cases that need further review, Snappt’s Fraud Forensics team provides additional analysis.

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Snappt’s AI is specifically designed to detect advanced document fraud in property management applications. Legitimate documents are reviewed quickly and automatically, without the need for manual checks.

For more complex cases, Snappt’s Fraud Forensics team provides additional human review. This helps ensure consistent verification standards are applied to every application, across all properties and leasing agents.

For AppFolio customers, this means better leasing decisions, reduced risk of bad debt, and a screening process that can grow efficiently while maintaining accuracy. For applicants, it provides a consistent and fair document review process, with the same standards applied to every application at every property.

"FolioScreen customers won't see a new vendor, a new login, or a new step. They'll see better outcomes," says Kyle Nelson, Snappt's EVP of Corporate Strategy and Growth. "Document fraud is where the leasing workflow is most exposed, and it's exactly what our platform was purpose-built to solve. Embedding Snappt inside FolioScreen means every document gets the same rigor, automatically, at scale."

For operators managing thousands of units across multiple markets, the stakes of getting fraud detection right are especially high. "Fraud in our market has become increasingly sophisticated, and we needed a solution we could trust to stay ahead of it. Having Snappt's best-in-class document verification built natively into AppFolio means our teams get industry-leading fraud detection right inside the platform they already work in every day, without adding complexity to the leasing process," says Stacy Winship, Executive Vice President at Fairgrove.

About Snappt

Founded in 2019, Snappt is a leading applicant verification platform for the multifamily housing industry. The company serves property owners and operators managing more than 2.5 million housing units. Snappt helps make the leasing process more secure and efficient by combining fraud detection, AI-powered identity and data verification, payroll and bank account checks, and rent verification in one platform. By helping property managers verify applicant information, Snappt reduces risk, prevents bad debt, and supports safer communities.

About AppFolio 

AppFolio is a technology company that helps power the future of the real estate industry. Its platform enables property owners and managers to improve operations, strengthen community connections and support business growth through innovative technology, and trusted services.

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