SNAPP and SNAPP+ Processing Programs
With our SNAPP program, our goal is to save you time and resources by using our reverse mortgage processors while you maintain the relationship with your customer and keep the income earned from the loan. This program is versatile enough that it works for clients who are new to reverse mortgages, those who need processing support as they grow, and those that want to simply focus their resources on bringing in loans. The SNAPP/SNAPP+ program is available to full partners who have been approved by Liberty.
SNAPP Processing Program
- With the SNAPP Processing Program, the Partner is responsible for:
- taking the loan application
- obtaining the HUD Counseling Certificate
- importing the loan into PORTAL.
- Liberty manages:
SNAPP+ Processing Program
- With the SNAPP+ Processing Program, Liberty ALSO manages:
- maintaining customer contact from application to follow-up
- providing disclosures
- delivering any adverse action notifications.