But T.O.'s rep tells TMZ Sports bluntly -- "Money is NOT an issue for Terrell."
In fact, the rep says Terrell is the "primary" person on the loan -- and Owens is adamant he never hooked up with Snider for money.
"Come on, she’s a postal worker," the rep says ... adding, "Do you really think she’s the primary on the loan?”
The rep says T.O. is currently out of town working on a "new show coming out in March" (she wouldn't reveal details about the show) ... but says he plans to file for divorce as soon as he returns to California.
We reached out to Snider for comment -- no word back.