{"id":535,"date":"2026-06-30T14:43:42","date_gmt":"2026-06-30T11:43:42","guid":{"rendered":"https:\/\/rutkowskihome.pl\/?p=535"},"modified":"2026-06-30T14:43:44","modified_gmt":"2026-06-30T11:43:44","slug":"zachem-bank-delaet-oczenku-nedvizhimosti-pered-vydachej-ipoteki","status":"publish","type":"post","link":"https:\/\/rutkowskihome.pl\/en\/o-nedvizhimosti\/zachem-bank-delaet-oczenku-nedvizhimosti-pered-vydachej-ipoteki\/","title":{"rendered":"Why does a bank conduct a property appraisal before issuing a mortgage?"},"content":{"rendered":"<p class=\"wp-block-paragraph\">At <a href=\"https:\/\/rutkowskihome.pl\/en\/uslugi\/pokupka-i-prodazha-nedvizhimosti\/\" data-type=\"page\" data-id=\"16\">buying an apartment or house in Poland<\/a> Many clients are surprised when, after submitting an application for <a href=\"https:\/\/rutkowskihome.pl\/en\/uslugi\/ipotechnoe-soprovozhdenie\/\" data-type=\"page\" data-id=\"18\">mortgage<\/a> The bank informs me that a property appraisal is required. A logical question arises: <strong>Why do you need an appraisal if the purchase price is already specified in the contract?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In fact, for a bank, the transaction price is only one factor. It is much more important to understand, <strong>What is the real market value of the property and how suitable is it as collateral for a mortgage loan?<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this article, we&#039;ll explain in detail why banks require property appraisals, what exactly the appraiser checks, and why the same apartment might be approved by one bank and rejected by another.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">What is a real estate appraisal?<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Real estate valuation (operational, <em>operat szacunkowy<\/em>) is an official document prepared by a licensed appraiser (<em>rzeczoznawca maj\u0105tkowy<\/em>).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During the assessment, the specialist determines:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>market value of real estate;<\/li>\n\n\n\n<li>technical condition of a house or apartment;<\/li>\n\n\n\n<li>liquidity of the object;<\/li>\n\n\n\n<li>compliance of the object with the bank&#039;s requirements.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">It is on the basis of this document that the bank decides whether it is ready to finance the purchase of a specific property.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Why is the price specified in the contract not enough for the bank?<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Very often clients believe that if an apartment costs, for example, <strong>700,000 z\u0142<\/strong>, then it is this amount that the bank takes into account.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In practice, this is not the case.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The price in the contract is the amount agreed upon by the seller and the buyer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bank must understand, <strong>How much is the property actually worth on the market?<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are situations when:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the property is sold below market value;<\/li>\n\n\n\n<li>on the contrary, the buyer overpays;<\/li>\n\n\n\n<li>the price is too high compared to similar properties.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, the bank relies specifically on the appraiser\u2019s report.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">What does the bank check during the assessment?<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Many people think that the bank is only interested in the price of the apartment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In fact, experts analyze many more factors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>location of the object;<\/li>\n\n\n\n<li>year of construction;<\/li>\n\n\n\n<li>building structure;<\/li>\n\n\n\n<li>technical condition;<\/li>\n\n\n\n<li>area of the apartment;<\/li>\n\n\n\n<li>heating type;<\/li>\n\n\n\n<li>floor;<\/li>\n\n\n\n<li>condition of common areas of the building;<\/li>\n\n\n\n<li>legal status of real estate;<\/li>\n\n\n\n<li>availability of access to a public road;<\/li>\n\n\n\n<li>possibility of further sale of the property.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">All this directly influences the bank\u2019s decision.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Not every property is suitable for a mortgage<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">It is important to understand one thing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Even if a client has high creditworthiness, a bank may refuse a mortgage solely because of the property itself.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Each bank independently determines which objects it considers acceptable as collateral for a loan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is why the same apartment can be rejected by one bank and fully approved by another.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">An example from our practice<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">We recently accompanied a client who was buying an apartment in <strong>Lublin<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Initially the documents were submitted to <strong><a href=\"https:\/\/www.mbank.pl\/indywidualny\/\" target=\"_blank\" rel=\"noopener\">mBank<\/a><\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After conducting a property appraisal, the bank refused to issue a mortgage loan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reason was not the client\u2019s income or credit history.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The refusal was related solely to the characteristics of the property.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among the main reasons were:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>small area of the apartment;<\/li>\n\n\n\n<li>lack of central heating;<\/li>\n\n\n\n<li>high level of physical deterioration of the building.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">From the point of view <strong>mBank<\/strong> such an object was too risky to secure a mortgage loan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, this did not mean that it was impossible to buy this apartment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After analyzing the situation, we selected another bank - <strong><a href=\"https:\/\/www.credit-agricole.pl\/klienci-indywidualni\" target=\"_blank\" rel=\"noopener\">Credit Agricole<\/a><\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This bank assessed the property positively and issued a mortgage loan to the client.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is why it is very important to understand: <strong>If the property has non-standard characteristics or is in poor technical condition, not every bank will be willing to finance it<\/strong>.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Why do banks make different decisions?<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Each bank uses its own risk assessment system.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some banks are ready to lend:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>old houses;<\/li>\n\n\n\n<li>apartments without central heating;<\/li>\n\n\n\n<li>small apartments;<\/li>\n\n\n\n<li>real estate in need of renovation.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Other banks are much more cautious about such objects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, the refusal of one bank <strong>does not mean<\/strong>, that it is impossible to get a mortgage.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Very often it is enough to choose the right bank.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Is it possible to know in advance whether problems will arise?<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">In most cases, yes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An experienced mortgage expert can identify potential risks even before submitting an application.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This allows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>avoid rejections;<\/li>\n\n\n\n<li>don&#039;t waste time;<\/li>\n\n\n\n<li>choose the most suitable bank;<\/li>\n\n\n\n<li>significantly increase the likelihood of receiving a positive decision.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This is especially important when purchasing:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>old houses;<\/li>\n\n\n\n<li>apartments in pre-war buildings;<\/li>\n\n\n\n<li>objects without central heating;<\/li>\n\n\n\n<li>real estate with non-standard area;<\/li>\n\n\n\n<li>objects with complex legal status.<\/li>\n<\/ul>\n\n\n\n<h1 class=\"wp-block-heading\">Results<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Property valuation is one of the most important stages of obtaining a mortgage loan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For a bank, it&#039;s not just the apartment&#039;s current value that matters, but also whether it can serve as reliable collateral for a loan over many years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If a property has certain defects, this does not mean that it is impossible to obtain a mortgage.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The main thing is to choose the right bank that is ready to finance exactly this type of project.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In our practice, there have been numerous cases where, after a refusal from one bank, we successfully obtained a positive decision from another.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, before applying for a mortgage, it is always worth assessing not only your creditworthiness, but also the property itself.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This will help you avoid rejections, save time, and significantly increase your chances of getting a mortgage loan.<\/p>","protected":false},"excerpt":{"rendered":"<p>When buying an apartment or house in Poland, many clients are surprised when, after submitting a mortgage application, the bank informs them of the need<\/p>","protected":false},"author":1,"featured_media":536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-o-nedvizhimosti"],"_links":{"self":[{"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/posts\/535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/comments?post=535"}],"version-history":[{"count":1,"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/posts\/535\/revisions"}],"predecessor-version":[{"id":537,"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/posts\/535\/revisions\/537"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/media\/536"}],"wp:attachment":[{"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/media?parent=535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/categories?post=535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rutkowskihome.pl\/en\/wp-json\/wp\/v2\/tags?post=535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}