Bank Valuation
nounbank val·u·a·tionpronounced BANGK val-yoo-AY-shən
Last reviewed 16 April 2026
What does the noun Bank Valuation mean?
An assessment of a property's market value ordered by a lender during the home loan application process. The valuer is appointed from the lender's panel and reports to the lender, not the buyer. Its purpose is to confirm the property provides adequate security for the loan, which may differ from the purchase price or an independent market valuation.
How the noun Bank Valuation is used
The bank valuation came in $30,000 below the purchase price, which meant we needed to find extra cash or renegotiate with the seller.
Synonyms
lender valuation, mortgage valuation
Related words
Cite this entry
MLA citation: "Bank Valuation." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/bank-valuation. Accessed 30 May 2026.
Chicago citation: How to Property. "Bank Valuation." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/bank-valuation.
APA citation: How to Property. (2026, April 16). Bank Valuation. https://howtoproperty.com.au/definitions/bank-valuation