Bankers charge hundreds of RON to analyse loan applications

Bankers complain about the lack of demand for loans, but once inside an agency, clients are charged even before contracting a loan. In order to analyse the applications for a mortgage loan, banks charge as much as 800 RON.

Clients who want to take out a real estate loan have to pay fees amounting to several hundred RON for the analysis of the loan application papers even if they fail to take out the loan in the end. In justification, bankers cite the costs entailed by the analysis of the applications. However, not all banks charge such fees.

For instance, at the BCR, the largest local bank, the fee for analysing the applications for mortgage-backed loans is 600 RON. The bank does not charge such a commission for non-secured loans. BRD, the second-largest bank in terms of assets, charges a commission of 1% of the requested amount, but not less than 800 RON, i.e. 200 euros for applications for real estate or mortgage-backed loans. In the case of non-secured loans, the commission amounts to 2.5% of the requested amount, with the minimum being 180 and the maximum 800 RON.