u/Eggerghan

Hey everyone, looking for some perspective or sanity checks from anyone who’s navigated last-minute mortgage underwriting chaos.

My fiance and I bought a freehold townhouse in the GTA for ~$900k. We have over 22% down ($200k+ liquid), $171k combined gross annual income, zero debt, and 800+ credit scores each. Our home inspection already went through completely clean, and we got our status certificate on Friday evening with that deadline being Wednesday at 11:59pm. Our condition of financing expires tomorrow (Monday) at 11:59pm.

Everything was on track with Scotiabank for a 3-year fixed, until Friday afternoon when things went sideways. Scotia’s underwriter went to pull my credit bureau, and the system threw an error. I called TransUnion directly at 3pm Friday, and the rep told me I have a split file. Apparently, my identity is fragmented into two accounts:

• Account 1: Has my old address and correct SIN, but my birth month is literally wrong (says July instead of August).
• Account 2: Has my current address and correct birth date, but is missing my SIN entirely.

TransUnion said they opened an urgent rush case to merge both profiles, but stated it takes 3 business days. Scotia refused to touch the file without the TransUnion report and basically left us hanging going into the weekend.

Our broker acted fast and submitted us to Meridian CU on Friday evening. Rate is actually better: 4.49% 3yr fixed (Scotia was 4.59%). So we're told by our broker that Meridian uses Equifax, not TransUnion. My broker pulled my Equifax report and it is 100% unified, zero errors, and clean credit score.

I packaged every single paper trail document (T4s, paystubs, 90-day statements across all accounts, gift letters, etc.) into a drive so the underwriter has the full file at 9am Monday. My broker is flagging it as an "urgent same-day expiry" with his BRM.

The reason we are sweating buckets is because can Meridian realistically pull off an initial conditional approval and automated valuation (AVM) between 9am and 5pm Monday? Similar comps in the complex sold recently between $885k and $1M, so property valuation shouldn't be an issue, but the 1-day turnaround is tight. On Friday, after hearing the TransUnion news, our realtor floated a 48hr extension to the listing agent just to see. The listing agent said "the sellers probably won't extend." (Probably trying to pressure us, but who knows).

Questions for you guys:

1. Has anyone had Meridian Broker Services turn around an AVM and conditional approval in ~6-8 hours on an escalated file?
2. If Meridian gives us a conditional approval and passes the AVM by late Monday afternoon, but still needs Tuesday to audit all the 90-day bank statements, would you risk waiving clean or force an amendment extension on the seller?
3. Anyone ever dealt with a TransUnion split-file merge? Did their "3 business day rush" actually happen faster, or did it drag out?
4. What the hell would you guys do in my shoes? I'm confident we can get a mortgage given our circumstances, but these unknowns are stressing us out.

Appreciate any advice or experiences. Trying to keep my blood pressure down until Monday morning.