All Retail Payout and Discharge Requests for lawyers can be completed digitally starting October 30th
Payout Statement and Discharge requests for Meridian retail mortgages can now be submitted digitally through the Assyst Real Estate (ARE) platform, free of charge.
There are no fees to enroll or use the ARE discharge solution. Please request payout statements no less than five (5) business days in advance.
To get started using ARE, enroll through https://login.assystrealestate.com/onboarding.
If you already use ARE, simply click the Discharge tab at the top of your file and the main discharge page will display.
- For assistance using ARE, call 1-877-418-7511.
- To request up-to-date balances for Retail Lines of Credit or if you have questions about a payout statement request already submitted, contact Meridian at 1-866-516-3044.
- Commercial payout and discharge requests are not processed through ARE. Please contact the branch listed on the Member’s statement for these requests.
- Do not make duplicate requests. If you have already requested a payout statement for a mortgage charge, you will be prevented from requesting again.
- Include details of the Member account number.
- Please allow a minimum of five (5) business days for the request to be completed. Requests made with less than five (5) business days might not be completed on time.
All residential mortgage transactions are electronic
Meridian Credit Union now delivers all residential mortgage transactions electronically using Assyst Real Estate® Powered by TELUS.
Meridian Credit Union fully supports and believes in the many advantages Assyst Real Estate® brings to the residential mortgage process for the solicitor community. Assyst Real Estate® is our exclusive distribution process.
See below for more information or contact Operations Processing - Mortgages at 1-866-516-3044.
For Small Business and Commercial mortgage transactions, follow the fax instructions sent to you.
*For Small Business and/or Commercial use
Join Meridian in our commitment to the environment by using TELUS Assyst Real Estate to eliminate paper document management and simplify document version control.
We are excited to announce that we have adopted the Assyst Real Estate® solution as our preferred method of residential mortgage processing. Assyst Real Estate® is a national web-based solution that seamlessly links lenders to the legal community to execute residential mortgage transactions electronically and facilitates instructing, funding and reporting of mortgage loans.
How to access Assyst Real Estate®
TELUS has partnered and integrated with industry leading conveyancing software providers to provide access to Solicitors and Notaries across Canada:
Stewart Title Guaranty Company: provides access in all Provinces across Canada (excluding Quebec). Stewart’s unwavering commitment to enhancing the real estate closing process has earned them the trust and loyalty of the legal community. Stewart offers Assyst Real Estate® integration with The Conveyancer (by Do Process) or as a standalone version.
Dye & Durham: provides access in British Columbia, Alberta and Ontario. Dye & Durham’s dedication to innovation that facilitates legal work has made them one of the leading providers of legal web applications in Canada. Dye & Durham offers Assyst Real Estate® integration with econveyance (by Dye & Durham).
How to enroll
Get more information and enroll for Assyst Real Estate®.
If you are already enrolled for Assyst Real Estate®, you will automatically see your Meridian files in your account. No further action is required. OR, if you are not yet enrolled for Assyst Real Estate®, visit this webpage.
Receive new files and updates to mortgage files electronically in real time via a single portal
Eliminate paper documents (no more mortgage documents via fax)
Eliminate data entry (no more rekeying of information) with prepopulated mortgage documentation with all the borrower(s) and mortgage details
Enhanced fraud protection using electronic digital signatures
On-Screen tracking and streamlined electronic return of documents process (Assyst Real Estate® is integrated into desktop conveyancing applications The Conveyancer & econveyance applications)
Eliminate needless communications with a direct link to the financial institutions
Create efficiency with a standardized process by receiving and submitting documents electronically
Assyst Real Estate’s electronic based transactions meet the strict processing requirements of the large Canadian Financial Institutions to ensure security and integrity of the data processed.
There is no cost to enroll. There is a fee for receiving electronic mortgage files of $30 (plus tax) per transaction. Learn more about Telus Assyst.