AGMB Handles Mortgage Assignments for the Following Lenders: Click on the bank name to find the forms. Fill out the form for the selected lender.Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free. Note that the fields marked with the red asterisk must be filled out in order to proceed and submit the form. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. It is a way of consolidating all of your debts into a single loan with one monthly payment.