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.This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. If you later want to refinance your first mortgage, you will have to pay off the City of Alameda Down Payment Assistance Loan except in the event of loan. Fill out the form for the selected lender. Note that the fields marked with the red asterisk must be filled out in order to proceed and submit the form. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. First 5 Alameda County.