We will only issue a payoff good through the next Change Date. If the closing date is past the next Change Date an updated.A mortgage payoff letter can come in two forms. One form tells borrowers the remaining principal amount and interest they have to pay to close out the loan. Use our library of forms to quickly fill and sign your TREC contracts online. Figure: 7 TAC §155.2(c)(6) PAYOFF STATEMENT FORM Include the loan or mortgage number. Searching for a fillable Mortgage Loan Payoff Letter Template? Use our easy editor for PDF files and fill this form out quickly. A court judgment awarding money in Texas is referred to as a "money judgment.