A payoff request can be created and mailed for free. How long does it take to obtain a payoff?Arrange for payoff of loans. The seller should advise its bank of the projected closing date and request a pay-off letter. Apple Bank in New York offers a variety of personal and business banking services. How do I set up my monthly mortgage payment? The mortgage discharge or lien release is recorded. (installment) in order to qualify for the Mortgage, payoff must be documented in the Mortgage file. Use SmartAsset's free New York mortgage loan calculator to determine your monthly payments, including PMI, homeowners insurance, taxes, interest and more. She would send out the form for me to fill out and send back.