The bank is required to prepare and record in the public records where the property is located a "satisfaction of mortgage." Depending on your lender, you may have to sign in to an online account, call a helpline, or send a formal letter to start the request process.This is a sample Florida mortgage payoff authorization form and should not be used or relied upon for any real estate transaction. A payoff letter shows the remaining balance on your mortgage, including fees, interest, etc. Learn more about what a payoff quote is and how to request one. In some cases a mortgage company may require full pay off prior to selling or refinancing the property. Proof of Payment vi. 504 Payoff of first mortgage loan. 505. Corrected sentence fragment in 4.1. LOWER RATE for your mortgage!