This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,.This is a sample Florida mortgage payoff authorization form and should not be used or relied upon for any real estate transaction. How to fill out the Payoff Request Letter Templates? My PACE assessment on my tax bill is incorrect? Can I pay off my PACE loan early? The bank is required to prepare and record in the public records where the property is located a "satisfaction of mortgage." 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. Creating a payoff letter is essential to any loan or mortgage repayment process.