I (we), the owners of the above mentioned property, authorize you to release all mortgage and payoff information to Chicago Title. Edit, sign, and share private mortgage payoff letter template online.No need to install software, just go to DocHub, and sign up instantly and for free. Private Loan Payoff Letter Template offers a clear and professional format for requesting an official statement of your loan payoff balance. You should definitely keep the letter telling you that your loan was paid off in full. We'd also want you to keep at least the most current loan statement. A mortgage lender might ask you to write a letter of explanation to better understand your finances when deciding whether to approve you for a loan. Send sample payoff letter for private mortgage via email, link, or fax. You can also download it, export it or print it out. Are you looking for some assistance and based out of the U.S.?