Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started.This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. 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. I am trying to pay off my mortgage on a lease purchase agreement and the executor of estate still hasn't told me the payoff? Download newest version of Mortgage Payoff Land Contract Form • Customize, fill out, and submit online • Sizable directory of various templates and PDFs. The FDIC may be able to assist you in obtaining a lien release if the request is for a customer of a failed bank that was placed into FDIC receivership. Filling out this form is straightforward.