To request a payoff quote, please complete the payoff quote form. This form is intended for 3rd parties acting on behalf of Mr. Cooper customers.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. Our guide will teach you how to write a letter of explanation, plus offers a free template to help you write one of your own. We are requesting a payoff statement for informational purposes under Section. 32.06(a-6) of the Texas Tax Code. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started.