This is a sample Florida mortgage payoff authorization form and should not be used or relied upon for any real estate transaction. This document provides a sample payoff request letter that can be used as a guide.Edit, sign, and share sample payoff letter for private mortgage online. No need to install software, just go to DocHub, and sign up instantly and for free. Payoff of first mortgage loan. 103. In the formula, B stands for the payoff balance due in dollars. L is the total loan amount in dollars. This is an example of a payoff letter used in a syndicated loan transaction. Why does the mortgage company care? How to fill out the Mortgage Payoff Statement Request Form?