Edit, sign, and share lien payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free.A student loan payoff letter, also called a payoff statement or loan verification letter, outlines your loan's essential details. A 10 day payoff is crucial to getting your old loans paid off during a refinance. Learn how it works from start to finish. 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. A payoff letter template is a pre-made document used to inform a lender or creditor that a borrower has fully paid off their loan or debt. This is a great place to start. Insurance Letters FAQ's. Motor Vehicle Insurance.