A student loan payoff letter, also called a payoff statement or loan verification letter, outlines your loan's essential details. How can I ensure Fulton Bank will receive my loan payment on time?Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free. Either 'Pay Loan via Transfer' with a Fulton Bank deposit account or 'Pay Home Loan via NonFulton Account' for a nonFulton deposit account. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. Once selected, you will find your "Online" and "By U.S. Mail" payoff amounts, as shown in the example below. Use SmartAsset's free New York mortgage loan calculator to determine your monthly payments, including PMI, homeowners insurance, taxes, interest and more. WAIT TO SIGN YOUR NAME on the documents in front of a Notary Public.