We've got the answers in our FAQs. This is an example of a payoff letter used in a syndicated loan transaction.This payoff letter (including the defined terms such as Lenders,. Visit a branch to speak with a Customer Service Representative to get started today. We offer a variety of ways to submit funds to payoff and close your loan. Attn: Loan Operations Fulton Bank, NA 1695 State Street East Petersburg, PA 17520 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. This Payoff Transmittal Letter serves as a formal request to close your loan account. Letter stated that "Nationstar is the mortgage loan servicer for 'U.