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.Please include a per diem amount in the statement. For example, when I pay off my car, I get a title back from my bank. Do I get any such letter from my mortgage company that I need to keep? This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. What types of mortgages do you offer? Fulton mortgage rateswhat documents i pay off your ability and direct. During the two weeks it took me to get that payoff letter Third Federal closed my loan.