Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started.A lender's payoff statement or letter will show the amount you need to pay to completely close out the loan. Do you need a loan payoff request form? 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. I fully intend to pay off my loan and am requesting your help to get me back on track. I have an installment loan that was predatory from 5 years ago. The Attorney General has developed this website to provide information about mortgages and foreclosures in Georgia.