To release a lien or security interest, contact the lender holding the Lien to electronically release the title. The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union.How to submit this form: Submit this form along with required documents and applicable tax to the county tag office in the county where the primary purchaser. We accept all methods of payment for a payoff (online, phone, mail). The Electronic Lien and Title (ELT) program provides paperless vehicle titles to participating financial institutions. (TMIS) and its subsidiaries. If I'm at the dealership and have picked out my new car, can I get auto financing quickly through Navy Federal? It's the same as a payoff letter, but it can be used when you're paying off a loan that involves collateral, such as a home or a car. Fill out affidavit of motor vehicle gift transfer.