This document provides a sample payoff request letter that can be used as a guide. State Home Mortgage Official Payoff Request form .20 days of you paying off your mortgage in full, you should send your servicer a written notice of error. One form tells borrowers the remaining principal amount and interest they have to pay to close out the loan. If the application is approved, the lender will offer the borrower a loan of up to a certain amount and at a particular interest rate. Preferred Rewards members may qualify for an origination fee or interest rate reduction based on your eligible tier at the time of application. How to fill out the Mortgage Payoff Statement Request Form?