By including a per diem amount in the letter, the parties will not have to execute another payoff letter if the termination date. Please accept this as my authorization to issue a payoff statement to.Through an effective date of . A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. Requests may be sent to State Home Mortgage via email, as long as the form is completely filled out. Searching for a fillable Mortgage Loan Payoff Letter Template? Use our easy editor for PDF files and fill this form out quickly. Interest will continue to accrue past the payoff date if the loan is not paid off. Requests may be sent to State Home Mortgage via email, as long as the form is completely filled out. Ensure that the county office name is noted in Section I of the voter registration application.