A 10day payoff refers to the time it takes for your new lender to pay off your old loans during a refinance. It's the payoff amount 10 days in the future.By including a per diem amount in the letter, the parties will not have to execute another payoff letter if the termination date. Your 10day payoff letter is crucial to ensuring that your new lender sends the correct amount of money so there is no outstanding loan balance left over. A 10-day payoff statement is a document from your lender that gives us the payoff amount to purchase your vehicle, including 10 days worth of interest. Conforming changes to agency riders and informational items have also been made. Council discussion, if necessary, will commence with Councilmember Teague. 10. He said there are a few ways to fill that, such as a mezzanine loan or extending the loan. Is no response to the second letter, a third certified letter will be mailed at the 60 day mark. Note that Form HUD-2530 is no longer accepted for ORCF projects.