A mortgage payoff letter can come in two forms. One form tells borrowers the remaining principal amount and interest they have to pay to close out the loan.If you have questions about completing this form, please call 1-855-290-4759. Step 1: Get the payoff amount and instructions. Explore mortgage options, compare rates, and calculate your monthly payments. How to fill out the Payoff Request Letter Templates? Wherefore, Applicant prays that the Court authorize and direct Marilyn Burgess,. Take advantage of a stable mortgage rate that may make it easier to plan and budget for the long term. I require compliance with the terms and conditions of this letter with 30 days or a complete withdrawal, in writing, of any claim. If you have two credit cards, keep the older one open until after completing your mortgage application; long-term relationships positively impact your score.