The fee must be received prior to the calculation of the payoff. This is a standard form of payoff letter.If there is a lien on a property you own or are looking to buy, you can apply for a lien settlement to reduce the fine amount due. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. Here are all the phone numbers and addresses you'll ever need. If you ever have a concern or a question, our aim is to resolve it for you quickly. We'll help you find out who to contact and how. Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free.