Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started.Check out our loan payoff statement template selection for the very best in unique or custom, handmade pieces from our templates shops. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. 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. Check out our loan payoff template selection for the very best in unique or custom, handmade pieces from our templates shops. Fill out form 41.44, Property Appraisal – Notice of Protest, under FORMS > POPULAR FORMS on the HCAD website. A payoff letter provides instructions on how to pay off a loan with a lump sum before the loan term ends.