A lender's payoff statement or letter will show the amount you need to pay to completely close out the loan. The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union.The first step is to get in touch with your lender or loan servicer. You can find their contact information on your monthly statements. If you are looking to payoff your vehicle, there is a sample letter form that you can use as a guide. The letter should be professional and informative. 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. If you have questions about your loan with Servbank and would like to speak to someone, please call us at (866) 867-0330. Make payments anytime, anywhere.