Note, Security and Guaranties: Release (6-381-2932)). This is an example of a payoff letter used in a syndicated loan transaction.Please include a per diem amount in the statement. 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. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. 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. Hansard record of the item : 'House of Lords (Hereditary Peers) Bill' on Wednesday 11 December 2024.