A Private Mortgage Payoff Letter Template is a document that serves as proof of the outstanding balance on a private mortgage loan. Edit, sign, and share private mortgage payoff letter template online.No need to install software, just go to DocHub, and sign up instantly and for free. Private Loan Payoff Letter Template offers a clear and professional format for requesting an official statement of your loan payoff balance. Please email this information to as soon as possible. (Check one.) ☐ This request is being made prior to the end of the three year Compliance Period. If you know you're not going to be able to keep up with your loan payments, you might be better off selling the car yourself and paying off the debt. You can choose to pay off your mortgage in full before the end of your term. Find out how much you'll need to pay and get a redemption statement. My mortgage lender receives my tax information.