In obtaining the payoff demand statement, sellers can better assess whether the liens are valid or whether they have already been satisfied. Do you need a loan payoff request form?A payoff letter shows the remaining balance on your mortgage, including fees, interest, etc. Learn more about what a payoff quote is and how to request one. A demand for payment may be requested for a real estate transaction, bulk sale, or liquor license. In each case, a demand for payment is a payoff request. One form tells borrowers the remaining principal amount and interest they have to pay to close out the loan. If you are selling or refinancing your home and you have an existing LAHD loan, we offer payoff services. Please refer to your welcome letter for the date your account information will be online. Payments. Collapse. Simply send a payoff request to LAHD to begin the process.