This document provides a sample payoff request letter that can be used as a guide. In this post, I would like to discuss another method for clearing defects in title that can work just as effectively in certain circumstances.Most escrow or title companies have a simple demand form you can request and fill out detailing the payoff. Do you need a loan payoff request form? How to fill out the Mortgage Payoff Statement Request Form? A letter of explanation consists of short descriptions you can use to fill in the gaps in your paperwork for your underwriter. For example, if your local taxing authority increases your property taxes, your escrow payments could go up. La Maestra was able to lock in much lower interest rates than if it went into the bond market without Cal-Mortgage loan insurance. You can also select topics in the categories below. New Loan FAQs Loan Servicing FAQs. Topics.