By including a per diem amount in the letter, the parties will not have to execute another payoff letter if the termination date. Please accept this as my authorization to issue a payoff statement to.Through an effective date of . A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. To get a payoff letter, ask your mortgage lender for an official payoff statement and let them know what the projected closing date is. Illinois, Chicago, IL. Aaron Gornstein, At-Large Executive Committee,. Index for the Los Angeles Region. Multiple grower workshops and rule development meetings will be planned and noticed separately in the Florida.