This document provides a sample payoff request letter that can be used as a guide. Send sample payoff letter for private mortgage via email, link, or fax.You can also download it, export it or print it out. A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. Office closure Our Los Angeles office is currently closed. A Loan Estimate tells you important details about a mortgage loan you have requested. Your loan program can affect your interest rate and total monthly payments. We hit up Disney World, Los Angeles and Florida that year.