Create a Loan Payoff Letter online and download it as a PDF or Word document. Customize and print a blank Loan Payoff Letter for free.This is an example of a payoff letter used in a syndicated loan transaction. A payoff letter provides instructions on how to pay off a loan with a lump sum before the loan term ends. Learn how payoff letters work. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. In Arizona, a loan must be paid off in no less than 3 months, but you and the pawnbroker can agree on a longer term. Frequently Requested Forms, Civil Court Forms, Criminal Court Forms, Family Court Forms, Financial Forms, Probate Court Forms, Specialty Court Forms. NOTE: Enrollment in this program is restricted to state and county staff involved in the valuation of property for ad valorem purposes.