This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,.Obtaining payoff letters which confirm that a secured party will release its security interest in collateral and terminate UCC financing statements is crucial. 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. The Maricopa Community Colleges are dedicated to providing a healthy, comfortable and educationally productive environment for students, employees and visitors. 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. A Payoff Letter memorializes a debtor and lender's agreement regarding a debt obligation's early payment and termination. Frequently Requested Forms, Civil Court Forms, Criminal Court Forms, Family Court Forms, Financial Forms, Probate Court Forms, Specialty Court Forms. The Board of Trustees reserves the right to consider agenda items out of their listed order.