A mortgage payoff letter can come in two forms. One form tells borrowers the remaining principal amount and interest they have to pay to close out the loan.You will find our Residential Loan Application below. Please complete and submit the form and we will return your inquiry as soon as possible. Edit, sign, and share loan payoff letter online. No need to install software, just go to DocHub, and sign up instantly and for free. This is a standard form of payoff letter.