Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started.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. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. How to fill out the Payoff Request Letter Templates? After completing the guided interview, you will see next steps instructions on what to do with your forms and how the court process works. Otherwise, there's a risk that documents may record out of order. Non-related documents should be sent to the county in separate packages.