Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started.How to fill out the Payoff Request Letter Templates? 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. This payoff letter (including the defined terms such as Lenders,. Consumer Product Technology — Field Methods. This is a standard form of payoff letter. ▷ Do not enter social security numbers on this form as it may be made public.