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.Do you need a loan payoff request form? Edit, sign, and share lien payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free. This form is furnished to give you a statement of actual settlement costs. Download newest version of Mortgage Payoff Land Contract Form • Customize, fill out, and submit online • Sizable directory of various templates and PDFs. Payoff of first mortgage loan. 103. Up to, but not including, the day the payoff funds were received. All other FHA mortgage loans (regardless of the date they were endorsed for MI).