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? 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. Complete the form below to submit your payoff request. Finish redacting the form. Payoff of first mortgage loan. 103. MSHDA HHF (StepForward) LOAN SERVICING. The Step Forward Michigan program is closed as of Saturday, October 31st, 2020.