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.Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. Evaluating loan types, interest rates, and fees to determine the home financing option that's right for you. How the information on your application is used. Use a standard business letter format with your name, contact information, and the date at the top. • Received phone call from Middlesex homeowner regarding assistance available for septic repair.