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.How to fill out the Payoff Request Letter Templates? The FDIC may be able to assist you in obtaining a lien release if the request is for a customer of a failed bank that was placed into FDIC receivership. 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. It lays out each fee and dollar still due before you completely pay off your mortgage. Here's how it works. Complete the form to download your free New York Mechanics Lien Release Form template. Nonpayment of such bill may result in a lien on the property. (c).