This request can be made through the DMV or directly to the lender. 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. The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union. 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. The lienholder must print the letter on the official letterhead of the loan company, and an authorized officer must sign the letter. Edit, sign, and share payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free. 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.