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.Use a standard business letter format with your name, contact information, and the date at the top. 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. A 10 day payoff is crucial to getting your old loans paid off during a refinance. Learn how it works from start to finish. Edit, sign, and share private mortgage payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free. Add the Loan payoff letter for editing.