Edit, sign, and share loan payoff letter online. No need to install software, just go to DocHub, and sign up instantly and for free.This Payoff Transmittal Letter serves as a formal request to close your loan account. Whenever possible, the account should be "frozen" prior to closing when requesting the payoff letter. The NC SAFE Act requires licensure or registration for individuals and companies who engage in the mortgage business or process and underwrite mortgage loans.