Edu for a Payoff Request. 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 is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. Do you need a loan payoff request form? The Commonwealth offers various options to make loan repayment as easy as possible for borrowers. Payoff of first mortgage loan. 103. Adjusting paperwork with our comprehensive and intuitive PDF editor is simple. A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment.