How to fill out the Payoff Request Letter Templates? A payoff statement is a document that shows how much money a borrower must submit to fully pay off a loan.A lender's payoff statement or letter will show the amount you need to pay to completely close out the loan. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. Please note: this process can take up to 30 days to be completed. Use your Visa, MasterCard, Discover, or American Express card to make a payment on the department's convenient and secure online payment system. Edit, sign, and share payoff letter online. No need to install software, just go to DocHub, and sign up instantly and for free. How do agents completing Pennsylvania title applications obtain each lienholder's FIN?