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.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. A Payoff Request Form is an essential document for those looking to fulfill the remaining balance on a home equity line of credit. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. Signature loans, credit cards, and student loans fall into this category. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,.