This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,.Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. 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. One way to fix an error on your credit report is to write a credit dispute letter and mail it to one or more credit bureaus. Do not include a credit report as proof of payoff.