Close up of front porch. Edit, sign, and share sample payoff letter for private mortgage online.No need to install software, just go to DocHub, and sign up instantly and for free. Loan payoff statements tell borrowers how much they must pay to close out a loan. Due to interest, etc. To process your request as quickly as possible, complete the online Loan Payoff Quote form, send a written request or call our Loan Servicing department. A loan servicer is the entity that handles all billing and accepts loan payments. A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. Find out where to get free, highquality, oneonone financial counseling. Create a Loan Payoff Letter online and download it as a PDF or Word document.