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.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 is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. Rather, reach out to our office directly and speak with a Section 32. Use a standard business letter format with your name, contact information, and the date at the top. Pay your loan online for free and take the hassle and expense out of writing and mailing checks.