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 can be created and mailed for free. How long does it take to obtain a payoff? Payoff letters are often requested when one. (1) sells one's home;. This document is a debt payoff letter from a debtor to a creditor. In order to process your homeowner mortgage servicing request, you must submit the following: Mortgage Servicing Request Form, Mortgage Servicing Fee. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,.