To sum up, I have written this letter to forclose my remaining loan amount. I am currently having an educational loan of INR 1,00,000 in your branch.Fill out this form and our personal injury or debt attorneys will contact you for a free evaluation. First Name(Required). I am writing this letter to explain my unfortunate set of circumstances that have caused us to become delinquent on our mortgage. Foreclosure Letter: Want to close your loan permanently with the full payment? Under Judicial Foreclosure: Your mortgage lender must file suit in the court system. You'll get a letter from the court demanding payment. A deed of reconveyance is only to officially document the fact that you paid off your loan. This program allows lenders to input data about their potential veteran-borrower and obtain an eligibility determination, in most cases, in a matter of seconds.