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 financial aid appeal letter may help you get more money. A student loan payoff letter, also called a payoff statement or loan verification letter, outlines your loan's essential details. Private Loan Payoff Letter Template offers a clear and professional format for requesting an official statement of your loan payoff balance. Private Student Loan Payments template. You're saying: "I am submitting more money than what I owe; here is how I want the payment processed. Use the sample letter on the next page to tell your loan servicing company how you want the overpayment processed. How to use this template: 1. New American Funding is a direct mortgage lender offering an array of mortgage loan options including purchase, refinance, and first time home buyer loans.