A mortgage payoff letter can come in two forms. One form tells borrowers the remaining principal amount and interest they have to pay to close out the loan.This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. Below you will find links to useful forms and documents for easy and convenient access. Forms. Download free financial hardship letter templates and samples. Gather your loan or mortgage documents.