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.This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. 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 Payoff Transmittal Letter serves as a formal request to close your loan account. Below you will find links to useful forms and documents for easy and convenient access. We've partnered with LoanCare, a leading national mortgage servicer, to better support all of your home loan needs.