Before you apply for your Home Loan with Sacramento Credit Union, you can use this handy home loan calculator to figure out what your mortgage payment will be. Creating a payoff letter is essential to any loan or mortgage repayment process.Our free templates and this guide can help you get started. The first step is to get in touch with your lender or loan servicer. You can find their contact information on your monthly statements. A payoff letter provides instructions on how to pay off a loan with a lump sum before the loan term ends. Learn how payoff letters work.