The Deed of Trust must be in a format the Sacramento County Recorder's Office will accept. 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. Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. A versatile form template designed to facilitate the process of requesting specific information from individuals, organizations, or businesses. 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.