A versatile form template designed to facilitate the process of requesting specific information from individuals, organizations, or businesses. 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 mortgage payoff statement can be a useful piece of documentation for some borrowers to request. LOAN PAY-OFF REQUEST FORM. This form must be completely filled out and submitted along with all required documents. A payoff letter shows the remaining balance on your mortgage, including fees, interest, etc. Learn more about what a payoff quote is and how to request one. A mortgage payoff statement details the total amount needed to fully pay off a loan as of a specific date. Interested in borrowing money for a mortgage, personal loan, or auto loan?