We are requesting a payoff statement for informational purposes under Section. 32.06(a-6) of the Texas Tax Code.A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. We will provide a payoff statement and accept payment on the account. Complete our Mortgage service or holder of the lien on a property form to receive a copy. Knoxville TVA Employees Credit Union offers personal and business checking, savings and loans to the East Tennessee area. The transfers are free between your PSECU checking and savings accounts. Request a Payoff Statement. We audited American Property Financial (American), a nonsupervised loan correspondent approved to originate Federal Housing Administration mortgage.