Download free financial hardship letter templates and samples. This is an example of a payoff letter used in a syndicated loan transaction.This payoff letter (including the defined terms such as Lenders,. 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. Your computer must have the Adobe Acrobat Reader installed in order to view any of these documents. Hardship letters can be a crucial part of your debt resolution. NEW ISSUE – BOOK-ENTRY ONLY.