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.In this post, I would like to discuss another method for clearing defects in title that can work just as effectively in certain circumstances. 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. 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,. Include the loan or mortgage number. Follow the instructions carefully, ensuring accurate information input.