Edit, sign, and share payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free.It may be possible to pay off your mortgage loan before the end of the loan term. Do you need a loan payoff request form? 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. How to fill out the Payoff Request Letter Templates? A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. A collection of all the forms and and documents that are posted on the San Diego Housing Commission's (SDHC) website, listed in one location. When you're ready to write offers, you should complete a formal application with your lender.