Use a standard business letter format with your name, contact information, and the date at the top. The City of San José processes requests for payoff demands of existing homebuyer and home repair loans, and affordability restrictions (i.e.How to fill out the Payoff Request Letter Templates? Are you looking for a loan agreement form in California? Download our free California Loan Agreement Form which is available as PDF or Word documents. A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. 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.