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.This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. Download application forms for accounts and services, get information about credit union fees and more from Suffolk Credit Union in NY. Explore online. Note: This form must be downloaded to your device in order to be filled out properly. It must be opened in Adobe Acrobat Reader. A demand letter is an official notice requesting money, possession of assets, or action on a legal matter. A. Arrange for payoff of loans. The seller should advise its bank of the projected closing date and request a pay-off letter.