This is a standard form of payoff letter. Online filing and searching available through SOSDirect.For information or to subscribe, call (512) 475-2703. This report consists of management's representations concerning the finances of the County. If you have insurance, an Explanation of Benefit (EOB) statement is required to document your claim. 10. 1. Enter the lender's name and loan account number. A payoff letter provides instructions on how to pay off a loan with a lump sum before the loan term ends. Learn how payoff letters work. 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.