Tarrant Mortgage Residential Financing. 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. A 10 day payoff is crucial to getting your old loans paid off during a refinance. Learn how it works from start to finish. 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. If the deceased person had a mortgage, contact their lender and ask for a payoff statement. Add or Remove a Lien on a Vehicle. To add or remove a lien on your vehicle title, visit your local county tax office.