All forms are printable and downloadable. PAYOFF STATEMENT FORM (Texas Real Estate Contracts).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. Demand Letter Templates (22) – with Samples. Do you need a loan payoff request form? 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. SECTION 50(a)(6), ARTICLE XVI, OF THE TEXAS CONSTITUTION ALLOWS CERTAIN LOANS TO BE. SECURED AGAINST THE EQUITY IN YOUR HOME. A Paid in Full letter will be sent to you approximately 30-45 days after the payoff payment is applied to your loan.