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.Our Travis Quick-Pay service allows you to make a loan payment or credit card payment using a debit card, or your checking or savings account. 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. This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,. No matter the loan, we're with our borrowers every step of the way, from application to closing. It's no wonder we are a five-star rated lender on Zillow. This Payoff Transmittal Letter serves as a formal request to close your loan account.