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.Mortgage Payment Hardship​​ If you would like us to contact you to discuss your situation, please complete this form. Rescission is the process of unwinding the loan and returning the borrower and the lender to where they were before the loan was issued. Statutory purpose of the REO program is fiduciarynamely, to recoup funds paid out in loan guaranty claims as a result of foreclosure. The homeowner pays off their mortgage debt or overdue payments and reclaims their house through redemption. A mortgage lien, for example, is specific to the house you took a mortgage loan on. If applicant is a student disregard this form and request a Student Verification Form. Get a Texas Property Tax Loan in three easy steps! No Credit Check, No Payments for 12 Months, Low Fixed Rates, and No Cash Due at Closing!