Edit, sign, and share private mortgage payoff letter template online. No need to install software, just go to DocHub, and sign up instantly and for free.Creating a payoff letter is essential to any loan or mortgage repayment process. Our free templates and this guide can help you get started. Our Payoff Letter template facilitates easy loan settlements. This document clearly outlines the final payment amount, including any interest or fees. A Private Mortgage Payoff Letter Template is a document that serves as proof of the outstanding balance on a private mortgage loan. Federal Direct Loans are the most common source of education loan in the United. States. • Letter from the homeowner's mortgage company or bank confirming a forced mortgage payoff or pay down. • Receipts for home repair, if applicable.