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.How to fill out the Payoff Request Letter Templates? The mortgage payoff calculator helps you find out. Fill out the form below and we will get back with you as soon as possible. Pay your mortgage, auto, personal or business loan with your Valley account, or use the alternative methods listed below. After you have closed your saved form, reopen the saved document on your computer, fill out, and save the form. • Request for Mortgage Payoff Letter(s) (if applicable): Must be filled out completely. A company can't do anything you can't do for yourself. The banl immediately sent me a letter and placed me in collectiuon status and sent me financial forms to fill out in 10 days, or else foreclosure would begin.