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.☐ This request is being made after completion of the three year Compliance Period. Thank you in advance for your assistance on this matter. Sincerely, 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. Diablo Unified Community, I am thrilled to introduce this week's Friday Letter, filled with inspiring stories and events happening across our District!