This form is a sample letter in Word format covering the subject matter of the title of the form.
[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Bank Name] [Bank Address] [City, State, ZIP] Subject: Payoff of Loan — [Loan Account Number] Dear [Bank Name], I hope this letter finds you in good health. I am writing to request a detailed payoff statement for my loan held by your mortgage company. I am excited to inform you that I am ready to settle the outstanding balance on my loan and finally become debt-free. As a resident of Houston, Texas, I am grateful for the opportunity to have received a loan from your esteemed institution. The loan account number associated with my mortgage is [Loan Account Number], and I would appreciate your immediate attention to this matter. Please provide me with a comprehensive payoff statement that outlines the exact amount necessary to satisfy the remaining balance on my loan, including all accrued interest and any applicable fees or charges. Kindly make sure the statement reflects the precise payoff date and lists any requirements or instructions for payment, if applicable. To expedite the process, I have enclosed a cashier's check for an amount equal to the current outstanding balance on my loan. I kindly request that you carefully review the enclosed check and advise me promptly if any additional funds are necessary to complete the payoff. As per the terms of my loan agreement, I expect the mortgage release and satisfaction documents to be prepared promptly upon receipt of the full and final payment. Once the paperwork is ready, please send it to my residential address mentioned above via certified mail. I understand that addressing account closures takes time, diligence, and attention to detail. Therefore, I would appreciate your confirmation of the receipt of this letter within 10 business days. Please reach out to me at [Phone Number] or [Email Address] with any updates or if you require any additional information. Thank you for your time and assistance throughout this loan period. The experience with [Bank Name] has been outstanding, and I commend your team for the exceptional service provided. I look forward to receiving the requested payoff statement promptly to complete this satisfying milestone in my financial journey. Sincerely, [Your Name][Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Bank Name] [Bank Address] [City, State, ZIP] Subject: Payoff of Loan — [Loan Account Number] Dear [Bank Name], I hope this letter finds you in good health. I am writing to request a detailed payoff statement for my loan held by your mortgage company. I am excited to inform you that I am ready to settle the outstanding balance on my loan and finally become debt-free. As a resident of Houston, Texas, I am grateful for the opportunity to have received a loan from your esteemed institution. The loan account number associated with my mortgage is [Loan Account Number], and I would appreciate your immediate attention to this matter. Please provide me with a comprehensive payoff statement that outlines the exact amount necessary to satisfy the remaining balance on my loan, including all accrued interest and any applicable fees or charges. Kindly make sure the statement reflects the precise payoff date and lists any requirements or instructions for payment, if applicable. To expedite the process, I have enclosed a cashier's check for an amount equal to the current outstanding balance on my loan. I kindly request that you carefully review the enclosed check and advise me promptly if any additional funds are necessary to complete the payoff. As per the terms of my loan agreement, I expect the mortgage release and satisfaction documents to be prepared promptly upon receipt of the full and final payment. Once the paperwork is ready, please send it to my residential address mentioned above via certified mail. I understand that addressing account closures takes time, diligence, and attention to detail. Therefore, I would appreciate your confirmation of the receipt of this letter within 10 business days. Please reach out to me at [Phone Number] or [Email Address] with any updates or if you require any additional information. Thank you for your time and assistance throughout this loan period. The experience with [Bank Name] has been outstanding, and I commend your team for the exceptional service provided. I look forward to receiving the requested payoff statement promptly to complete this satisfying milestone in my financial journey. Sincerely, [Your Name]
