Robert McLister·General·July 23, 2010Payout Statement (Discharge Statement) A statement given by a lender (mortgage holder) to the mortgagor (borrower) setting out how much must be paid to discharge the mortgage. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.