Assumption of Loan Requirement Letter for disaster loan servicing action request packages. About this document and download.What Is Required to Assume an SBA 504 Loan? The following is a list of some documents that may be recorded if they meet all requirements, and a description or definition of each document. Are SBA 7(a) Loans Assumable? Fortunately for borrowers, SBA loans, including the SBA 7(a) loan , are fully assumable with SBA approval. The other three California decisions cited in the Court's request for additional briefing all dealt with the FDCPA, and not the Rosenthal Act. Welcome to the Contra Costa County Clerk-Recorder's Official Records Index. Enter the amount of the Second Deed of Trust, if any. Check all the applicable boxes, and complete the information requested.