Question 48 View Policies Current Attempt in Progress In order to prevent excessive home loan defaults, banks can require borrowers to have at least a high school education subcontract loan originations to a third party whose loan officers are rewarded on the basis of loans generated require borrowers to show proof that they have lived at the same address for at least ten years. require proof of income, employment, and verification of assets as well as an independent appraisal of the property's value. Save for Later Attempts: 0 of 1 used Submit