Granting a conventional loan requires that the borrower provide the lender with which of the following?

The correct choice is the combination of a mortgage and a promissory note. When a borrower obtains a conventional loan, these two documents are essential components of the loan agreement.

The mortgage is the legal instrument that secures the loan, giving the lender the right to take possession of the property through foreclosure if the borrower defaults on the loan terms. It essentially creates a lien on the property, ensuring that the lender has a financial interest in it.

On the other hand, the promissory note is the borrower's written promise to repay the borrowed money. This document outlines the loan amount, interest rate, repayment schedule, and other terms of the loan. It is a binding contract in which the borrower commits to the lender that they will repay the loan according to the specified terms.

Together, these documents protect the lender's interests and set the legal framework for the borrowing relationship. This is why the combination of a mortgage and a promissory note is required when granting a conventional loan.