Hard money loans provide financing in exchange for the mortgaging of real estate collateral. People were mortgaging their homes and investing their life savings. His parents bailed him out of debtors' prison, mortgaging Madison's Montpelier to raise the money. Carpenter financed much of that by mortgaging his home. Lassen lost his estate around 1851 by mortgaging the land to further his business interests. Pro-Cathedral, a remodeled house purchased by McGuire from funds obtained by mortgaging his own home. He financed his first movie, "Macabre" (1958), by mortgaging his house. Chowdary then started production of the film by mortgaging his house. Mortgaging the casino, Ruffin then purchased the New Frontier Hotel and Casino.