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Understanding Hard Money Loans – Midland-Texas If you’re looking for a way to borrow money without the use of traditional mortgage loans, then hard money could be the answer. Hard money loans are asset-based and many real estate investors turn to them when they are unable to secure a traditional mortgage.

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Former House Speaker Tom Craddick, R-Midland, meanwhile, has filed a bill to establish a loan database so regulators can make sure lenders aren’t refinancing loans more times than the law allows. This.

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