Q&A is in today's paper. The final question sums it up for some people.
If you want to know what Peter Tourigny sells, you may want to sit down. The explanation will take awhile.But that explanation may be worth it for seniors who want to tap into their home's value.
Tourigny, 41, sells reverse mortgages as a local loan officer. He is branch manager of a Manhattan Beach office affiliated with Colorado Federal Savings Bank.
Tourigny entered the mortgage industry in 1980 by joining his father's mortgage brokerage in Buzzards Bay, Mass.
In 1998, a love of beach volleyball led the younger Tourigny to Southern California, where he opened a loan office attached to his father's East Coast office.
Tourigny, who lives in Manhattan Beach, also sells conventional mortgages.
What does your job entail vis-a-vis reverse mortgages?
Educating the senior population about reverse mortgages. It's a loan for senior homeowners. You have to be at least 62 years old to qualify for this mortgage. And you have to live in your house as your primary residence.
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