SoFi Blog

Name: Nicole Gaines                                                                                                     

Locale: Nashville, TN                                                                                                    

Alma Maters: UC Chattanooga & Cumberland University                                                

By Day: Registered Nurse at Vanderbilt Medical Center                                                                                               

SoFi Member Since: 2015                                                                                             

Approximate SoFi Loan: $37,000                                                                                    

SoFi Savings: ~$500/month

Nicole Gaines is a single mother, full-time nurse, dedicated daughter, community volunteer, and bikini contest competitor. Needless to say, she is the definition of success. Nicole shares that her secret is in making it a priority to take care of herself in order to take care of others.

Buying your first home is one of those irreplaceable, once-in-a-lifetime experiences. It’s also incredibly overwhelming. So we thought, why not kick things off over happy hour?

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Millennials are positioned to make a big impact in this year’s presidential election—if they turn out to vote.

• Young voters were a key factor in the election of Barack Obama. Obama won 66 percent of the under-30 vote in 2008 and 60 percent in 2012.
• Young voter turnout increased substantially in the last two elections. About half of eligible voters aged 18-29 voted in the 2008 and 2012 presidential elections, compared to less than 40% of voters that age during the 1990s.
• Young voters have the numbers to make a difference. For the first time, the millennial voting population equals that of baby boomers.

Today’s 20- and 30-somethings are facing unprecedented financial challenges, like unemployment, stagnant wages, and student loan debt. This year’s election is a huge opportunity for young voters to make their voices heard. The presidential candidates are talking (a lot) about finances and the economy, and our next president’s actions will likely have a big impact on everyone’s financial future.

Check out our guide below to the 2016 presidential candidates and their stances on the issues that impact young professionals’ financial health.

Thinking of buying a home this year? With interest rates, rents and housing prices all on the rise, this could be an opportune time to make it happen – and an interest-only mortgage loan might be the thing that makes it possible.