SoFi Blog

Whether you’re embarking on (or knee-deep in) a job search, or you just want to be prepared for your next move, you likely know how to use LinkedIn, and how important it is to have a strong LinkedIn profile in order to achieve your career goals. But does your own profile actually reflect that?

Last month, we hosted a SoFi member event in Los Angeles with special guest Johanna Maska, who shared details of her impressive career, including serving as Director of Press Advance for the Obama administration and Vice President of Marketing for the Los Angeles Times.

As someone who knows more than just a few things about transitioning big, Ms. Maska was the perfect guest speaker for our members, whose career paths are anything but traditional. Familiar with good and bad twists and turns, and some really wild rides, our members were wholly tuned in as she told her stories.

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?

New status as a Fannie Mae seller & servicer will allow SoFi to expand to more geographies and into smaller loan amounts

San Francisco, Calif. — May 4, 2016 — SoFi, a modern finance company taking an unprecedented approach to lending and wealth management, announced today that its wholly owned subsidiary SoFi Lending Corp. or an affiliate has been approved as a seller and servicer with Federal National Mortgage Association (Fannie Mae). SoFi and Fannie Mae are both highly committed to promoting homeownership, and this new designation will help the company in its mission to help financially responsible consumers buy the home they want.

“While we launched our mortgage business focused on larger ‘jumbo’ loans, the certainty and efficiency offered by Fannie Mae will enable us to serve more members by expanding geographically and into smaller loan amounts,” said Michael Tannenbaum, VP of Mortgage at SoFi. “Sixty-five percent of SoFi’s purchase customers are first-time homeowners who have what we call a ‘millennial mindset.’ We’ve designed our mortgage products for them – they value convenience and speed, and they want a range of purchase-focused products that help them to be competitive in the attractive real estate markets in which they live. We’re excited do this through Fannie Mae.”

SoFi admires Fannie Mae’s commitment to technological innovation in mortgages; it complements the strong technology investment SoFi has made to improve transparency and efficiency in the mortgage process by marrying the convenience of an online application process with exceptional live, personal support.

SoFi has been lending in the mortgage space since Fall of 2014 and is now available in 26 states and Washington, D.C. See sofi.com/eligibility for state licensing information.

About SoFi

SoFi is a modern finance company taking an unprecedented approach to lending and wealth management. We’ve replaced the impersonal, transactional bank experience with a long-term partnership, enabling our members to realize the full potential of their money, careers and relationships. Our members constantly push the limits of what life has to offer. Whether looking to refinance their student loans, buy their dream home, or simply seek advice as they ascend in their careers, SoFi provides the products and tools to match their ambitions and propel them to new levels of financial greatness. For more information, visit SoFi.com.

For press inquiries:

Laurel Toney

[email protected]

720.435.8862