Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
The Top 7 Mortgage Tips for the Self-Employed

LOS ANGELES, Dec. 4, 2012 /PRNewswire-iReach/ -- It's no secret that mortgage lenders are requiring more information from potential borrowers than they did prior to the 2008 financial meltdown. But for self-employed borrowers, qualifying for that mortgage loan is particularly difficult. In the past, self-employed business owners were easily approved for stated-income mortgages – or, loans that didn't require tax documents or bank records to verify income. But because of more stringent lending policies, self-employed individuals in particular can expect far more scrutiny than in the past. In particular, lenders are looking for proof of stability, or a pattern of income. Fair or not, the self-employed are not considered as "safe" a bet as someone on an established salary. Simply stated, lenders want to establish that the borrower can sustain a mortgage over time. Accordingly, lenders are likely to require at least 2 years of the most recent tax returns as well as financial statements, and possibly a quarterly profit loss statement. In their assessment of finances, lenders will typically require an overall debt-to-income ratio of 41% or less, though some will be less stringent depending on other factors such as excellent credit. Speaking of credit scoring, because some lenders consider self-employed borrowers a higher risk, it is possible to offset that risk with a high credit score. A score above 740, for example, can greatly enhance a self-employed applicant's chances for approval. For self-employed applicants, the secret to success is to prepare in advance. Here's what you can do to increase your chances for success:

(Photo: http://photos.prnewswire.com/prnh/20121204/CG23816)

How to convince the bank to grant you a short sale

1. Pay-off your debts Since your debt-to-income ratios will be considered, paying off some of those liabilities can lower your levels to acceptable proportions.

2. Get your credit report in advance If there is anything negative in your credit history, take action to correct it before you apply for a mortgage. And, in the process, make every effort to raise your score above 740.

3. Adjust your income accordingly Self-employed business people are typically very aware of beneficial tax deductions that will reduce their amount of taxable income. The problem is, lenders will determine your eligibility for a loan based on your taxable income! With a deflated taxable income, it's entirely possible that you'll qualify for a loan that's far below what you need. So, a year before you're ready to apply for a mortgage, talk to your accountant and see how to maintain quality deductions, while also taking a high enough income. One solution may be to defer certain expenses to a later tax year. In fact, deferment of expenses can also enhance financial reserve levels. Remember, lenders are looking for stability – or, your ability to pay over time. Your cash reserves will be a key element.

Should you opt for a shorter mortgage?

4. Consider working with a mortgage broker Because self-employed applicants are likely to pay a higher rate for mortgage loans, it can be extremely beneficial for those applicants to work with a broker as opposed to a single institution. Brokers work with large numbers of banks and lending institutions so they are particularly well-suited to locate the specific lenders that are most appropriate for self-employed applicants.

5. Meet with your potential lenders face-to-face Online or telephone-based lenders are extremely convenient, but for the typical challenges that confront the self-employed applicant, it's better to meet with a specialized loan officer in person. Specialized experts are far more likely to direct you to a loan package that meets your specific needs.

6. Consider a joint mortgage If you're married to someone who draws a regular paycheck on a W-2, consider having them apply as the primary applicant – with you listed as the secondary applicant.

7. Make a bigger down payment Lenders tend to believe that with a greater personal investment, the borrower is less likely to default. In fact, some lenders will actually require self-employed applicants to submit a down-payment of at least 20%.

http://www.realtypin.com

Media Contact: james paffrath RealtyPin, 514-836-1432, james@realtypin.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE RealtyPin

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

SOA World Latest Stories
The consumption economy is here and so are cloud applications and solutions that offer more than subscription and flat fee models and at the same time are available on a pure consumption model, which not only reduces IT spend but also lowers infrastructure costs, and offers ease of use...
The emergence of cloud computing and Big Data warrants a greater role for the PMO to successfully manage enterprise transformation driven by these powerful trends. As the adoption of cloud-based services continues to grow, a governance model is needed to orchestrate enterprise cloud im...
The old monolithic style of building enterprise applications just isn't cutting it any more. It results in applications and teams both that are complex, inefficient, and inflexible, with considerable communication overhead and long change cycles. Microservices architectures, while the...
@ThingsExpo Announces Internet of Things Sponsorship Opportunities and its Call for Papers. Topics include all aspects of providing or using massively scalable IT-related capabilities as a service using Internet technologies (see suggested topics below). Cloud computing helps IT cut in...
There will be 50 billion Internet connected devices by 2020. Today, every manufacturer has a propriety protocol and an app. How do we securely integrate these "things" into our lives and businesses in a way that we can easily control and manage? Even better, how do we integrate these "...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE