Hi Abu,
As a local lender and a Veteran, the answer depends on the borrower.
There are many times that a VA loan ends up being the "better loan" than with conventional, but that answer will depend on your financial picture. I love offering VA loans, but they don't fit every loan scenario. I would be glad to discuss the pro's and con's of both loans so that you know and can make the decision as to which loan type would be more beneficial for you.
You can email me at dougc@fairwaymc.com or give me a call at (662) 429-5100 Ext. 105.
Thanks!
Doug Capps
Fairway Mortgage - Tue Feb 7, 2012