Financing under VA (Veteran's Administration) underwriting involves following a few steps unique to this program, as you no doubt already know (or will soon discover). I helped a veteran last year to buy a house, and although it took a bit of doing and a lot of patience, at the end of the exhaustive house-hunt, pre-approved loan in hand, we wound up with a bank owned house where we were the high bidder, and although initially we had outlined the terms according to the pre-approved financing package, there was a slight change that required the buyer to put money into the transaction, however, the seller credited nearly $10,000 and the net effect was a wash, resulting in nearly a 100% financed transaction. Oh, and by the way, the buyer was a retiree! Way to go! So, it is not a fantasy, providing you're willing to be patient and go where such transactions are plentiful. In our case, that wound up being in Pittsburg, CA (near Antioch).