It is not a pre-requisite of VA however, lenders make very little if any money on those loans and usually 1% is charged by the Lender. For example: If I sold you a bushel of apples I bought frommmy supplier at $100. and sold them to you for $100, I wouldn't make any money so therefore I wouldn't stay in business long to sell more apples. If I go out of business, Noone will be able to buy my apples! (sorry for the poor analogy) I hope this helps.
Have a Happy and Healthy New Year!
Michael D Delp
4802 Old Bethlehem Pike,
Telford Pa. 18969