I do sales with FHA and VA loans all day long with no issues. And my local lenders also get them closed in 30 days or less. No muss, no fuss.

Being a VA or FHA buyer is not particularly easy in my market when competing against conventional financing and all cash offers.  Patience is key.  

  I don't see very many of them here in Tallahassee.  The last one I saw was an FHA 203(K) for a fixer-upper.

We do a lot of both FHA and VA loans.  We have a lot of flip homes here in AZ. One nice thing about VA loans is you don't have the 90 day flip rule like FHA.

VA & FHA are both very common in our market so... important! ;)

In my market VA is virtually non existent, I just put one in escrow and should write about it:))Endre

I avoid govt programs whenever possible.

I'm seeing a lot more FHA when buyers haven't quite gotten past that 7 year mark for bankruptcy/short sale/foreclosures.

VA is rarely accepted because most lenders don't specialize in them and don't know how to structure the loan to avoid the seller credit requests (out here, it's usually $8,000-$12,000).  If the lender KNOWS VA, then those offers come in w/o seller credit requests and can be just as strong as a conventional loan (on a well kept/remodeled house).

We have a ton of FHA & VA in our area.  Sadly for them, in a hot market with multiple offers sellers look at cash & conventional loans more favorably than FHA & VA so sometimes multiple bidding can be hard on those buyers.  But they prevail, and they do buy.  We do a lot of them. -Kasey

Most of my clients go conventional; FHA is probably more prevalent in our area than VA but, we see those as well. Neither are impacting the clients who use them negatively - no real issues with either one here, other than the sellers may need to be educated on them. Some are still of the mindset that FHA & VA appraisers are evil!  

Most of the first time homebuyers are using FHA loans to make a purchase.

Most of my clients who get loans use conventional but I also see VA loans with the high military population in this area.

No..most all of mine are conventional or cash. But as a listing agent if we have multiple offers cash is usually king and Conventional a close second.

It's very important in my area. I think that assn's also do not realize the importance of being FHA approved help 'sell' their community. 

I have seen that we have to use it because of credit blips & ratios in buyers loans. Conv has gotten better though over the years.

I can honestly say that I don't even see a VA loan in a year in my area.

FHA loans have been on the increase in our area and to soe extent VA as well. 

I work a VA buyer  rarely( I'd happy to do, but I did not have many opportunities in this market), FHA ~  quite often. I have no issues with either products if the lender knows what she is doing and a client preapproval is solid.  p.s. It can be tricky with condos, though. 

Michael Johanson - I rarely get the opportunity to work with buyers who opt for VA or FHA...

We just turned down a FHA mortgage on a home not in perfect condition. Always have been conventional or cash all these years.

Not important to us.

VA is rare for me personally - 3 in last 2 years, and never an FHA, believe it or not

I do very little in the VA or FHA arena.

Ifg I do a resale for an investor it is sold to an FHA or VA buyer almost every time.

I utilize FHA and VA loans when they will fulfill my clients needs best ... so yes, both are important within my services Michael Johanson.  I agree with Lyn Sims that too many Chicagoland Condo Associations either are unaware or unwilling to seek (or renew) the approval necessary for FHA.  It's been a bit of a stranglehold on those properties ...

Gene 

Not many VA loans.

They are not applicable in our great land.

I think up set with some agents that do not want there clients to take VA loans because they think they take to long and have more problems with inspections.

some use FHA but most are conventional and/or cash....

VA all day long, yes!

FHA, no so much.

Michael Johanson There are a lot of active duty and retired military in our area. VA loans are common place. FHA is also pretty popular.

I would estimate 80% of buyers use them

Buyers need these agencies and these agencies need buyers...agents standby

VA is very important to us in San Diego. FHA; not usually except in our Florida Area.

Our market area is primarily VA/FHA. It is not difficult at all you just do it. Buyers in my area tend to not have large downpayments or high credit scores so use these loans.

FHA and VA products are very popular in our market.

FHA is very common and used among most buyers getting a mortgage in my area. I do alot of VA, but over all VA is not used near as much as FHA

Very few of my clients use VA or FHA.  But, when they do, it's important.

I haven't had any problems lately but I'm doing more conventional.

Those wishing to use VA backed financing will switch to cash or conventional to be competitive in the Florida coastal market place.

FHA is very prominate in price points below $500,000.

IF both VA and FHA ceased to do business, there would be little impact here. Of course some would have to contuinue renting, but little impact on the real estate resale market place.

It is very helpful if those type loans are the best choice for the buyer.