Are Calvet and VA worth the extra work with the rates as low as they are?I've been asking around to see who used Calvet, VA loans, and conventional around here before I return home and start looking for a lender. Some guys don't like either the rates or the fact either the inspectors were to harsh or the lenders take for ever on the Calvet and VA (one fellow claimed as much as 4 months for his loan to go through) most are saying just go with a conventional loan. The hard part is I spent all my money here to pay off my credit cards so a house payment wouldn't financially kill me everymonth. I'll have some money to put aside to cover any closing costs but I'll have nothing to put for a down. I checked my credit score and it's currently 782 although one credit card isn't showing paid off yet probably becuase it was only 2 weeks ago. What do yall think is it worth it to avoid the PMI with Calvet or VA or are the conventional loans out there getting that much better to make the Calvet and VA not worth looking into? November 30 2008 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.