Compared to traditional loans, VA loans give veterans a financing advantage that would not otherwise be possible. In fact, the VA loan advantage is uncomplicated: relaxed eligibility guidelines and increased ability to borrow up to 103.15 percent of the value of a home on purchase transactions. Additionally, service members on active tours of duty that require extended absences may see a freeze in their mortgage loan interest rates. Comparatively, a veteran loan is one of the best mortgage products on the market, hands down!