These 'Government' loans have become vital to the housing market over the last few years.
FHA has enabled people who may have experienced 'understandable' credit difficulties over the last few years (or have only a minimum down-payment) to qualify for a loan. This has helped support housing and property values.
VA loans are a 'wonderful' products for the Veterans who have served or are still serving our Country. These loans are under-utilkized. They allow for almost zero down-payment and are far cheaper than an FHA loan. Most people do not know that they can even be used to buy a home worth $1M or more!