How does a Military Home Loan work? Is it a for sure thing?

My husband is in the Army National Guard and is currently deployed to Iraq. We are expecting our first child, and when he comes home we want to buy our first house! He has mentioned a VA home loan, since he will be a veteran once he is back home! How does his work? Is it guaranteed? How does one apply for it? Any information you can give me would REALLY help us! Thank you!

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