Any solid info on VA Vendee financing? Any lenders?

[Alex Winfield]

Just got an inquiry in an REO group I host about a VA Vendee loan. I honestly had no idea what he was talking about, but when he mentioned VA loan"ish" on an investment property for 5% down I figured it was worth a little research. I'm having trouble finding any real solid information, experts, or sources on the subject, so I figured I would reach out to the BP community. Any guidance would be greatly appreciated as I live next to the largest Navy base in the world in Norfolk VA. Keeping fingers crossed for a sweet new tool to add to the investor belt!

Thanks! 
Alex