FHA loans are available to any home buyer who intends to occupy the property but are used most often by first-time homebuyers and low- to moderate-income buyers. However, there are no income limit qualifications. Even a millionaire can take out an FHA loan, subject to loan amount caps based on locale.
Though both Sherman County and Sherman, Texas, are named for the same person, the city of Sherman is located in Grayson County, approximately 430 miles to the southeast.
The ShermanâDenison Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of one county â Grayson â in North Texas, anchored by the cities of Sherman and Denison. As of the 2010 census, the MSA had a population of 120,877. The ShermanâDenison Metropolitan Statistical Area is a component of the DallasâFort Worth Combined Statistical Area, which covers a 19-county area and had an estimated population of 6,805,275 as of July 1, 2009. It is ...