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.
Cherokee County is a county located in the U.S. state of Texas. As of the 2010 census, its population was 50,845. The county seat is Rusk. The county was named for the Cherokee, who lived in the area before being expelled in 1839. Rusk, the county seat, is 130 miles southeast of Dallas and 160 miles north of Houston. Cherokee County comprises the Jacksonville, TX Micropolitan Statistical Area, which is also included in the Tyler-Jacksonville, TX Combined Statistical Area.