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.
SHERMAN, TEXAS. Sherman is in central Grayson County seventy-five miles north of Dallas on U.S. Highway 75. The city is also intersected by U.S. Highway 82, State highways 11 and 56, and the tracks of the Missouri, Kansas and Texas, Southern Pacific, and Burlington Northern rail lines.n 1862 the publisher of the Sherman Patriot, an anti-secessionist Whig newspaper, was murdered. The Civil War years witnessed William C. Young 's organization of a force of 1,000 men from the Sherman area. This group became the Eleventh Texas Cavalry of the Confederate Army.