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.
Childress (established 1887; incorporated 1890) is a city in Childress County, Texas, United States. The population was 6,778 at the 2000 census. It is the county seat of Childress County. Like the county, the city is named for George Campbell Childress, a native of Nashville, Tennessee, who was the principal author of the Texas Declaration of Independence.