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 was named after General Sidney Sherman (July 23, 1805 â August 1, 1873), a hero of the Texas Revolution. The community was designated as the county seat by the act of the Texas legislature which created Grayson County on March 17, 1846.In 1847, a post office began operation.n 1901 the first electric  Interurban  railway in Texas, the Denison and Sherman Railway, was completed between Sherman and Denison, Texas. The Texas Traction Company completed a 65-mile (105 km) interurban between Sherman and Dallas, Texas in 1908 and it purchased the Denison and Sherman Railway in 1911.