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.
stratford, texas. Stratford, the county seat of Sherman County, is on U.S. highways 54 and 287 in the western part of the county. The site was settled around 1885, when Aaron Norton bought 100 sections of land from the railroads, and was named by Walter Colton, Norton's hired manager, after Stratford, Virginia, the boyhood home of Robert E. Lee.