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 born in 1820 in Lancaster, Ohio, near the banks of the Hocking River. His father, Charles Robert Sherman, a successful lawyer who sat on the Ohio Supreme Court, died unexpectedly in 1829. He left his widow, Mary Hoyt Sherman, with eleven children and no inheritance.