Mortgage Broker in Grayson County, TX | Wayne Wallace NMLS #745186
20 years of living here. Generations of family roots. A broker who knows this county from the inside.
If you’re buying a home in Grayson County, TX, you deserve a mortgage broker who knows this county the way most lenders know a street address — not from a database, but from 20 years of living here and generations of family roots that run through Van Alstyne, Howe, and Sherman. I’ve watched Grayson County evolve from a quiet agricultural community into one of the most economically significant emerging markets in North Texas. With 27 years of mortgage experience and a personal stake in this community, I bring knowledge and commitment that no out-of-state lender can replicate.
Generations Deep: My Roots in Grayson County
My connection to Grayson County is not professional — it’s personal and generational. I have lived in Grayson County for 20 years, and my family’s roots here go back generations, with deep ties to Van Alstyne, Howe, and Sherman. I have seen this county from perspectives that no newcomer can fully appreciate — the agricultural foundations, the small-town identity, the pride that longtime Grayson County families carry, and the genuine excitement about what this county is becoming.
When a buyer from Sherman sits across from me, I know the neighborhood they’re describing. When someone mentions a rural property near Van Alstyne or Howe, I understand the land, the USDA eligibility questions, the well and septic considerations, and the appraisal dynamics that come with rural Grayson County real estate. That knowledge is not something you develop from a market report — it comes from decades of being here.
The Grayson County Real Estate Market
Grayson County is experiencing an economic transformation unlike anything in its history. The city of Sherman — the county seat — has become what economic development leaders are calling the “Tech Hub of North Texas.” Texas Instruments is constructing multiple 300-millimeter semiconductor wafer fabrication plants in Sherman representing an investment of approximately $30 billion. GlobalWafers America has committed $5 billion to manufacture silicon wafers in Sherman. Coherent, Tyson Foods, and others have added hundreds of millions in additional investment. The Texas Legislature formally recognized Sherman’s economic significance with a Senate Resolution celebrating Grayson County Day at the State Capitol in 2025.
This industrial investment is driving population growth and housing demand across the county. Median home prices in Grayson County range from approximately $230,000–$330,000 depending on city and property type — dramatically more affordable than the Collin County corridor to the south. That affordability gap, combined with the incoming wave of semiconductor industry workers, is creating strong demand for housing at every price point across Sherman, Denison, Van Alstyne, Howe, and the surrounding communities.
For buyers priced out of Collin County, Grayson County represents genuine value: newer homes at lower price points, more land, more space, and a county that is on the leading edge of a major economic transformation.
Loan Programs for Grayson County Home Buyers
USDA Rural Development Loans
Much of Grayson County remains USDA Rural Development eligible — meaning zero down payment with no private mortgage insurance may be available on qualifying properties. The 2026 USDA loan limit for Grayson County is $336,500, which covers a significant share of the county’s available inventory. Communities like Van Alstyne, Howe, Bells, Collinsville, and rural Sherman-area addresses are frequently eligible. I verify eligibility on every Grayson County transaction before we choose a loan program.
VA Loans
Grayson County has a strong veteran community, and VA financing is one of the most powerful tools available to eligible buyers here. With zero down payment, no PMI, and competitive rates, VA loans are an exceptional fit for Grayson County’s price points — and there is no loan limit for full-entitlement borrowers. If you’ve served, this benefit was earned and deserves to be fully utilized.
Conventional Loans
For buyers in Sherman, Denison, and Van Alstyne purchasing at conventional price points, standard conforming loans provide competitive rates with down payments as low as 3–5%. I shop your file across multiple wholesale investors to find the best rate and fee combination for your profile.
FHA Loans
First-time buyers and those with limited down payment savings will find FHA financing well-suited to Grayson County’s price points. With the 2026 FHA limit at $472,030 — well above the county’s median prices — FHA covers nearly the entire available market here. As little as 3.5% down with flexible qualification guidelines.
Rural & Acreage Property Loans
Grayson County has abundant rural land and acreage properties, particularly between Van Alstyne, Howe, Whitesboro, and the eastern county. Financing rural acreage requires a lender who understands how to handle well and septic systems, larger lot sizes, and rural appraisal dynamics. I have extensive experience with these transactions and know which investors handle them without friction.
New Worker & Relocation Loans
Texas Instruments, GlobalWafers, and the broader semiconductor supply chain are bringing thousands of new workers to Grayson County — many relocating from other states. Relocation loans require specific documentation, flexible start-date employment handling, and lenders experienced with corporate relocation packages. I have 14 years of experience with exactly this buyer profile from my years in Plano’s corporate corridor.
Why Work with a Local Grayson County Mortgage Broker?
Grayson County is at an inflection point. The buyers arriving here today are coming from Collin County, from out of state, and from the semiconductor industry workforce — and they’re making decisions in a market that is changing rapidly. USDA eligibility maps are shifting. New construction is arriving in Sherman and Van Alstyne. Rural property values are moving.
A broker who has spent 20 years in this county and whose family roots go back generations here brings something no algorithm can replicate. I know which Van Alstyne addresses are still USDA-eligible, which rural properties appraise cleanly, and which parts of Sherman are seeing the most growth from the semiconductor build-out. As an independent broker with access to multiple wholesale investors, I shop your loan across lenders to find the best fit — and I stay personally involved from first conversation to closing day.
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Homewood Mortgage, LLC | NMLS #294974 | Wayne Wallace NMLS #745186 | Licensed in Texas | This is not a commitment to lend.