Beacon Hill condos

The Beacon Hill market isn’t unique from a mortgage perspective. We are experiencing some of the same pressures on buyers as most other markets around the country. Lenders are much more conservative, new rules are in place from Fannie Mae and Freddie Mac, and it’s tougher than anytime in the last 20 years to get a mortgage.

Down payments –

Conventional lenders are requiring minimum 20% down payments for most mortgages. We are helping some buyers to work with the FHA however, getting them loans with down payments as low as 5% of the Boston downtown condominium selling price.

Special condo rules –

Condominiums are scrutinized even more by lenders. New rules limiting the number of investor owners in a complex, as well as extra requirements about how many units are in foreclosure or delinquency are making it tougher to get a condominium mortgage.

Credit qualification –

Higher credit scores are required these days to qualify for a mortgage, though we’ve been helping buyers to overcome this obstacle to home ownership.

Call us at 617-720-5454 or email us to see how we can help you with this decision and give you a whole new look at buying a condominium in the downtown real estate market.

Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


Back Bay

Beacon Hill

Charles River Park


North End

South End

Seaport District

South Boston



Surrounding Communities of Boston
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



Call Now