# Can a borrower use the 'First-Time Buyer' 30-year amortization?

> First-time buyer 30-year amortization applies only when the buyer personally meets the FTHB definition — a spousal buyout by itself doesn't reset that status if the borrower has owned before.

Category: Legal
Last verified: 2026-02-18
Source: https://ratellow.com/faqs/legal/can-a-borrower-use-the-first-time-buyer-30-year-amortization

## Answer
| Item | Standard Refinance | Spousal Buyout |
|------|--------------------|----------------|
| Max LTV | 80% | 95% |
| Agreement| Not Required | Mandatory |
| Amort | 25 Years | 30 Years (Eligible) |
| Status | Conventional | Insured |

## Related guide
- https://ratellow.com/guides/spousal-buyout-program