Can First-Time Homebuyers Get a 30-Year Mortgage?

Absolutely — most first-time homebuyers do use a 30-year mortgage. It offers the lowest monthly payment, making homeownership more accessible.

Advantages include:
✔ Lower monthly payments
✔ More purchasing power
✔ Predictable budgeting
✔ Fixed-rate stability

In Chester County communities like Exton, Downingtown, Malvern, and West Chester, where prices can be competitive, a 30-year mortgage often makes more sense than a shorter-term loan.

First-time buyers may also qualify for:
• FHA loans
• USDA loans (some Chester County areas qualify)
• Down payment assistance programs
• Seller credits

Top Realtor Bela Vora, who has lived in Chester County for 28 years, connects buyers with trusted local lenders who offer first-time buyer programs and explain the best loan structure for your financial situation.

To explore financing options, reach out to Bela Vora of Coldwell Banker Realty, your trusted real estate advisor.