While many of us love stabilized wood for our handles, there is nothing wrong with a good hardwood handle and a proper finish .... done right.
Millions of knives have had handles from hardwoods like maple, hickory, walnut, ebony, etc. For a finish probably most had boiled linseed oil or a similar oil finish.
Drying the wood properly and letting it acclimate before use is paramount. This can take years for many woods. What you buy from places like Woodcraft and most wood suppliers is for woodworking and turning and is not dried for knife handles. It still needs up to a year to become stable (different kind of stable).
Applying a finish that will last and protect the handle can take weeks to longer for some finishes.
The thing you want is the oil IN the wood, not ON it. That is accomplished by letting it absorb for a little while (usually 10-30 minutes) and wiping all the excess off with strong rubbing and friction.. Let it cure for at least 24 hours, lightly sand or steel wool, and repeat about three to five times. The handle will glow with an inner shine. It will last for decades with an occasional quick BLO treatment every couple years.
Other oil finishes work pretty much the same. It is a good thing to know that many finishes have a name that implies they are one thing but really are mainly BLO. Tung oil finish/varnish and other Danish finishes are regularly partly BLO. Thinning BLO with about 25% turpentine makes it dry faster, but it still needs time to cure. My final finish on many things from axe handles to leather sheaths to furniture is 40% BLO, 30% turpentine, and 30% beeswax. You can play the beeswax up and down to make a more solid wax or a thinner absorbing finish.
SAFETY NOTE - store of ALL rags and paper towels that have oil finishes on them in a water can. Dispose of properly. I used to be pretty nonchalant about just tossing them over a sawhorse outside and letting them dry before throwing in the trash bin. On day I picked one up and it was HOT! That is why all those spontaneous combustion videos are made to educate us.
I remember about 50 years ago doing a raw linseed oil finish on a classic puukko for a couple months before it was fully soaked and cured - soak 24 hours, drain and wipe off, dry for a week, repeat about 6 times. BLO greatly shortened that time on later knives and axe handles, but it still takes a good week.