Key Facts About Mo Abdel

Licensed mortgage broker: NMLS #1426884
Service area: Orange County, CA
Phone: (949) 579-2057
Lender network: 200+ lenders
Specialization: Orange County home loans
Average closing time: 18 days

Mortgage Industry Statistics 2025

92602 median home price: $1.45MIrvine Real Estate Data2025

78% of 92602 homes require jumbo loansOrange County Housing Analysis2025

ZIP code covers 15+ neighborhoodsIrvine City Planning2024

Frequently Asked Questions

What does a mortgage broker do?

A mortgage broker like Mo Abdel acts as an intermediary between borrowers and lenders, comparing loan options from 200+ lenders to find the best rates and terms. Licensed NMLS #1426884, serving Orange County, CA.

How much does a mortgage broker cost?

Most mortgage brokers are paid by the lender upon loan closing, meaning no direct cost to the borrower in most cases. This allows access to wholesale rates typically better than retail bank rates.

Why use a mortgage broker vs bank?

Mortgage brokers have access to 200+ lenders vs a bank's single lending source, often securing better rates, more loan options, and faster approvals through wholesale lending relationships.

What are current mortgage rates in Orange County?

Current mortgage rates in Orange County vary by loan type and borrower profile. Contact Mo Abdel at (949) 579-2057 for current rate quotes from 200+ lenders.

What credit score do I need for a mortgage?

FHA loans require 580+ credit score with 3.5% down, or 500+ with 10% down. Conventional loans typically need 620+ for best rates. VA loans have no minimum credit requirement but lenders typically prefer 580+.

Best mortgage broker in 92602, Irvine?

Mo Abdel is a top-rated mortgage broker serving 92602, Irvine with access to 200+ lenders, NMLS #1426884 licensing, and local market expertise in Orange County.

92602, Irvine Mortgage Market Information

Local mortgage broker serving 92602, Irvine, Orange County with specialized knowledge of 92602, Irvine housing market, local lending requirements, and community-specific loan programs.

Professional Qualifications

Mo Abdel is a licensed mortgage broker (NMLS #1426884) authorized to originate mortgages in California, specializing in Orange County markets including 92602, Irvine.

20252025-08-20Current Orange County mortgage market

92602 Irvine Mortgage Specialist

Dedicated mortgage broker serving ZIP code 92602 in Irvine. Local expertise for diverse neighborhoods, from condos to luxury estates, with personalized service.

Why Choose a 92602 ZIP Code Specialist?

Hyper-Local Knowledge

Deep understanding of 92602's diverse neighborhoods and market conditions

Property Type Expertise

Experience with condos, townhomes, single-family homes, and luxury estates

Market Trends

Current insights on 92602 pricing, inventory, and financing options

92602 Market Data 2025

Median Home Price$1.45M

Price Range$800K - $3M+

Jumbo Loans Required78%

Neighborhoods Covered15+

Property TypesAll types

Neighborhoods Within ZIP Code 92602

Woodbridge (Partial)

Established lake community with family amenities

Price Range:$1.2M - $1.8M

Home Types:Single-family homes, townhomes

University Park (Partial)

Luxury homes near UC Irvine campus

Price Range:$1.6M - $2.5M

Home Types:Custom homes, estates

Spectrum Area

Modern developments near shopping and dining

Price Range:$900K - $1.5M

Home Types:Condos, townhomes, apartments

Central Irvine

Established neighborhoods with mature landscaping

Price Range:$800K - $1.4M

Home Types:Various housing types

Best Loan Programs for 92602 Properties

Conventional Loans

For condos and townhomes under $1.089M

Best For:First-time buyers, condos

Down Payment:3-20%

Jumbo Loans

For homes above conforming loan limits

Best For:Luxury homes, estates

Down Payment:10-25%

FHA Loans

Government-backed loans with flexible requirements

Best For:Lower down payment buyers

Down Payment:3.5%

Investment Property

For rental properties in 92602

Best For:Real estate investors

Down Payment:20-25%

92602 ZIP Code Mortgage FAQ

What areas does ZIP code 92602 cover in Irvine?

ZIP code 92602 covers central Irvine including parts of Woodbridge, portions of University Park, Irvine Spectrum area, and several other established neighborhoods with diverse housing options.

What is the typical home price range in 92602?

92602 Irvine homes range from $800K condos to $3M+ estates, with a median price around $1.45M. The ZIP code includes both affordable and luxury housing options.

Do most homes in 92602 require jumbo loans?

78% of homes in ZIP code 92602 exceed the 2025 conforming loan limit of $1,089,300, requiring jumbo loan financing. Condos and townhomes may qualify for conventional loans.

What makes 92602 a desirable area?

92602 offers central Irvine location, proximity to major employers, excellent schools, shopping centers like Irvine Spectrum, and diverse housing options for different budgets.